Japan and Vietnam Driving Record Pork Export Pace

DENVER, CO – While China/Hong Kong continued to be the pacesetter for U.S. pork export growth, April exports also increased significantly to Japan, Vietnam, and Chile. Pork export volume increased 22 percent from a year ago while export value grew 28 percent over the same timeframe. Through the first four months of 2020, pork exports remain on a record pace of 1.1 million metric tons, a 35 percent increase from the first four months of 2019, with value increasing 45 percent as well. With production down significantly from the record levels achieved in March, pork export value per head slaughtered jumped to a record $72.55 in April, up 43 percent from 2019. Through April, exports accounted for 32.4 percent of total pork production and 29.3 percent for muscle cuts.
(SOURCE: U.S. Meat Export Federation)