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Mexico-EU agri-food trade increases 16 percent in H1

Christian Fernsby |
From January to June of this year, the total agri-food trade between Mexico and the United States increased 16 percent compared to the same period in 2021, adding 37 thousand 639 million dollars, reported the Ministry of Agriculture and Rural Development.

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The federal agency highlighted that the value of exports of Mexican agri-food products increased 18 percent and imports did so by 13 percent, in the reference period.

In this way, a surplus balance for Mexico of 10 thousand 100 million dollars was presented, which meant an increase of 24 percent compared to the surplus registered during the same period of 2021.

Agriculture indicated that during the first half of 2022, the value of total Mexican agri-food exports to the United States amounted to about 24 billion dollars.

He explained that the main agri-food export products were fruits, alcoholic beverages and vinegars, as well as vegetables, which represented 27, 24 and 20 percent, respectively, of Mexico's agri-food sales to the neighboring country to the north.

The main export products were headed by beer, with a value of 2,672 million dollars, followed by tequila, 2,519 million dollars, and avocado, 1,733 million dollars.

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

Agriculture highlighted that in said period, tequila exports increased 55 percent; boneless beef, 28 percent; avocado, 27 percent and sweet bread, with the same percentage.

During that period, the main import products were cereals, seeds and oilseeds, and meat and edible offal, which represented 27, 14, and 13 percent, respectively, of Mexican agri-food purchases from the United States.

The total value of the main import products from the United States amounted to 13 thousand 769 million dollars, he noted.


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