In 2023, Brazil led global beef and veal exports at 2.75 million metric tons, showing a robust 6.35% increase, followed by Australia and India, both with slight declines. Argentina saw a significant export boost of 10.93%. Chile, Malaysia, and Japan exhibited the most substantial growth rates at 19.3%, 37.97%, and 21.06% respectively, indicating dynamic market potentials. In contrast, Saudi Arabia, Honduras, and Bosnia and Herzegovina experienced significant declines.
Future trends to watch in global beef and veal exports include:
- Sustainability practices and their impact on production costs and market preferences.
- Trade relations and policy changes, especially concerning major producers like Brazil and Australia.
- Potential shifts in consumer demand due to health and environmental awareness, affecting traditional markets.
Top countries in Beef and Veal Meat Export by Country
| # | 10 Countries | Thousand Metric Tons (Carcass Weight Equivalent) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 2,750 | 2023 | -5.11% | +6.35% | View data |
| 2 | 2 Australia | 1,530 | 2023 | +23.59% | -0.67% | View data |
| 3 | 3 India | 1,420 | 2023 | -1.53% | -1.23% | View data |
| 4 | 4 United States | 1,380 | 2023 | -14.43% | -0.81% | View data |
| 5 | 5 Argentina | 840 | 2023 | +2.07% | +10.93% | View data |
| 6 | 6 New Zealand | 675 | 2023 | +4.98% | +2.32% | View data |
| 7 | 7 Canada | 560 | 2023 | -3.95% | +3.26% | View data |
| 8 | 8 Uruguay | 450 | 2023 | -12.28% | +0.63% | View data |
| 9 | 9 Paraguay | 435 | 2023 | -5.84% | +4.15% | View data |
| 10 | 10 Mexico | 370 | 2023 | -7.04% | +6.35% | View data |