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According to the latest data published by CEXGAN, Spain exported to third countries a total of 1,346,625 t of pork and prepared products last year, 16% less than in 2022, when 1,599,340 t were exported. This is the second consecutive year with decreases in exports of these products after the peak reached in 2021 with 1,919,406 tons exported.
As graph 1 shows, we see how the leading buyer by far continues to be China, although exports to this destination have been reduced by 17% compared to 2022, and if we compare with 2020, the year of the highest volume of exports to China, the decrease has been 58%. In 2023, the values were similar to those before the occurrence of african swine fever in China (first outbreak confirmed in August 2018).
China was followed by Japan as the main destinations, with a decrease of 12%, the Philippines (-28%), South Korea (-19%) and Great Britain, which, on the other hand, increased its imports of Spanish pork products by 3%. It is also worth highlighting how, after Brexit (January 31, 2020), as it is considered a third country, it appears in the graphs from 2021 and we can see how exports to Great Britain exceed those to Hong Kong.
The Philippines, after two years ranking as the second destination, in 2023 returned to third position.
Evolution of Spanish exports of pork and pork products to their main destination markets. Source: 333 based on CEXGAN data
Graph 2 shows the progression of each country's share of total exports. As shown, China has gone from importing 78% of total Spanish exports of pork and pork products in 2020 to representing 43% of the total in 2023.
Graph 2. Evolution of the share of the main importers of Spanish pork and pork products. Source: 333 based on CEXGAN data.
February 20, 2024 / Editorial 333 based on CEXGAN data.
