With U.S. tariffs affecting northbound trade, Mexico is now engaging Brazil as a market for avocados. Brazil's new import protocol was disclosed by Mexico's Agriculture Minister Julio Berdegué Sacristán, affirming the ongoing trade developments between the two nations.
"Good news! The Brazilian Agriculture Ministry has informed me that it has published a protocol allowing for the importation of Mexican avocados, the best in the world, to [our] sister nation, to the delight of its 200 million consumers," Berdegué stated on X.
Mexico is the leading avocado producer globally, contributing approximately 34% of global volume. Michoacán is a key state, producing 84.9% of Mexican avocados. Other producing regions include Jalisco, México state, Nayarit, Morelos, and Guerrero.
While Brazil is a new market, it doesn't surpass the U.S., which absorbs 80% of Mexican avocado exports. Canada and Japan follow with 7% and 3%, respectively, according to the U.S. Department of Agriculture.
Brazil's avocado production has increased 74.09% in recent years, with the state of São Paulo contributing around 50% of the national total. However, local demand has outpaced production, prompting imports.
Trade between Mexico and Brazil exceeded US$16 billion in 2023. Brazil's exports to Mexico surpassed $12 billion, while Mexican exports to Brazil were over $4 billion, reports the Economy Ministry.
The two countries are in discussions to revisit their early 2000s trade agreement.
Source: Mexico News Daily
