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Agriculture could be an economic bright spot for Mexico

This year, Mexico is expected to export 1.8 mln tons of tomatoes to The US, which constitutes a new record. Last year, exports of tomatoes alone were worth around $2.3 bln. Tomatoes are the most striking—and the largest—example of a bigger trend. Mexico exported agricultural goods worth $39.5 bln last year, around 10% of the country’s total exports. Agriculture, which accounts for 4% of Mexico’s GDP, grew by 2% last year, even as the economy as a whole contracted by 8.5%.

Source: economist.com


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