• ITVI.USA
    15,494.200
    152.800
    1%
  • OTRI.USA
    25.070
    0.290
    1.2%
  • OTVI.USA
    15,447.770
    158.270
    1%
  • TLT.USA
    2.700
    0.010
    0.4%
  • TSTOPVRPM.ATLPHL
    2.550
    -0.030
    -1.2%
  • TSTOPVRPM.CHIATL
    3.030
    -0.080
    -2.6%
  • TSTOPVRPM.DALLAX
    1.450
    0.150
    11.5%
  • TSTOPVRPM.LAXDAL
    2.910
    -0.030
    -1%
  • TSTOPVRPM.PHLCHI
    1.700
    -0.040
    -2.3%
  • TSTOPVRPM.LAXSEA
    3.020
    -0.010
    -0.3%
  • WAIT.USA
    120.000
    0.000
    0%
  • ITVI.USA
    15,494.200
    152.800
    1%
  • OTRI.USA
    25.070
    0.290
    1.2%
  • OTVI.USA
    15,447.770
    158.270
    1%
  • TLT.USA
    2.700
    0.010
    0.4%
  • TSTOPVRPM.ATLPHL
    2.550
    -0.030
    -1.2%
  • TSTOPVRPM.CHIATL
    3.030
    -0.080
    -2.6%
  • TSTOPVRPM.DALLAX
    1.450
    0.150
    11.5%
  • TSTOPVRPM.LAXDAL
    2.910
    -0.030
    -1%
  • TSTOPVRPM.PHLCHI
    1.700
    -0.040
    -2.3%
  • TSTOPVRPM.LAXSEA
    3.020
    -0.010
    -0.3%
  • WAIT.USA
    120.000
    0.000
    0%
NewsTrucking

Mexico’s agri-food exports top $20 billion in first half of 2020

Beer led all food and beverage exports during first half of year, ahead of avocados and tomatoes

Mexican agri-food exports rose 4.26% to $20.68 billion during the first half of the year, Mexico’s Ministry of Agriculture and Rural Development (SADER) reported.

The Mexican agri-food product with the highest demand in international markets was beer, with sales of more than $2 billion in that period, according to the Friday report.

Mexico’s other top agri-food exports included:

  • Avocados, $1.8 billion.
  • Tomatoes, $1.4 billion.
  • Tequila and mezcal, $1.04 billion.
  • Sugar and sweeteners, $949 million.
  • Peppers and chiles, $873 million.

Exports of wheat registered the biggest jump, increasing 116% during the first six months of the year, compared to the same period last year. It was followed by pork, 43%; corn, 39%; coffee, 22%; and onion and garlic, 22%.

Avocados registered a 21% increase; followed by tomatoes, 19%; bakery products, 15%; and tequila and mezcal, 16%.

Mexico reaches an agri-food surplus of 19% in the first half of 2020, with year-over-year international sales increasing 4.26%.

In monthly terms, agricultural exports registered an annual increase of 31.5% during June, compared to the same time last year, with $1.8 billion in sales.

“This is the highest monthly increase so far this year, due to the export dynamics of the agricultural sector and the demand for Mexican products in international markets,” SADER officials said in a statement.

Mexico exported $472.3 billion worth of goods around the world in 2019. The majority of Mexico’s exports are motor vehicles, auto parts, gasoline, computer chips, computers, liquefied natural gas, electrical machines and medical equipment.

Mexico’s top trading partners in 2019 were, in descending order, the U.S., Canada, Germany, China, Brazil, Japan, Colombia, the United Kingdom, South Korea and the Netherlands.

Click for more FreightWaves articles by Noi Mahoney.

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Noi Mahoney

Noi Mahoney is the Cross-Border Freight Market Reporter for FreightWaves.com. He graduated from the University of Texas at Austin with a degree in English in 1999. Mahoney has more than 20 years experience as a reporter and editor. He has worked for newspapers in Florida, Maryland and Texas.
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