Even with a double-digit drop in beef exports during 2023, the Mexican bovine trade balance remained in surplus

Mexico's meat trade balance last year was in deficit by more than three million dollars, products of animal origin were exported in the order of 514,059 tons and 2.7 million tons were imported. The billing (income), from sales, was 2.93 million dollars while the expense was more than 6 million dollars. The Agricultural Market Consulting Group (GCMA) reported that due to the supply and consumption needs of Mexicans, more than 200,000 tons of beef had to be imported, 1.6 mt. of pork and almost a million in chicken, all of which resulted in spending 9% higher than what was recorded the previous year. Juan Carlos Anaya's consulting firm detailed that international purchases increased by 7.4% last year. Otherwise, for exports, which fell by 10.9%, the shipment abroad of 11% less beef, 10% less pork and 42% less chicken was detailed, with a value obtained from these shipments that was 8.2% lower. than what was observed in 2022. THE BOVINE SECTOR… LESS MEAT SHIPMENTS (EXPORTS), MORE ...