Exports to Mexico climbed 13% over remaining 12 months
21 November 2023
2 minute learn
September red meat shipments to Mexico remained smartly forward of remaining 12 months’s report tempo, expanding 17% to 89,042 mt. Export worth larger 18% to $207.6 million, the 3rd best month on report, in step with information launched via USDA and compiled via america Meat Export Federation (USMEF).
In the course of the first 3 quarters of 2023, exports to Mexico climbed 13% from a 12 months in the past to 794,354 mt, valued at $1.68 billion. This incorporated very good expansion in red meat selection exports, which surged 31% in quantity (117,945 mt) and 40% in worth ($220.4 million).
Led via powerful expansion in main markets Honduras and Guatemala, September red meat exports to Central The united states larger 34% year-over-year in each quantity (9,507 mt) and price ($29.6 million). Thru September, exports to the area larger 9% to 89,061 mt, whilst worth jumped 15% to $258.8 million. Along with Honduras and Guatemala, shipments trended upper to El Salvador, Nicaragua and Costa Rica.
Beef exports to the Dominican Republic are on a report tempo in 2023, with September shipments expanding 3% from a 12 months in the past to five,785 mt and price up relatively to $17.4 million. In the course of the first 3 quarters of the 12 months, exports to the Dominican Republic climbed 23% in quantity (72,518 mt) and 29% in worth ($198.7 million). Along with the Dominican Republic’s sturdy call for for muscle cuts, red meat selection meat shipments surged 95% to a few,143 mt, valued at $5.9 million (up 148%).