November export worth elevated 2% to $225.7 million
21 January 2025
2 minute learn
November pork exports from the US to main market Mexico totalled 99,849 mt, the fourth highest this 12 months and almost matching the very sturdy quantity from a 12 months in the past, whereas export worth elevated 2% to $225.7 million, based on knowledge launched by USDA and compiled by the US Meat Export Federation (USMEF).
The USDA Meals Security and Inspection Service transitioned to digital export certificates for Mexico on Nov. 4, resulting in delays for some shipments, however November volumes verify these obstacles have been short-term.
January-November exports to Mexico have been 5% above the document tempo of 2023 (when exports elevated by 14% over 2022) at 1.05 million mt. Export worth climbed 10% to $2.33 billion – solely barely beneath the full-year worth document ($2.35 billion) posted in 2023.
Pork exports to Colombia have been record-large in November, climbing 19% from a 12 months in the past in quantity (14,471 mt) and 23% in worth ($42.1 million). With one month to spare, exports to Colombia already set annual information, hovering 29% to 114,619 mt and exceeding the earlier full-year excessive of 106,456 mt reached in 2021. Export worth jumped 36% to $329.4 million, topping the earlier full-year document ($272 million) from 2023.
Regardless of modestly decrease shipments to main markets Honduras and Guatemala, November pork exports to Central America nonetheless elevated 14% from a 12 months in the past to 18,896 mt and climbed 15% in worth to $59 million. Shipments have been record-high to Nicaragua, El Salvador and Belize and have been the second largest on document to Costa Rica. By means of November, exports to the area already exceeded earlier full-year highs for quantity and worth, each of which have been reached in 2023. January-November shipments elevated 20% to 143,131 mt, valued at just below $450 million (up 28%).
