Trends in the global pork trade
2014 saw widespread disruption to the global pork market. This included Russia imposing sanctions on exports from many of the world’s largest exporters and a series of disease outbreaks around the world. But has the first half of 2015 been more “normal” for the global pork trade?
The four most important exporters in the global pork market are the EU, the US, Canada and Brazil. Each has experienced different factors influencing its export trade in the first six months of 2015. Only the EU has seen an increase in shipments, with the strong US dollar, Russian ban and limited export availability were the main factors behind declines for the US, Canada and Brazil respectively. However, trends for the major suppliers varied between the key importing countries.
To read our analysis of trade so far this year and prospects for the coming months, click here.