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
FAS Manila forecasts beef imports to remain flat at 200,000 MT Carcass Weight Equivalent (CWE) in 2024 because of low demand for imported beef.
The Canadian cattle herd is forecast to sustain the long-term trend of contraction in 2024. Drought impacts will see cow and heifer slaughter increase proportionally to herd size in 2023, limiting any growth potential.
Since reaching peak numbers in 2016, the New Zealand national cattle herd has been gradually declining, and this is expected to continue in 2024.
News and Features
May 1, 2023
Celebrating World Trade Month
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.
February 10, 2023
2022 Was Another Record Year for U.S. Farm Exports
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.