In 2023, Brazil was the largest exporter of beef worldwide with exports amounting to a value of 7.2 billion U.S. dollars, followed by Australia, with eight billion dollars.
The global meat industry
The meat industry was valued at approximately 897.5 billion U.S. dollars in 2021, and projected to increase to almost 1.4 trillion U.S. dollars in 2027. Poultry was the most produced type of meat worldwide in 2022, followed by pork. More than 135 million metric tons of poultry were produced worldwide, compared to some 121 million metric tons of pork. Beef and veal came in third place, with a production volume of about 72 million metric tons in 2022. Asia Pacific accounted for share of more than half of the global meat market in 2020.
International trade
In 2022, Brazil and the United States were forecasted to be the top exporters of beef and veal, with an export volume of 2.6 million and 1.5 million metric tons of beef and veal, respectively. While China and the United States were the leading destinations for exports of Brazilian beef, Canada was by far the leading country of destination for U.S. prepared or preserved beef and veal exports, with an export volume of nearly 25 thousand metric tons in 2020.
Trade value of leading beef exporters worldwide in 2023 (in billion U.S. dollars)*
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WTEx. (July 15, 2024). Trade value of leading beef exporters worldwide in 2023 (in billion U.S. dollars)* [Graph]. In Statista. Retrieved September 19, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/917207/top-exporters-of-beef-global/
WTEx. "Trade value of leading beef exporters worldwide in 2023 (in billion U.S. dollars)*." Chart. July 15, 2024. Statista. Accessed September 19, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/917207/top-exporters-of-beef-global/
WTEx. (2024). Trade value of leading beef exporters worldwide in 2023 (in billion U.S. dollars)*. Statista. Statista Inc.. Accessed: September 19, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/917207/top-exporters-of-beef-global/
WTEx. "Trade Value of Leading Beef Exporters Worldwide in 2023 (in Billion U.S. Dollars)*." Statista, Statista Inc., 15 Jul 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/917207/top-exporters-of-beef-global/
WTEx, Trade value of leading beef exporters worldwide in 2023 (in billion U.S. dollars)* Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/917207/top-exporters-of-beef-global/ (last visited September 19, 2024)
Trade value of leading beef exporters worldwide in 2023 (in billion U.S. dollars)* [Graph], WTEx, July 15, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/917207/top-exporters-of-beef-global/