Mexico maintains a commercial surplus in cane sugar

Published 2023년 9월 20일

Tridge summary

The industry of cane sugar in Mexico reported a surplus balance and a new sales record from 2018 to 2022, with exports amounting to $609 million and imports totaling $4 million. The United States is the main destination for Mexican sugar exports, followed by Morocco and Canada. Mexico has increased its sugar export destinations from seven to 17 since 2021. Veracruz is the leading sugar producer in the country, followed by Jalisco and San Luis Potosí.
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Original content

2000Agro/Editorial The industry of cane sugar reported a surplus balance and a new record in the sales from 2018 to 2022, by exporting the equivalent of 609 million dollars and import four million dollars, reported the Ministry of Agriculture and Rural Development (Sader). The dependence federal detailed that the United States is the main destination for exports Mexicans, with 81.2 percent of the total participation and an average of growth of 12 percent. He pointed out that Morocco follows, with 8.6 percent and an average annual growth rate of 56.5 percent, and Canada, with 3.3 percent participation and a rate of growth of 273.8 percent. Since 2021, indicated, the number of destinations for the Mexican sweetener increased from seven to 17 and among them are Georgia, Hong Kong, Cameroon, Trinidad and Tobago, Puerto Rico, Colombia and Kazakhstan. La Sader He noted that from 2018 to 2022, an average of 5.9 million tons were produced of cane sugar. Sugarcane is the fruit with the ...
Source: MX2000

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