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US-Mexico agri-food trade up 16% in the last year

During the first half of 2022, the total agri-food trade between Mexico and the United States had an increase of 16% at the annual rate, which added 37,639 million dollars for exports from the Mexican primary sector, according to the Ministry of Agriculture and Rural Development.

Between January and June, a value of total Mexican agri-food exports to the United States amounted to nearly 24 billion dollars, according to data from the Secretariat of the Government of Mexico.

The federal agency highlighted in a statement that the value of exports of Mexican agri-food products increased 18%, while that of imports was 13%, in the same reference period.

“In this way, a surplus balance for Mexico of 10.1 billion dollars was presented, which meant an increase of 24%, compared to the surplus registered during the same period of 2021,” the Ministry of Agriculture and Rural Development detailed.

Specifically, cherries led the main export products to the US with a trade value of 2,67 billion dollars. Avocado exports amounted to 1,7 billion dollars.

“Sales of tomatoes, berries (raspberries and blackberries), peppers, strawberries, boneless beef, grapes and sweet bread also stood out, which together represented 53% of the total value of the country’s exports to the US market,” Sader added.

Source: globelivemedia.com


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