HS Code:
The Hog category, classified under HS Code 0103, encompasses live swine, including pigs and hogs, used primarily for meat production (pork), breeding, and other agricultural purposes. This category is a significant segment of the global livestock trade, driven by demand for pork as a staple protein in many countries, particularly in Asia and Europe. Trade in this category is influenced by factors such as disease outbreaks (e.g., African Swine Fever), feed costs, environmental regulations, and consumer preferences for sustainably sourced meat.
Total Trade Volume
USD 10.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 2.5 billion
24.5% of total trade of total trade
Increasing
USD 1.8 billion
17.6% of total trade of total trade
Stable
USD 1.5 billion
14.7% of total trade of total trade
Decreasing
USD 1.2 billion
11.8% of total trade of total trade
Increasing
USD 0.9 billion
8.8% of total trade of total trade
Stable
Average Rate
12.5%
Highest Rate
35% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU internal trade or USMCA)
Rising demand in Asia
Increased exports to China and Vietnam due to recovery from African Swine Fever outbreaks, driving up global prices.
2021-2022
Sustainability push in Europe
Stricter environmental and animal welfare regulations in the EU are increasing production costs but also creating a niche market for premium pork.
2020-2023
Technological advancements in breeding
Adoption of genetic selection and precision farming is improving yield and disease resistance, benefiting major exporters like Denmark and the US.
2019-2022
New outbreaks of African Swine Fever in China have led to a temporary ban on imports from affected regions, shifting demand to other suppliers like the US and Canada.
March 2023
Short-term price volatility and increased market share for unaffected exporters.
The EU introduced stricter emissions and welfare standards for livestock, impacting hog production costs and export competitiveness.
January 2023
Potential reduction in EU exports but growth in premium, sustainably sourced pork markets.
Phase One trade deal between the US and China reduced tariffs on US hog exports, boosting shipments to China.
February 2020 (ongoing effects in 2023)
Significant growth in US export volumes to China, altering global trade patterns.