USDA’s long-term projection data shows the volume of U.S. red meat exports in all major categories is projected to grow through 2033. Rising incomes abroad and a moderately declining real exchange rate of the U.S. dollar against the currencies of major agricultural trading partners lend support to U.S. red meat and poultry exports.
By 2028, pork exports are set to exceed exports of broiler chickens for the first time since 1976. Steady growth in U.S. pork production, driven by a combination of increasing slaughter weights, rising pigs per litter, and higher inventories, is projected to support rapid growth in exports. New environmental policies in the European Union are expected to impact pork production and reduce the growth of EU exports, which will enhance U.S. competitiveness.
U.S. pork exports are expected to increase by 34 percent from an expected 6.95 billion pounds in 2024 to a projected 9.34 billion pounds by 2033.
