Worldwide | U.S. Meat Exports Through November Remain Strong | U.S. meat ex...
Worldwide
U.S. Meat Exports Through November Remain Strong
U.S. meat exports posted gains through November 2006 compared to the same time period in 2005. U.S. pork and pork variety meat exports increased 9 percent in volume to 1,147,835 metric tons (mt) and 8 percent in value to $2.6 billion. U.S. beef and beef variety meat exports climbed 41 percent in volume to 597,964 mt and 53 percent in value to $1.86 billion.
Mexico continues to be the No. 1 volume market for pork at 324,630 mt while Japan is highest in value at $945 million. Growth areas include Russia as exports shot up 111 percent in volume to 80,594 mt and 129 percent in value to $159.8 million. Hong Kong also had significant gains as volume increased 100 percent to 21,080 mt and 98 percent in value to $35.5 million while South Korea, where domestic meat prices have skyrocketed, remained steady with a 47 percent increase in volume to 94,772 mt and a 43 percent increase in value to $199.2 million.
Mexico is also the top destination for U.S. beef and beef variety meat with volume increasing 33 percent to 339,035 mt and value 35 percent to just over $1 billion. The Middle East continues to post strong gains due to variety meat sales, increasing 185 percent to 79,993 mt and 74 percent to $104.2 million. Exports to Japan, Hong Kong, the Philippines and Singapore continue to increase since the markets reopened to U.S. beef.
For more information, see November Export Statistics for beef and pork on the USMEF Web site.
Worldwide
U.S. Meat Exports Through November Remain Strong
U.S. meat exports posted gains through November 2006 compared to the same time period in 2005. U.S. pork and pork variety meat exports increased 9 percent in volume to 1,147,835 metric tons (mt) and 8 percent in value to $2.6 billion. U.S. beef and beef variety meat exports climbed 41 percent in volume to 597,964 mt and 53 percent in value to $1.86 billion.
Mexico continues to be the No. 1 volume market for pork at 324,630 mt while Japan is highest in value at $945 million. Growth areas include Russia as exports shot up 111 percent in volume to 80,594 mt and 129 percent in value to $159.8 million. Hong Kong also had significant gains as volume increased 100 percent to 21,080 mt and 98 percent in value to $35.5 million while South Korea, where domestic meat prices have skyrocketed, remained steady with a 47 percent increase in volume to 94,772 mt and a 43 percent increase in value to $199.2 million.
Mexico is also the top destination for U.S. beef and beef variety meat with volume increasing 33 percent to 339,035 mt and value 35 percent to just over $1 billion. The Middle East continues to post strong gains due to variety meat sales, increasing 185 percent to 79,993 mt and 74 percent to $104.2 million. Exports to Japan, Hong Kong, the Philippines and Singapore continue to increase since the markets reopened to U.S. beef.
For more information, see November Export Statistics for beef and pork on the USMEF Web site.