This year Mexico stopped exporting 60,000 tons of meat, the sharpest drop in cattle farming

Published 2024년 1월 5일

Tridge summary

Mexico's meat exports, including beef, pork, and chicken, decreased by 11.2%, leading to an overall drop of 8.9% in value in total protein shipments, amounting to 478,500 tons for a total foreign exchange of 2,726.5 million dollars. In contrast, imports of these same proteins grew by 6.7% in tonnage and 7.5% in value, resulting in a trade balance deficit of 2,727.3 million dollars. Bovine farming saw a reduction in beef shipments and an increase in beef purchases, contributing to a trade surplus in Mexico's beef trade balance of 1,472 million dollars.

Pork exports from Mexico fell by 9.8% in total weight and 13% in value, with China as the destination for only 1,749 tons. Chicken exports decreased by 47.3% in exports, with an average price of 1,134 dollars per ton and a 60.3% reduction in total income. Imports of chicken saw a 10% increase, with an average price of 1,238 dollars per ton, representing a 3.1% decrease in total value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Juan Carlos Anaya's consulting firm, the Agricultural Market Consulting Group (GCMA), reported in its report on Foreign Trade Statistics of the Livestock Sector, that until November, Mexico stopped exporting 11.2% less meat (beef, pork and chicken). ), and in general shipments of these proteins added up to a drop of 8.9% in value. In total, Mexico exported 478,500 tons for total foreign exchange of 2,726.5 million dollars. In the area of imports, the GCMA indicated that acquisitions of these same proteins grew by 6.7% in terms of tonnage and 7.5% in value. That is, the entry of 2.5 million tons meant a total expense of 5,453.8 million dollars; The meat trade balance in Mexico is in deficit with 2,727.3 million dollars. TRADE BY SUBSECTOR Bovine farming, the entry of South American meat and the shipment of live cattle to the United States In detail, the GCMA noted that beef shipments reached a total of close to 279,000 tons from January to November, this would represent a reduction ...
Source: Ganaderia

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