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Canada’s Pork Export Volume Lower in 2014; Beef Exports Largest Since 2011

Canadian-Pork-Exports

Canada’s 2014 pork/pork variety meat exports totaled 1.064 million metric tons (mt), down 3 percent from 2013, but export value set a new record of $3.23 billion (+9 percent). The United States (367,421 mt, +9.5 percent) accounted for 34.5 percent of Canada’s export volume, while exports were also larger for Japan (181,795 mt, +4 percent) and Mexico (85,313 mt, +26 percent). Exports to Russia (91,075 mt, +1 percent) were very strong through July, but have been minimal since the Aug. 7 food embargo imposed by Russia.

Canada’s 2014 pork/pork variety meat imports were down 5 percent to 177,481 mt, as smaller volumes from the U.S. (162,462 mt, -8 percent) were not fully offset by growth from the EU (13,265 mt, +66 percent). U.S. net imports of Canadian pork were 160,258 mt, up 48 percent from 2013, as high U.S. pork prices, the stronger U.S. dollar and Canada’s lack of access to Russia helped move more pork into the United States.

Canadian-beef-Exports

U.S. imports of Canadian hogs were down 3 percent to 4.9 million head, including 3.9 million feeder pigs (-6 percent), and 425,500 direct slaughter barrows and gilts (+17 percent).

Canada’s 2014 beef/beef variety meat exports were 318,181 mt, up 14 percent year-over-year and the largest since 2011. Export value increased 36 percent year-over-year, setting a new record of $1.76 billion. The United States (222,222 mt, +12 percent) accounted for 70 percent of Canada’s export volume, but exports were also larger for Hong Kong (26,217 mt, +3 percent), Mexico (23,404 mt, +31 percent), Japan (18,854 mt, +21 percent) and China (6,831 mt, +5 percent).

Canada’s beef/beef variety meat imports declined 4 percent to 204,087 mt, as smaller volumes from the U.S. (130,098 mt, -21 percent) were not fully offset by growth from Australia (34,766 mt, +97 percent), Uruguay (18,570 mt, +49 percent) and New Zealand (16,507 mt, +8 percent).

U.S. imports of Canadian cattle were 1.2 million head, up 14 percent from 2013, including 441,942 feeders (+40 percent), 387,819 direct slaughter fed cattle (+11 percent) and 269,986 slaughter cows (-12 percent). U.S. net imports of Canadian beef were 85,114 mt, 3.4 times larger than in 2013.

Data sources: Global Trade Atlas and USDA