USA: Pork exports continue to gain momentum, beef export value sets annual record

Frozen Bone-In Beef

Other Frozen Pork Cuts

Lamb

Meat

United States

Published Jan 7, 2023

Tridge summary

November exports of U.S. pork were the largest of 2022 in both volume and value, according to data released by USDA and compiled by USMEF. November beef exports were below the large year-ago totals, but 2022 export value already set a full-year record of nearly $11 billion. Pork exports reached 245,663 metric tons (mt) in November, up 3% from a year ago, while export value climbed 10% to $725.1 million. In both volume and value, exports were the highest since May 2021.

Original content

For January through November, pork exports were 10% below the previous year at 2.43 million mt, valued at just under $7 billion (down 7%). Pork exports to Mexico set another value record in November, topping $200 million for the second consecutive month, and volume was record-large at 87,809 mt. Overall results were also bolstered by excellent growth in variety meat exports, which were up more than 25% year-over-year at just over 50,000 mt, valued at $116.9 million – up 21% and the fourth highest on record, driven by growth to China and Mexico. “I cannot say enough about the tremendous performance of the Mexican market and its importance to the U.S. pork industry,” said USMEF President and CEO Dan Halstrom. “U.S. pork faces heightened competition in Mexico, especially with the recent suspension of import duties. But U.S. industry efforts to educate the trade and consumers about the outstanding quality, consistency and value of U.S. pork continue to pay dividends and elevate ...

Source: Usmef