US red meat exports exceed $11.5 billion, reach all-time highs
WASHINGTON — Exports of U.S. pork, beef and lamb set new records across the board in 2011, reaching all-time highs in both volume and value and exceeding $11.5 billion in total value, according to the U.S. Meat Export Federation.
Pork exports totaled 2.255 million metric tons valued at $6.11 billion, breaking the previous volume record of 2.052 million metric tons and shattering the value record of $4.88 billion, which were both established in 2008. Year-over-year, pork exports were up 18 percent in volume and 28 percent in value.
Beef exports finished the year at 1.287 million metric tons valued at $5.42 billion. This broke the 2003 volume record of 1.274 million metric tons and easily surpassed the 2010 value record of $4.08 billion. Export volume was 21 percent larger than in 2010, with value up 33 percent.
Lamb exports totaled 18,343 metric tons valued at $30.08 million. This topped the previous record performance of 2006, when exports totaled 13,934 metric tons valued at $27.8 million. Compared to 2010, lamb export volume was up 72 percent and value increased 46 percent.
“It is extremely gratifying to see all red meat exports reaching new heights, even with the various trade obstacles we still face across the world,” said USMEF President and CEO Philip Seng.