Beef & Beef Products
U.S. Beef & Beef Products Exports in 2022
Total Export Value
$11.71 Billion
Total Volume (Millions)
1 Metric Tons
3-Year Average
$9.95 Billion
Compound Average Growth
6.6% (2013-2022)
Top 10 Markets for Beef & Beef Products in 2022
Market | Total Value (USD) |
---|---|
South Korea | $2.72 Billion |
Japan | $2.34 Billion |
China | $2.14 Billion |
Mexico | $967.52 Million |
Canada | $835.98 Million |
Taiwan | $747.74 Million |
Hong Kong | $392.26 Million |
European Union | $246.76 Million |
Philippines | $161.14 Million |
Indonesia | $123.74 Million |
Data and Analysis
In October 2023, the U.S. Department of Agriculture’s Plant and Animal Health Inspection Service and the Colombian Institute for Agriculture agreed on import requirements for U.S. bovine meat and bone meal (MBM) to Colombia. Colombia’s steady economy growth, increasing production of proteins, and growing demand for high quality pet food are creating new opportunities to increase exports of MBM products to the country.
Vietnam is a growing market for beef and beef products, with demand driven by numerous factors including a growing population, economic growth, widening integration with global economies through free trade agreements, rising income per capita, and expanding modern retail and food service channels.
Egypt's economy is under pressure due to rising inflation and the impact of Russia's invasion of Ukraine -- Egyptian food prices are rising and U.S. dollars are increasingly hard to access.
News and Features
May is World Trade Month, and USDA's Foreign Agricultural Service is marking the occasion by sharing some of the most recent facts and figures about U.S. agricultural trade.
The American agricultural sector posted its best export year ever in 2022 with international sales of U.S. farm and food products reaching $196 billion.
The updated agreement regarding beef tariffs will allow U.S. exporters to more reliably meet Japan’s growing demand for high-quality beef.