US pork exports to South Korea trend lower in July – USMEF

Although US pork exports to South Korea trended lower in July, shipments through the first seven months of the year still increased 6% to 113,756 mt., according to data released by USDA and compiled by USMEF.

Export value declined slightly, falling 1% to $370.6 million.

In recent months, Korea has implemented duty-free quotas for imported pork as part of its effort to combat food price inflation. These quotas mainly benefit Canadian, Mexican and Brazilian pork, as imports from the US, European Union and Chile already enter at zero duty under free trade agreements with Korea.

Tags: European Union, shipments, Chile, exports, pork, South Korea, US