Oct 25, 2017U.S. potato exports continue growth
U.S. potato exports continue their upward trend. After posting year-over-year gains for July, exports for August 2017 also showed positive growth compared to the same month in 2016. According to a report from Potatoes USA, this growth was led by a 15 percent increase in the volume of fresh exports, a 13 percent increase in dehy and a 6 percent increase in frozen.
The frozen growth was led by 25 percent growth in the volume of exports to Mexico, 34 percent to Central America, 41 percent to Indonesia, 22 percent to Malaysia and 21 percent to Vietnam. There were some declines, with a 36 percent fall in exports to China, the 6 percent decline to South Korea and 23 percent drop in exports to Thailand. For China, 2016 saw a spike in exports as domestic production was offline, however, in 2017, additional processing plants are up and running.
Japan led the growth in dehy export volume for the month, up 77 percent, followed by Mexico, up 9 percent. Some of the smaller markets in Asia also saw substantial increases in exports of dehy with Korea up 377 percent, the Philippines up 256 percent and Indonesia up 72 percent. On the fresh (table-stock and chip-stock) side, the largest market, Canada, was up 33 percent while the second largest, Mexico, was down 19 percent as the Potatoes USA said the peso remains very weak, as does the Mexican economy. Exports saw “excellent” growth in Asia with Korea up 34 percent, the Philippines up 39 percent, Taiwan up 28 percent and Vietnam and Indonesia both returning as destinations for U.S. fresh potatoes.
The complete details on U.S. Potato exports in August are available for fresh, frozen and dehy.
