Overview In August 2022 United States' Bovine Meat exports accounted up to $368M and imports accounted up to $397M, resulting in a negative trade balance of $28.7M. Between August 2021 and August 2022 the exports of United States' Bovine Meat have decreased by $-94.1M (-20.4%) from $463M to $368M, while imports decreased by $-96.6M (-19.6%) from $494M to $397M.
Destinations In August 2022, Bovine Meat were exported mostly to Japan ($84.5M), South Korea ($72.4M), Canada ($54.6M), Mexico ($54.1M), and Taiwan ($39.7M), and were imported mostly from Canada ($184M), Mexico ($126M), Australia ($56.8M), Nicaragua ($8.26M), and Argentina ($7.86M).
Growth In August 2022, the decrease in Bovine Meat's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-21.1M or -25.1%), Japan ($-9.61M or -10.9%), and Netherlands ($-1.55M or -16.2%). In August 2022, the decrease in Bovine Meat's year-by-year imports was explained primarily by a decrease in imports from Mexico ($-7.79M or -8.44%), Australia ($-4.6M or -8.95%), and Netherlands ($-314k or -46.5%).