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U.S. July pork exports continued above year-ago levels

Building on a robust first-half performance, July exports of U.S. pork continued to outpace year-ago levels, according to data released by USDA and compiled by USMEF.

13 September 2023
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July pork exports totaled 219,014 metric tons (mt), up 5% year-over-year, while export value increased 1% to $628.7 million. Through the first seven months of 2023, pork exports were 13% above last year’s pace at 1.69 million mt, valued at $4.67 billion (up 10%).

Pork exports to leading market Mexico continue to far exceed last year’s record pace, with July shipments up 15% from a year ago to 81,081 mt. July export value increased 12% to $189.4 million.

July was another strong month for pork exports to Central America, which increased 23% from a year ago to 9,138 mt, valued at $27.3 million (up 26%).

Taiwan’s demand for U.S. pork continues to make an impressive rebound in 2023. July exports to Taiwan were 2,388 mt, up from just 352 mt a year ago. July value reached $7.8 million, up from just $880,000.

Pork exports to China/Hong Kong, which are currently primarily variety meat, were also lower in July but remain well ahead of last year’s pace. January-July shipments totaled 315,539 mt, up 18% year-over-year, valued at $813.6 million (up 14%).

In Japan, July pork exports were down 12% from a year ago to 25,357 mt, while value fell 9% to $106. 9 million.

July pork exports to Canada increased 15% from a year ago to 16,615 mt, valued at $67 million (up 2%).

July variety meat exports were up 6% to 48,057 mt, valued at $108.9 million (up 4%). January-July shipments established a record pace, totaling 345,070 mt, up 28% from a year ago, valued at $812.7 million (up 19%).

September 7, 2023/ USMEF/ United States.
https://www.usmef.org

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