Mexico tops $200 million for eighth straight month
18 April 2025
2 minute learn
Though February pork exports to main market Mexico noticed a slight year-over-year decline in quantity (93,178 mt, down 1%), worth nonetheless climbed 7% to $202.6 million – the eighth consecutive month wherein shipments to Mexico have topped $200 million, in keeping with information launched by USDA and compiled by the US Meat Export Federation (USMEF).
By February, pork exports to Mexico had been barely forward of final yr’s report tempo in quantity (197,680 mt, up 1%) and seven% increased in worth ($424.6 million).
Demand for US pork in Central America continues to soar, with February exports up 16% from a yr in the past to 14,164 mt, whereas worth climbed 18% to $43.3 million. February shipments to Guatemala had been the second largest on report at 3,974 mt. These outcomes pushed January-February exports 19% forward of the report tempo of 2024 at 28,674, with worth up 24% to $89.9 million, led by sturdy progress in Honduras, Guatemala and Costa Rica.
February pork exports to China/Hong Kong had been 5% increased than a yr in the past at 38,492 mt, whereas worth was up 8% to $93.1 million. By February, pork exports to China/Hong Kong had been additionally 5% above final yr at 76,088 mt, valued at $185.5 million (up 9%).
About two-thirds of the export quantity to this area is pork selection meat, though these shipments fell 5% by February to simply underneath 50,000 mt. As famous above, eligibility for export to China was not too long ago renewed for numerous U.S. pork crops, eradicating a possible impediment. Nevertheless, an extra 10% retaliatory obligation on US pork coming into China has been in place since March 10. This elevated China’s efficient tariff fee on U.S. pork to 47%, whereas most rivals’ merchandise are tariffed at 12%. Efficient April 10, China’s whole tariff fee on US pork and pork selection meat is ready to extend to 81%.
