U.S. red meat exports increased through the first seven months of this year compared to the same time last year, according the U.S. Meat Export Federation.

U.S. beef and beef variety meat exports worldwide increased 27 percent in value to $1.42 billion and 16 percent in volume to 425,394 metric tons while U.S. pork and pork variety meat exports were up 5 percent in value to $1.7 billion, but declined 5 percent in volume to 704,138 metric tons (1.55 billion pounds).

Through July, Mexico continued to be the leading market for U.S. beef and beef variety meat exports valued at $670.8 million. Mexico, still the second-largest destination for U.S. pork and pork variety meat, posted a 22 percent decline in value to $248.2 million.

Canada, although not an area where U.S. red meat marketing takes place, was the second-largest export market for U.S. beef and beef variety meat. Canada is ranked third for U.S. pork and pork variety meat exports.

Moving from North America to Asia, Japan was the fourth-largest market for U.S. beef and beef variety meat exports Japan remained a lucrative market for U.S. pork and pork variety meat exports as value increased 13 percent to $667.8 million, almost three times the value of the next market, Mexico.

USMEF reports the Middle East continued as an expanding area for U.S. beef and beef variety meat. USMEF also notes that U.S. beef and beef variety meat exports to the Caribbean in July set a new monthly. And for U.S. pork and pork variety meat exports, volume to Australia went up 39 percent. The Australian pork industry continues to struggle with high feed prices.

For a complete breakdown of export statistics, visit the USMEF Statistics page. For more information on USMEF activities and strategies for a specific country or region, visit the International Markets page.

Source: USMEF