US pork exports in March 2023 were the highest in nearly 2 years

Published 2023년 5월 11일

Tridge summary

US pork exports in March 2023 reached their highest level since May 2021, with a total of 260,195 tons and a value of 724 million USD, marking a 17% increase in volume and an 18% increase in value compared to the same period last year. The first quarter of 2023 saw a 14% increase in volume and a 15% increase in value in exports, totaling 716,691 tons and 1.96 billion USD. There was a notable increase in exports to Mexico, the Dominican Republic, and the Philippines, with Mexico seeing a 15% increase in volume and a 31% increase in value in March 2023. The Dominican Republic and the Philippines both experienced significant growth in imports of US pork, with the Dominican Republic's imports increasing by 87% in volume and 88% in value, and the Philippines' imports increasing by 65% in volume and 42% in value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the USMEF, which compiles data released by the USDA, US pork exports in March 2023 reached the highest level since May 2021, reaching 260,195 tons, equivalent to 724 million USD, up 17% in volume and up. 18% in turnover compared to March 2022 and is the month with the ninth largest volume and turnover ever. In general, in the first quarter of 2023, exports reached 716,691 tons, worth 1.96 billion USD, up 14% in volume and 15% in turnover compared to the first quarter of 2022. In March 2023, US pork exports to Mexico reached 95,030 tons, up 15% compared to March 2022 and the second highest month after January 2023, and turnover increased 31% to 195, 7 million USD. For the whole first quarter of 2023, pork exports to Mexico increased by 11% to 270,056 tons and turnover increased by 34% to 541.7 million USD. In March 2023, pork exports to the Dominican Republic reached 13,181 tons, up 87% compared to March 2022 and surpassing the record reached in February 2023 of ...
Source: Vinanet

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