Mexican pork export plummets by almost 20%
The Agricultural Markets Consulting Group states that Mexican pork export decreased by 18,3% between January and May 2023 in comparison to the same period last year.
The null exports to China during the last month have had an impact on this negative variation, which reached shipments of 82,400 tonnes in these months. However, the top 5 destinations of pork meat produced in Mexico continue to be Japan (with almost 70% share), China, the US, South Korea, and Canada.
The revenue has been 18.8% less for the pork protein exported, going from US$ 402.1 million to US$ 326.6 million.
Mexico imported 615,400 tonnes, which is 15.4% more. The United States is the main supplier, with a share of almost 86%; others are Canada, Spain, and Chile.
During the first 4 months of 2023, the US meat industry positioned 960,480 tons of pork abroad, derived from a year-on-year increase in the order of 14% in volume and 13% in revenues, up to US$ 2,620 million.
The United States Meat Exporters Federation (USMEF) highlighted that during this period, Mexico was its most important market, absorbing 350,270 tons, reflecting an increase of 10% compared to 2022.
The rise in demand registered specifically in April, when Mexico imported 80,214 tonnes of pork, valued at 149.6 million dollars, indicating respective growths of 9% and 7%.
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