US Meat Export Federation: November pork exports break 2022 records

Published 2023년 1월 9일

Tridge summary

In November, pork exports reached a record high of 245,663 tonnes, with a value of $725.1 million, a 3% increase from the previous year. Record high pork exports were made to Mexico and the Dominican Republic, with Mexico's exports exceeding $200 million for the second consecutive month. Pork exports to China/Hong Kong also saw a momentum in the second half of 2022. However, beef exports did not show the same growth, with a total of 115,777 metric tonnes and an export value of $846.6 million, down 6% and almost 20% respectively from the previous year. Despite this, the first 11 months of 2022 saw a 14% increase in beef export value, reaching $10.9 billion.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

During November, pork exports reached 245,663 tonnes, up 3% from last year, and export value scaled 10% to $725.1 million. Both volume and value were the highest seen since May 2021. Specifically, pork exports to Mexico and the Dominican Republic were record highs, with shipments to Mexico exceeding $200 million for the second consecutive month. Pork exports to the Dominican Republic had already set annual records in October, and demand further intensified in November. Shipments reached a record 10,229 tonnes in November, up 70% from a year ago and up notably from the previous high of 8,966 tonnes in April. While off to a slow start in 2022, pork exports to China/Hong Kong regained momentum in the second half of the year. During November, exports increased 39% from a year ago to 54,410 tonnes and jumped 40% in value to $140.3 million. “I cannot say enough about the tremendous performance of the Mexican market and its importance to the US pork industry,” said Dan Halstrom, USMEF ...

Source: Meat+Poultry