Global exports are forecast to increase 1 percent in 2025 to 13.1 million tons as increases for Brazil, India, and Australia offset lower U.S. exports. Outside the United States, global exports are anticipated to increase 2 percent. China imports are forecast 2 percent higher, a slower pace than in previous years due primarily to weaker consumer demand. U.S. imports are forecast to increase 5 percent as demand for lean trimmings remains high. Strong U.S. import demand will support increases for Australia, Brazil, and New Zealand exports. Australia exports are forecast 3 percent higher as ample supply and competitive prices propel shipments to North America and East Asia.
Brazil exports are also forecast 3 percent higher to 3.8 million tons. Firm demand from key trading partners – including the United States, Chile, and the Philippines – is likely to drive Brazil exports to a record in 2025. India exports are forecast to increase 2 percent on strong demand from Southeast Asia and Middle East markets.
