Argentine Market Now Open To U.S. Pork
USAgNet - 04/13/2018
With strong support and input from the National Pork Producers Council, the United States and Argentina this week finalized an export certificate that allows the U.S. pork industry to ship product to the South American country.
“Argentina has tremendous potential for U.S. pork exports,” said NPPC President Jim Heimerl, a pork producer from Johnstown, Ohio. “This is great news for America’s pork producers, who last year exported almost $6.5 billion of pork around the world.”
Argentina, which had a de facto ban on U.S. pork, has a population of more than 44 million and a per capita income of $17,250 – higher than Mexico’s – making it an attractive market for U.S. pork. Iowa State University economist Dermot Hayes has noted
that fresh pork consumption in the country has increased from about 2 lbs. in 2005 to 22 to 26 lbs. today. The Argentine pork industry estimates that by 2020 consumption will increase to 35 to 44 lbs.
The new opening represents the first time in 25 years that U.S. pork will be allowed into Argentina, which has the potential to be a $10 million-a-year market for U.S. pork producers.