Home Business-newBusiness Mexico ranks seventh largest agricultural exporter in the world

Mexico ranks seventh largest agricultural exporter in the world

by Yucatan Times
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The agency stressed that beer is the Mexican agri-food product that is exported the most, reaching 130 countries.

MEXICO, December 28, 2021, (FORBES).- Mexico has established itself as the seventh agricultural exporter in the world by selling its products to 192 countries , said the Ministry of Agriculture and Rural Development (Sader) this Sunday.

“The support of the Government of Mexico to producers and agribusiness sector, its wide network of trade agreements and its high standards of food safety and quality, has placed our country in seventh place in the world in exports,” Sader boasted in a statement.

The agency stressed that beer is the Mexican agri-food product that is exported the most, reaching 130 countries.

Until September of this year, the country had sold 3.142 million liters of this drink with the United States, Australia, Canada, and South Africa as the main destinations.

In second place was tequila, with sales of 177 million liters until last August and exports reaching New Zealand, Kenya, the Philippines, and the British Virgin Islands.

“The numbers and records are important and motivate us to continue growing, but we never forget that behind the foreign trade figures there are success stories of companies, producers and people who are the face of the transformation of the field”, declared Víctor Villalobos, holder of the Sader, cited in the document.

This announcement comes after it was revealed that agricultural and fishing exports rose 7.5% year-on-year in the first 11 months of 2021, when they totaled 17,808 million dollars, as reported last Friday by the National Institute of Statistics and Geography (Inegi).

Only in November, exports rose by 21.9% to reach 1.8 billion US dollars.

The highest annual growth was recorded in exports of avocado (48.5%), fish, crustaceans, and mollusks (46.4%), fruits (20.8%), peppers (10.1%), and fresh legumes and vegetables (7.8%) , exposed the Inegi.

Mexico has bet on foreign trade for economic recovery after the Covid-19 crisis, which in 2020 caused a historic contraction of 8.2% in the gross domestic product (GDP), although there was an advance of almost 2% in the primary sector.

In particular, the country has become entrenched in the new Agreement between Mexico, the United States and Canada (T-MEC), in addition to seeking the ratification of the modernization of the Free Trade Agreement between the European Union and Mexico (TLCUEM).

But the Sader promised this Sunday that the Government promotes the diversification of markets, as shown by the search for halal certification towards markets with a Muslim majority.

“Among the products with potential due to their certification, aloe vera, canned tuna, cocoa and chocolate, coffee, chicken meat, dairy products, honey, sauces, and vegetables stand out,” he stated. 

Source: Forbes

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