The US pork export sector is celebrating a milestone achievement with record-setting performance, particularly in trade with Mexico. According to recent data from the USDA and the US Meat Export Federation (USMEF), July saw a historic high in pork exports to Mexico, valued at $244.5 million. This represents a remarkable 29% increase from the previous year and sets a new record for monthly export value. Export volumes also surged, climbing 24% to 100,577 metric tons (mt).
The first seven months of 2024 have been exceptional for US pork exports, with total shipments reaching 663,777 mt—an 8% increase over the same period last year. The export value has soared by 15%, reaching $1.45 billion. This robust growth reflects strong demand, driven by higher hog prices and a tight domestic supply in Mexico, creating new opportunities for US pork in the international market.
Colombia has also shown impressive growth in pork imports, with July shipments rising 11% to 8,570 mt, valued at $24.8 million—an increase of 16%. For the January-to-July period, exports to Colombia have jumped 29% in volume and 40% in value, demonstrating a significant expansion despite previous technical challenges. Recent outreach efforts in Bogotá and Cartagena have effectively addressed these issues, further bolstering trade relations.
Central America is also contributing to this positive trend, with pork exports in July climbing 18% to 10,790 mt, valued at $34.9 million—an increase of 28%. Year-to-date exports to the region have grown by 20% in volume and 31% in value. Key markets such as Honduras, Guatemala, Costa Rica, El Salvador, and Nicaragua are all experiencing strong performance, highlighting the region's growing demand for US pork.
These record-breaking achievements underscore the strength and dynamism of the US pork export market, showcasing its vital role in global trade and continued economic growth.
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