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Mexico: Pork trade balance shows deficit in the first quarter of 2025

Pork imports continue to set records, while exports recorded a nearly 20% drop in volume.

13 May 2025
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Mexico's pork trade in the first quarter of 2025, annual variations. Prepared by 333 Latin America with data from the Agricultural Markets Advisory Group (AMAG).

Mexico's pork trade in the first quarter of 2025, annual variations. Prepared by 333 Latin America with data from the Agricultural Markets Advisory Group (AMAG).

Exports

At the end of the first quarter of 2025, pork exports fell by 19.8% compared to the same period in 2024, going from 50,311 to 40,368 tons (t).

The export value (USD 202.7 million) fell by 1.9%, while the average export price rose to USD 5,022/t—an increase of 22.3% compared to USD 4,016/t in the same period last year.

Imports

Cumulative pork imports in the first quarter of 2025 totaled 459,469 t, an increase of 15.2% compared to the same period in 2024.

The total value reached USD 965.6 million, with an implicit price of USD 2,102/t, representing a 6.7% increase compared to the average recorded during the same period last year (USD 1,969/t).

During the first quarter, approximately 6,043 t of pork came from Chile and 6,080 t from Brazil.

May 7, 2025/ 333 Latin America with data from Agricultural Markets Consulting Group (GCMA)/ Mexico.
https://gcma.com.mx/

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