U.S. Pork Exports Update for January 2019 April 2019
Amid trade disputes, smaller markets step up demand for U.S. pork $494.1 million in value for January 2019 9% lower than last January 201,835 metric tons (445 million pounds) 1% lower than last January (USDA statistics compiled by USMEF) (All totals include muscle cuts and variety meat)
Top U.S. Pork Export Markets (January 2019) Mexico – 66,293 metric tons, down 9% from January 2018 ● value down 28% to $96.1 million Japan – 32,910 mt (down 6%) ● value down 8% to $135.2 million Hong Kong/China – 26,744 mt (down 16%) ● value down 32% to $53.2 million South Korea – 18,491 mt (down 2%) ● value down 8% to $50 million Canada – 16,165 mt (up 13%) ● value up 6% to $58.3 million South America – 12,752 mt (up 57%) ● value up 61% to $31.3 million ● Led by strong growth in Colombia and Chile Oceania – 9,272 mt (up 22%) ● value up 12% to $24.8 million Central America – 7,271 mt (up 18%) ● value up 15% to $16.6 million ● strong performance in Panama, Costa Rica and Guatemala (USDA statistics compiled by USMEF)
Measuring Pork Export Value Exports accounted for 23.6% of total U.S. pork production in January Down from 24.7% last January Export value of $44.75 per head in January Down 12% from January 2018 (Export production % includes variety meat)
U.S. Pork Exports 2019 vs. 2018 (Including variety meat) Volume: Metric Tons
U.S. Pork Exports 2019 vs. 2018 (Including variety meat) Value
U.S. Beef Exports Update for January 2019 April 2019
Japan, Korea set strong early pace for 2019 beef exports $642.3 million in value for January 2019 3% higher than last January 104,766 metric tons (231 million pounds) 1% lower than last January (USDA statistics compiled by USMEF) (All totals include muscle cuts and variety meat)
Top U.S. Beef Export Markets (January 2019) Japan – 25,925 metric tons (up 8%) ● value up 12% to $167 million ● Variety meat exports to Japan (mainly tongues) up 36 percent in volume (4,645 mt) and value ($31.4 million) Mexico – 21,194 mt (fractionally higher) ● value up 14% to $101.7 million South Korea – 17,900 mt (up 4%) ● value up 10% to $134.3 million Hong Kong – 7,047 mt (down 36%) ● value down 28% to $57.4 million Canada – 8,840 mt (down 9%) ● value down 9% to $54.2 million Taiwan – 4,215 mt (fractionally higher) ● value down 12% to $36.8 million (USDA statistics compiled by USMEF) (All totals include muscle cuts and variety meat)
Measuring Beef Export Value 12.2% of total U.S. beef production exported in January Down from 12.4% in January 2018 Per-head export value equal to $284.86 in January Down 3% year-over-year (Export production % includes variety meat)
U.S. Beef Exports 2019 vs. 2018 (Including variety meat) Volume: Metric Tons
U.S. Beef Exports 2019 vs. 2018 (Including variety meat) Value: Millions of Dollars
U.S. Lamb Exports Update for January 2019 April 2019
Lamb exports trend higher in January $2.13 million in value in January 2019 45% higher than last January 1,384 metric tons (3 million pounds) 87% higher than last January (USDA statistics compiled by USMEF) (All totals include muscle cuts and variety meat)
Top U.S. Lamb Export Markets (January 2019) Mexico – 1,144 metric tons (up 92%) ● value up 38% to $923,000 Caribbean – 146 mt (up 152%) ● value up 72% to $845,000 ● strong month for Bahamas, Dominican Republic and Trinidad and Tobago Middle East – 80 mt ● value up 4,225% to $173,000 ● excellent growth in United Arab Emirates Canada – 7 mt (down 30%) ● value down 44% to $39,000 (USDA statistics compiled by USMEF) (All totals include muscle cuts and variety meat, unless otherwise indicated)
U.S. Lamb Exports 2019 vs. 2018 (Including variety meat) Volume: Metric Tons
U.S. Lamb Exports 2019 vs. 2018 (Including variety meat) Value: Millions of Dollars