MEXIC

Trade opportunity due to lower tariffs in Mexico

Last year, Mexico imported beef worth 1.075 billion dollars, with an increase of 46% compared to 2022. In the first half of this year, purchases from abroad increased sharply, this time 49% above the same period last year.

Posted on Oct 12 ,00:10

During 2023, the USA covered 80% of the needs and Canada another 19%, together 99% of the total.

But in January-June of this year, in the context of a strong increase in Mexican imports and a reduction in tariffs, the USA + Canada participated with 89%, with Brazil appearing as suppliers with sales of 59 million dollars and Argentina worth 15 million dollars.

This year, Mexico is expected to import $1.4 billion worth of beef.

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