US pork exports reached nearly 3 million metric tons in 2020, topping the 2019 record by 11%, according to data released by USDA and compiled by the US Meat Export Federation. Pork export value also climbed 11% to a record $7.71 billion. Exports set new annual records in China/Hong Kong, Central America, Vietnam and Chile, and achieved strong fourth quarter growth in Japan and Mexico.
US beef exports finished 2020 lower year-over-year, falling 5% in both volume and value ($7.65 billion). But beef exports ended the year with very strong momentum, with fourth quarter volume increasing nearly 5% and posting one of the best months on record in December. Beef exports to China were record-large in 2020 and a new volume record was also achieved in Taiwan.
USMEF President and CEO Dan Halstrom discusses the year-end export results in more detail in the audio report below.
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