US pork exports declined -2.0% from January into February, down -4.8% from year-ago levels and -3.3% compared to last year-to-date. The top three destinations for US pork for 2024 and into 2025 have been largely Mexico, followed by Japan and South Korea. US pork to Mexico fell -10.6% in February and is down -1.7% under year-ago levels, while those to Japan were up +4.6% on the month but -18.7% under last year, and South Korea increased +7.4% from January but is -14.1% lower compared to a year earlier. Pork imports for the same period fell -4.9% and were -6.3% under a year earlier, bringing year-to-date imports down -4.9% compared to the same months in 2024.
Canada is largely the most notable provider of foreign pork to the US, with the latest imports from Canada down -2.4% in February and -5.6% under a year earlier. Mexico and Denmark also recorded lower shipments to the US, down -7.0% and -7.5% respectively on the month and -8.3% and -10.9% respectively compared to year-ago tallies.
US beef & veal exports slipped -1.2% in February, bringing them -6.9% under a year earloer and -4.0% under last year-to-date. The top three destinations for US beef & veal in 2024 and into 2025 are Mexico, South Korea and China (Taiwan). Beef and veal to Mexico increased +5.3% from January into February however are -1.5% under a year earlier, while those to South Korea fell -4.4% on the month but are +1.9% over the same month in 2024, and China (Taiwan) dropped -17.4% in February and is down -16.4% compared to last year. Beef & veal imports for the same period dropped -38.8% on the month however were up +5.9% over a year earlier. Year-to-date imports are up +14.6% compared to the same months in 2024. The top three countries for 2024 and into 2025 that supply beef and veal to the US are Australia, Canada & Brazil. Beef and veal imports from Brazil plummeted -69.0% from January levels and are -0.8% under February 2024, while Australia dropped -45.5% on the month however is +5.0% over last year. Imports from Canada fell -11.7% in February and are down -12.3% from a year earlier.
US broiler exports were up +6.8% for February, bringing them +0.1% over last year but -8.3% lower than last year-to-date. The top destinations for US broilers for 2024 and into 2025 has been primarily Mexico, which fell -14.9% in February and is -8.6% under last year. The Caribbean and Canada also receive a notable amount of US broilers, with the Caribbean up +2.3% from the previous month and +40.8% compared to a year earlier while Canada fell -14.3% in February but is +29.2% over last year. Broiler imports for the same period dropped -13.8% and were -2.5% under last year, bringing year-to-date imports down -6.0% compared to the same months in 2024. Two notable countries that supply broilers to the US are Chile & Canada. Imports from Chile fell -15.1% in February but are up +6.1% from a year earlier, while those from Canada fell -9.5% on the month and were down -22.8% under a year earlier.
