US top beef exporter of the world
01 September, 2018
USA is the world’s top beef exporter.
The country’s beef exports accounted for 12.9 per cent of total production in 2017.
The US exported beef worth US$6.2 billion, according to data collected by Canada-based organ firm, World’s Top Exporters.
Over the last five years beef exports have increased worldwide as the demand for meat has increased.
Although India has banned the slaughtering of cows and consumption of beef in many parts of the country, it is among the top exporters of beef in the world.
Australia is the second largest beef exporter with exports worth US$5.8 billion. The country has about 3 per cent of the world cattle and buffalo inventory and produces 4 per cent of the world’s beef supply.
Australia is followed by Brazil which is the third highest exporter of beef. The increase in demand for beef world over has also seen an increase in the value and volume of the Brazilian beef exporters association. In 2017 Brazil beef exporters generated US$ 5.1 billion, 26 per cent more than the previous year.
India is the fifth highest beef exporter with export value worth US$ 3 billion. Although the country has strictly banned slaughtering of cows within the country as cow is considered sacred to Hindus, the beef exports of the country have never seen much of a dip. India is followed by Ireland, New Zealand and Canada.
Canada beef exports were worth US$1.6 billion in 2017. The country’s exports were up by 5 per cent in 2017 and it aims to increase the production by as high as 35 per cent per year.
Beef from Poland has enjoyed a good market in Italy and the country has expanded its export market to Turkey and Netherlands. Saudi Arabia also lifted the ban on Polish beef which increased the country’s exports to put in the top ten countries.
According to the data European countries accounted for the highest dollar worth of exported beef during 2017 with shipments valuated at $14 billion or roughly one-third (31.5%) of the global total.