Canada’s Beef, Pork Exports Trend Lower through August
Canada’s beef imports through August were up 8 percent to 150,135 mt. Imports from the United States (115,065 mt, +10 percent) accounting for 76.6 percent of this total. Imports also increased from Uruguay (10,638 mt, +36 percent) and Australia (10,283 mt, +25 percent), but were lower from New Zealand (12,254 mt, -23 percent).
Canada’s pork/pork variety meat exports were down 4 percent in August to 87,382 mt. Volumes were lower to Japan (13,964 mt, -17 percent), Russia (7,049 mt, -55 percent), South Korea (2,701 mt, -39 percent) and Taiwan (1,369 mt, -17 percent), but larger for the U.S. (28,728 mt, +11 percent), China (11,030 mt, +13 percent), Mexico (6,538 mt, +53 percent) and the Philippines (4,714 mt, +23 percent). January-August exports followed similar trends, with total volume down 1 percent to 719,968 mt. Larger exports to the U.S., China, Mexico, the Philippines, Taiwan and Australia were offset by smaller volumes to Japan, Russia, and Korea. Canadian pork has faced export challenges similar to the U.S. this year, including smaller frozen exports to Japan and ractopamine-related restrictions in Russia (though Russia has approved some Canadian plants). Canada has also lost market share in Korea as the United States, Chile and European suppliers benefit from lower duties through their respective FTAs.
Canada’s pork imports through August were down 4 percent to 125,375 mt. This corresponds with a 4 percent decline from the United States (118,784 mt), which accounts for 95 percent of Canada’s pork import volume. Imports were higher from the EU (5,157 mt, +19 percent), but lower from Chile (1,248 mt, -27 percent).
(Source: Global Trade Atlas)