Pork exports shine - Beef aims for recovery

Aug 14, 2023

The US pork industry celebrates an excellent start to 2023. As per USMEF data, June pork exports rose by 12%, equating to 245,964 metric tons (mt). This surge brought the six-month total to a robust 1.47 million mt, with a value of $4.05 billion.

Mexico showed an exciting 21% growth in first-half value, setting a record. There were also notable increases in exports to regions like Australia, Taiwan, and the Dominican Republic. An outstanding 32% jump was seen in pork variety meat exports to China.

Dan Halstrom, USMEF's head, praised the widespread international growth, highlighting strides in the Asia-Pacific and Western Hemisphere.

The beef sector faced some hurdles. June exports came to 115,107 mt, showing a 12% dip from last year. The value, however, marked at $909.5 million, held potential. The first half's performance was 10% below the previous year but 8% above 2021.

Countries like Taiwan, Mexico, and Canada provided hopeful statistics. Some markets, such as South Korea, China, and Japan, did experience a drop, but potential remains.

Halstrom emphasized the steady contribution of beef exports to total production, underlining their significance in overall value. In contrast, lamb exports saw a downturn, especially in the second quarter. June figures displayed a 56% decrease in volume and a 45% drop in value.

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