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U.S. pork exports remain below last year

Pork exports remained below last year’s pace but continued to gain strength in Colombia and the Caribbean and stayed above year-ago for Mexico, the leading destination for U.S. pork.

15 September 2022
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U.S. pork exports reached 208,095 mt in July, down 6% from a year ago, valued at $625 million (down 5%). Through July, exports were 17% below last year at just under 1.5 million mt, valued at $4.24 billion (down 15%).

July pork exports to leading market Mexico reached 70,245 mt, up 6% from a year ago, while export value jumped 16% to $169.6 million.

Pork exports to Colombia continued to surge in July, climbing 24% to 9,078 mt, while export value increased 23% to $22.3 million.

July pork exports to the Caribbean increased 15% from a year ago to 6,327 mt, while value also climbed 15% to $19 million.

July pork exports to South Korea reached 14,662 mt, up 7% from a year ago, while value was steady at $50.2 million.

While still below year-ago levels, July pork exports to China/Hong Kong were the largest since September at 44,943 mt, valued at $117.2 million (the highest since July 2021). The strength is in variety meats, which reached 29,539 mt in July, the most since July 2021, valued at $71.2 million.

July pork exports to Japan were 28,745 mt, down 8% from a year ago, valued at $116.9 million (down 15%).

September 8, 2022/ USMEF/ United States.
https://www.usmef.org

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