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Strong Finish to 2015 for Canadian Pork, Beef Exports

Canadian-Pork-Exports

Canada’s pork/pork variety meat exports posted a solid finish to 2015, pulling even with 2014 volume at 1.068 million metric tons (mt). Strong December results (96,072 mt, +7 percent year-over-year) were driven by record-large exports to China (20,491 mt, +204 percent).

For the full year, exports to China were still down 1 percent compared to 2014 at 125,566 mt. But exports to all other major markets were higher, including the United States (403,019 mt, +10 percent), Japan (198,979 mt, +9 percent), Mexico (99,494 mt, +17 percent) and Taiwan (39,401 mt, +48 percent). So the flat year-over-year results are largely due to the closure of the Russian market to Canadian pork in August 2014. Through the first seven months of 2014, Russia was Canada’s third-largest export market, taking more than 89,000 mt.

U.S. imports of Canadian hogs totaled 5.74 million head in 2015, up 16 percent year-over-year.

Canadian-Beef-Exports

Exports of Canadian beef/beef variety meat also ended the year on a high note, with December volume up 9 percent to 27,284 mt. December exports to China were the smallest since July at 3,971 mt, but China was still a strong growth market for Canadian beef in 2015. Full-year exports to China totaled 32,869 mt – nearly five times the volume shipped in 2014.

Canada’s total 2015 exports were up 2 percent to 323,067 mt, including a 4 percent increase to the United States (230,647 mt). But exports declined year-over-year to Mexico (19,425 mt, -17 percent), Japan (14,395 mt, -24 percent) and Hong Kong (10,784 mt, -59 percent).

Among smaller markets, Canada’s exports increased sharply to Saudi Arabia (2,266, +165 percent) and the Philippines (998 mt, +112 percent), but were lower for Angola (2,350 mt, -13 percent) and Peru (1,073 mt, -56 percent).

Data sources: Global Trade Atlas and USDA