Friday, March 24, 2023

Agri-food exports from Mexico register highest amount since 1993

MEXICO CITY, July 25 (EFE) .- Mexico’s agri-food exports between January and May 2022 totaled $21,744 million, the highest amount for the same period since 1993, according to the Ministry of Agriculture and Rural Development ( Sadar) told on Monday. ) of the Mexican government.

These revenues also maintain an “upward trend” seen since 2009, according to information from the Agrifood and Fisheries Information Service (SIAP).

Furthermore, during the first five months of 2022, Mexico’s agri-food trade balance recorded a surplus of $4,644 million, meaning an increase of 7.06% compared to the same period in 2021.

This resulted in exports totaling $17,100 million for agri-food imports between January and May this year.

La Cedar also reported that 56% of foreign agri-food trade was from Mexico to its main trading partners: the United States and Canada.

The Mexican agricultural unit indicated that, based on data from the Bank of Mexico (Banxico), the agriculture and fisheries balance presented a positive balance of $1,526 million with exports of $9,968 million and foreign purchases of $8,442 million. Dollar.

For his part, he pointed out that the agro-industrial balance had a trade surplus of $3,118 million, with sales of $11,776 million recorded and imports of $8,658 million.

The main exports, according to Sadar, were beverages, fruits and vegetables, accounting for 61 per cent of total foreign trade in the first five months of 2022.

Some food products such as wheat and meslin increased their sales overseas by up to 126%, compared with 71% in frozen beef, 68% in non-roasted or decaffeinated coffee, 50% in tequila and mezcal, 43% in sugar and Dried citrus grew. at 44%, among others.

The Mexican agency also reported that the Mexican agri-food product with the highest export value between January and May was beer, with $2,355 million; Tequila and Mezcal, with $1,722 million; Avocado, with $1,562 million; While Fresh Tomatoes and Fresh Strawberries and Raspberries were positioned with $1,123 million.

Similarly, Sadar elaborated that 57% of national imports were concentrated in four groups: cereals (22%); oilseeds and fruits (15%); Meat, (13%), and dairy products, eggs and honey (7%).

(c) EFE Agency

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