2022
Exports
$799MWorld Rnk 11 / 125
Flag Rnk 100 / 1193
2022
PRODUCT COMPLEXITY IN Pig Meat
0.68Rnk 284 / 1025
2022
Imports
$2.16BWorld Rnk 4 / 218
Flag Rnk 51 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $799M in Pig Meat, making it the 11th largest exporter of Pig Meat in the world. At the same year, Pig Meat was the 100th most exported product in Mexico. The main destination of Pig Meat exports from Mexico are: Japan ($589M), United States ($153M), South Korea ($35M), China ($14.7M), and Canada ($4.7M).

The fastest growing export markets for Pig Meat of Mexico between 2021 and 2022 were Japan ($17M), United States ($9.92M), and South Korea ($7.5M).

Imports In 2022, Mexico imported $2.16B in Pig Meat, becoming the 4th largest importer of Pig Meat in the world. At the same year, Pig Meat was the 51st most imported product in Mexico. Mexico imports Pig Meat primarily from: United States ($1.86B), Canada ($269M), Spain ($28.2M), Chile ($7.32M), and Ireland ($380k).

The fastest growing import markets in Pig Meat for Mexico between 2021 and 2022 were United States ($482M), Canada ($31.6M), and Spain ($19.2M).

COMPANIES In 2023, leading companies such as Goya Foods (24) were at the forefront of shipping Pig Meat from Mexico to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Pig Meat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$799M
IMPORTS (2022)$2.16B
NET TRADE (2022)-$1.36B

In 2022, Mexico exported $799M in Pig Meat. The main destinations of Mexico exports on Pig Meat were Japan ($589M), United States ($153M), South Korea ($35M), China ($14.7M), and Canada ($4.7M).

In 2022, Mexico imported $2.16B in Pig Meat, mainly from United States ($1.86B), Canada ($269M), Spain ($28.2M), Chile ($7.32M), and Ireland ($380k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Meat EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Japan$17M (2.98%)
United States$9.92M (6.94%)
South Korea$7.5M (27.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Meat BY Mexico WERE (2021 - 2022):
China-$130M (-89.9%)
Hong Kong-$442k (-100%)
New Zealand-$141k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Pig Meat were:
In 2022, Mexico's main importing competitors in Pig Meat were:
China $4.34B
Japan $4.03B
Italy $2.33B

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Trade Value of Pig Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $65.7M
TOP IMPORT POTENTIALSpain+ $25.7M

Pig Meat’s highest export potential is United States. With an export gap of $65.7M.   Pig Meat’s highest import potential is Spain with an import gap of $25.7M.

See methodology.

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