Mexico closed 2022 with a deficit in the meat trade balance

Total imports of meat (beef, pork and chicken) by Mexico in 2022 rose 4% in volume and 13.8% in value, according to preliminary data from the Agricultural Markets Consulting Group (GCMA). Meanwhile, exports of these same products had a reduction of 2.7% in terms of volume and 4.3% in value. Thus, the deficit in the meat trade balance was 2,233.5 million dollars, according to the agency. When discriminating by type of product, the Group indicates that in the case of beef, a record was recorded in beef exports with close to 355 thousand tons, higher by 5.2% compared to the result of 2021 but with a 7% drop in price, which was reflected in a drop in value terms of 2.2%. Likewise, calf exports fell 23.9%, although they showed a price increase of 11.6%, which was not enough, so the value of sales experienced a drop of 14%. Being self-sufficient in beef, this protein was the one with the least amount imported by Mexico, with falls of 3% in volume and 7.1% in value, ending the year with ...