Mexican meat exports continue with a downward trend

Published 2024년 3월 21일

Tridge summary

Mexico's meat exports, encompassing beef, pork, and chicken, saw a 7.9% decline in the first two months of 2024, as reported by the Agricultural Market Consulting Group (GCMA). However, the monetary value of these exports rose by 4.5% to $447.6 million. Despite the increase in income, Mexico still has a trade deficit of $615 million. Beef exports, in particular, decreased in volume but generated more income, surpassing $301 million. Beef imports, mainly from the US, Canada, and Nicaragua, surged by nearly 50%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Mexico started the first two months of the year with overall meat export numbers down, sending 7.9% less animal protein abroad, which includes beef, pork and chicken, reported the Agricultural Market Consulting Group (GCMA). However, something positive in this poor rhythm is the monetary income, since this section grew by 4.5% to close at 447.6 million dollars, this meant that compared to 2023, the beginning of the year, although it reported fewer shipments for Mexican exporters , generated more income. YOU MAY BE INTERESTED: Mexican and Canadian meat discriminated against, the United States published its final version of the "Product of USA" labeling Regarding the trade balance, Mexico continues on a deficit path, requiring more international purchases than it exports, which is why the consulting firm headed by Juan Carlos Anaya pointed out a negative trade balance of 615 million dollars. Meat purchases in this period from destinations such as the United States, Canada, ...
Source: Ganaderia

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