The U.S. – Mexico – Canada trade agreement (USMCA) addresses the world’s largest trading area, with a population of nearly 500
million people and a GDP of over $21 trillion. Since free trade was initiated between the United States and its North American
trading partners, Canada and Mexico have evolved into two of the largest export markets for U.S. pork products.
Pork producers rely on these two markets. In 2017, Canada and Mexico took 40 percent of the pork that was exported from the United States. They are on track to make up a large percentage in 2018 as well, racking up 45 percent of total exports through August. The USMCA preserves zero-tariff trade for U.S. pork in North America. It also incorporates strong sanitary-phytosanitary (SPS) provisions that go beyond those contained in the World Trade Organization’s SPS agreement.
It is vital for U.S. pork that these markets remain tariff free prompting NPPC to designate congressional ratification of the USMCA as a key vote.
Congress must ratify the U.S.-Mexico-Canada Agreement to allow the U.S. pork industry to maintain zero-duty market access to two of its largest export markets.
- U.S pork exports topped $6.4 billion in 2017
- Exports added more than $53 — that’s 36 percent of the $149 average value of a hog — to every U.S. hog marketed in 2017
- Exports to Canada and Mexico support 16,000 U.S. jobs
- Mexico is the largest volume market and the second largest value market for U.S. pork exports
- Canada is the fourth largest volume and value market for U.S. pork exports