Trade Works for U.S. Pork Producers
What's the Background?
U.S. exports of pork and pork products have increased by 1,550 percent in value and almost 1,300 percent in volume since 1989, the year the United States implemented its first FTA – with Canada – and started opening international markets for value-added agricultural products. More than 110,000 U.S. jobs are dependent on those exports. Top U.S. pork export markets over the past several years include Japan, Mexico, Canada, China/Hong Kong and South Korea. Exports added $50 – representing 36 percent of the $140 average value of a hog – to every U.S. hog marketed in 2016, when the United States shipped $5.9 billion of pork to foreign destinations. Opening and expanding access to markets through free trade agreements is paramount to the continued success of the U.S. pork industry.
Why Does It Matter to our Producers?
The United States over the past 10 years, on average, has been the top exporter of pork in the world; it is the globe’s lowest cost producer of pork. In any given year, the U.S. pork industry ships product to more than 100 countries. Exports add significantly to the bottom line for all U.S. pork producers.
What is NPPC's Position?
NPPC supports developing new and expanding existing markets for U.S. pork exports through bilateral and multilateral free trade agreements (FTAs) that eliminate tariff and non-tariff barriers.