Potential for U.S. pork exports to Japan to increase $281M by 2028

May 15, 2023

Researchers with the USDA Economic Research Service are forecasting Japan's pork imports to increase between 3.6 and 13.9% by 2028 due to the country's trade agreements in place. Based upon the Global Trade Analysis Project model, the researchers estimate this uptick could lead to an additional $281 million of U.S. pork exports being shipped to Japan.

Japan currently produces 50% of the pork that it consumes through domestic production, however ERS points out that could soon change as domestic pork producers face increased competition from foreign competitors, putting downward pressure on Japan's pork industry and forcing producers out of the business. In the next six years, Japan's pork production is predicted to drop between 4.2 and 11.8%.

Authors Eric Davis, Ethan Sabala, Dylan Russell and Jayson Beckman note that changes in Japan's recent trade agreements could boost the competitiveness of trade partners in the country's pork market. Japan has ratified trade agreements with the United States, European Union, United Kingdom and Comprehensive as well as the Progressive Agreement for Trans-Pacific Partnership in place with Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

"This potential boost in foreign competitiveness could result in lower domestic production, higher import volumes, and thus increased availability of lower-cost foreign pork for Japanese consumers."

Click here to see more...

Video: Five Confirmed New World Screwworm Cases Raise Alarm for Livestock and Pet Owners

Pat Hoffmann, Swine Technical Consultant at Elanco Animal Health tells us about the impact of New World Screwworm. The emergence of New World screwworm in the U.S. creates a threat for veterinarians, livestock producers and pet owners that has not been seen north of the Florida Keys since the fly was eradicated from the United States more than 50 years ago. New World screwworm (Cochliomyia hominivorax) larvae feed on living tissue and can affect a wide range of warm-blooded animals, including livestock, companion animals, wildlife, and even humans.
“New World screwworm could have a devastating impact on animal health, welfare, and producer livelihoods,” said Jeff Simmons, President and CEO, Elanco Animal Health. “We want to thank the FDA, EPA and USDA, for all their work to prepare for this threat. We’re committed to supporting our customers during this challenging time by delivering innovation, scientific expertise, and available resources to help treat New World screwworm and support the health and well-being of animals.”
Elanco is working alongside the U.S. animal health industry to help them fight against this parasite, offering a portfolio of options for pets and livestock that can help treat New World screwworm larvae infestations.