October’s U.S. pork exports, totaling 130,424 metric tons and valued at $313.33 million, broke the record for a single month. The October increase was enough to bring the year-to-date total to 1,035,816 metric tons valued at $2.524 billion — on track for another record-breaking year.
Highlights from the latest results include:
• October exports were equivalent to 14 percent of the month’s production.
• Year-to-date exports to Japan, the leading market for U.S. pork, increased 9 percent in volume.
• Despite a 25 percent year-on-year decrease in volume, Mexico remains the No. 2 market.
• The Hong Kong/China region is the largest growth market this year, with exports increasing 86 percent and 105 percent in volume respectively.
• Canada holds its No. 3 position in value terms, with a 12 percent increase.
Source: U.S. Meat Export Federation