On the finish of 2023, Mexico’s agri-food exports broke a brand new report, totaling USD 51,874 million, an build up of three.9% in comparison to 2022, whilst imports fell 0.07%, consistent with the Ministry of Agriculture and Rural Building.
Overseas gross sales of Mexican meals exceeded USD 50 billion for the primary time, which contributes to financial dynamics, activity advent, and foreign currency income with out neglecting the home provide.
This determine was once pushed via the paintings of the manufacturing business and price chains and the strengthen of public items such because the Nationwide Carrier for Agri-Meals Well being, Protection and High quality (Senasica) and industry methods carried out via the Ministry of Agriculture to hunt new markets for home manufacturers.
Within the initial effects offered via the Ministry, according to knowledge from the Financial institution of Mexico, the rustic’s international agrifood industry in 2023 totaled USD 96,171 million, the place 54% corresponded to nationwide exports.
Agricultural and agro-industrial imports, totaling USD 44,297 million, confirmed a lower of -0.07% in comparison to the similar length of the former yr.
The cattle and fishing industry stability in 2023 higher in exports, totaling USD 21,784 million, and a discount in imports, which totaled USD 21,119 million, led to a good industry stability of USD 665 million.
February 11, 2024/ Ministry of Agriculture and Rural Building/ Mexico.
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