U.S. pork exports for the week of Jan. 8-14 totaled 17,000 metric tons (mt), up 2 percent from the previous four-week average. Increased exports to China (2,740 mt, +130 percent and the largest since October), Canada (1,210 mt, +4 percent), Hong Kong (750 mt, +13 percent) and Colombia (460 mt, +14 percent) outweighed lower exports to Mexico (5,560 mt, -1 percent), Japan (3,190 mt, -9 percent), South Korea (1,690 mt, -20 percent) and Australia (530 mt, -16 percent).
Pork net sales were 15,600 mt, up 98 percent from the previous four-week average, but corrections resulting in negative net sales during the previous month made comparisons difficult for several markets, including Korea (4,940 mt), China (680 mt), Australia (330 mt) and Colombia (420 mt). Net sales increased to Mexico (3,240 mt, +3 percent), Japan (2,900 mt, +21 percent) and Canada (1,330 mt, +65 percent), but slowed to Hong Kong (490 mt, -43 percent).
U.S. beef exports totaled 9,800 mt, down 16 percent from the previous four-week average. Exports increased to Japan (3,060 mt, +5 percent) but declined to other main destinations including Korea (2,350 mt, -7 percent), Hong Kong (1,520 mt, -23 percent), Mexico (1,170 mt, -35 percent), Canada (960 mt, -14 percent) and Taiwan (340 mt, -55 percent).
Beef net sales were 8,300 mt, down from the previous week, with negative net sales resulting from corrections in the previous month making comparisons difficult for Korea (4,090 mt) and Hong Kong (90 mt). Exports were higher for Canada (1,920 mt, +245 percent), Mexico (1,460 mt, +40 percent), Taiwan (500 mt, +155 percent) and the United Arab Emirates (100 mt, +32 percent), but corrections resulted in negative net sales for Japan (-140 mt).
- Source: USDA/FAS (includes exports and sales of whole muscle cuts).
- Percent change is compared to the previous four-week average, unless otherwise noted.
- Export is defined as an actual shipment from the U.S. to a foreign country.
- Export sale is defined as a transaction entered into between a reporting exporter and a foreign buyer. Sales can be cancelled or adjusted in following weeks, thus “net” sales are reported as the difference between new sales and any cancellations or adjustments.