At the end of October, the bovine trade balance of Mexico maintained a surplus of more than 150,000 tons

Published 2022년 12월 6일

Tridge summary

Mexican beef exports increased by 9.2% in volume and 3.3% in value from January to October 2022, despite a decrease in the international price per ton. The United States, Japan, and Canada were the primary markets for Mexican beef, with the United States receiving 84.5% of the total shipments. There was a 4.9% decrease in Mexico's international beef purchases, with a decrease in imports from the United States and Nicaragua, and an increase in purchases from Canada.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From January to October, Mexican beef exports amounted to 287,942 tons for a value of 1,944.6 million dollars, indicating year-on-year increases of 9.2% and 3.3%, respectively. The Consulting Group of Agricultural Markets (GCMA) reported that this was achieved despite an international price per ton of 6,753 dollars, a figure that indicated a contraction of 5.4% compared to the same period last year. United States, Japan and Canada, the three main markets for Mexican beef During the set of months, the United States remained the most important market for our country, destination where 243,281 t were sent. and representing 84.5% of total shipments, this reported an increase of 8.8% versus January-October 2021. Our second largest destination, Japan, was the country that reflected the largest increase, this being 36.1% to close the period at 26,499 t. and an estimated participation of 9.2% in Mexican exports. Finally, Canada, with the third place, imported a total of 7,327 t., this ...

Source: Ganaderia