October exports of U.S. pork were the largest in more than a year according to data released by USDA and compiled by U.S. Meat Export Federation and National Pork Board.
Global Pork Exports
October 2022 Compared to 2021*
* highest for both variables since mid-2021
2022 YTD Compared to 5-Year Average
Pork variety meat exports were particularly strong in October at 55,271 metric tons (mt) – up 33% from a year ago and the second largest volume on record. Pork variety meat export value was record high at $126.2 million, up 29%.
While growth was driven primarily by record volume exports to China/Hong Kong (up 51% from a year ago), exports also increased significantly to Mexico (the largest since early 2020) and Japan (the largest since 2018). October exports also trended higher to Central America, the Caribbean and Colombia.
Other stats for 2022 U.S. pork export performance:
- October pork export value equated to $63.87 per head slaughtered, up 14% from a year ago.
- Exports accounted for 28.3% of total October pork production.
Key Markets in Value and Volume 2022 YTD Compared to 2021
Read More About U.S. Pork Markets
Ask the Experts!
NPB has coordinated a panel of economists to answer pork producers’ questions about pork markets and the December Hogs and Pigs Report, which will be released Dec. 23.
Submit your questions by Dec. 26. Questions will be selected, and answers will be published on porkcheckoff.org in early January.
Participating economists include:
- Dr. Lee Shultz, Iowa State University
- Altin Kalo, Steiner Consulting
