Asia-Pacific Region

Background

The U.S. pork industry is the most competitive in the world and is well-positioned to capitalize on growth opportunities in the Asia-Pacific region, the fastest-growing economic region in the world. Over the past 12 years, on average, the United States has been the top pork-exporting country in the world, sending $8.1 billion worth of pork to more than 100 countries in 2021. Exports added $62.86, representing 32% of the $191 average value of a hog, to the price producers received for every U.S. hog marketed in 2021. But U.S. exports to Asia-Pacific nations are suppressed by tariff and non-tariff barriers that would be eliminated through successful free trade agreement (FTA) negotiations. 

Unless it negotiates new or expands existing FTAs with countries in the Asia-Pacific, the United States will lose market share in the region. Joining the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) would eliminate tariff and non-tariff barriers, significantly boosting U.S. pork exports and creating American jobs. The 11-member CPTPP – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam – has 500 million consumers and $13.5 trillion of GDP. At least six other countries, including China, South Korea and Taiwan, have applied to join or expressed interest in joining the CPTPP. The U.S. government also will begin negotiations on an Indo-Pacific Economic Framework, with the aim of strengthening partnerships in the region. Agricultural Sanitary and Phytosanitary issues will be included in discussions but market disparities will not.

NPPC's Position

NPPC supports joining the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), which would eliminate tariff and non-tariff barriers, significantly boosting U.S. pork exports and creating American jobs. While the U.S. government recently announced it will begin negotiations on agricultural sanitary and phytosanitary issues with Asian countries through the Indo-Pacific Economic Framework, the trade deal does not go far enough in addressing market disparities. NPPC urges the Biden administration to broaden negotiations to include market access.

Fast Facts

  • Over the past 12 years, on average, the United States has been the top pork-exporting country in the world, sending $8.1 billion worth of pork to more than 100 countries in 2021.
  • CPTPP countries combined have 500 million consumers and $13.5 trillion of GDP. 
  • Joining the CPTPP would put the United States on a level playing field with other pork traders, such the EU and Russia, that already have FTAs with the 11 Asia-Pacific countries.