US beef exports to ASEAN region climb - USMEF
Exports up 25% over last year
19 July 2024
1 minute read
By: US May beef exports to the ASEAN region reached 4,646 mt, up 25% from a year ago and the largest since October, according to data released by USDA and compiled by USMEF.
Shipments to Indonesia (1,823 mt) were the largest since October, to Vietnam (585 mt) were the highest since January 2023, and to Singapore (587 mt) were the largest since 2010 and the third highest on record.
Shipments to the Philippines (1,457 mt) slowed from the previous month but were otherwise the highest since October.
May exports to the region were valued at $40.6 million, up 81% year-over-year and the seventh largest on record.
January-May exports increased 18% in value to just under $125 million, despite a 17% decline in volume (14,977 mt).
