US potato exports increased in May

Image result for potato export imageU.S. exports of frozen, dehydrated and fresh potatoes all increased in May 2017 compared to May 2016, according to Potatoes USA. The organization reports that exports of frozen products increased 4% in volume and value and remain up 3% for the July – June marketing year. Dehy exports were up 19% in volume and 11% in value, but are still down 12% in volume for the marketing year. Fresh exports for May were up 9% in volume and 5% in value and are up 12% in volume for the year. Frozen exports for May were led by a 33% increase to Mexico, a 26% increase to Canada and 21% increase to Central America, along with substantial increases to Malaysia 15%, Philippines 25%, Taiwan 23%, Thailand 58% and Indonesia 15%. On the negative side, China continued to decline and is down 19%, while Korea reversed its positive growth for the year with a 9% decline; Japan was off 1%. Japan and Korea are still up for the marketing year, 10% and 3% respectively. 

The rebound in dehy exports was due to an increase of 155% to Japan, 138% for Indonesia, an 87% improvement to Taiwan and 48% growth to Mexico. China, Korea, Malaysia, the Philippines and Thailand all saw declines in exports during May, though both Malaysia and Thailand are still up for the year.

Fresh exports got a big boost in May from the two largest markets: Canada up 27% and Mexico up 4%. Exports are now up 23% to Canada for the marketing year, while Mexico is still down 8%. Central America also continued strong growth with exports up 74% in May, led by tremendous growth to the DR and Guatemala. Exports of fresh potatoes to Asia were all down for May, with no exports going to Korea and the Philippines, and Japan being off 57%, while Taiwan was down 85%. However, Japan is still up 20% and Taiwan up 74% for the marketing year.

Source: Potatoes USA