section_path: Economy
section_name: Economy
paragraph_text: Economy
  
  Approximately 1.5 billion pigs are slaughtered each year for meat.
  
  The pork belly futures contract became an icon of commodities trading. It appears in depictions of the arena in popular entertainment, such as the 1983 film Trading Places. Trade in pork bellies declined, and they were delisted from the Chicago Mercantile Exchange in 2011.
  
  In 2023, China produced more pork than any other country, 55 million tonnes, followed by the European Union with 22.8 million tonnes and the United States with 12.5 million tonnes. Global production in 2023 was 120 million tonnes. India, despite its large population, consumed under 0.3 million tonnes of pork in 2023. International trade in pork (meat not consumed in the producing country) reached 13 million tonnes in 2020.