Mexico's agri-food trade balance reaches a surplus of 4,857 million dollars in the first six months of the year

Published 2021년 8월 17일

Tridge summary

Mexico's agricultural and agro-industrial trade balance saw a positive surplus of $4.857 million in the first half of 2021, marking the third largest surplus in 27 years. This was attributed to exports valued at $22.588 billion and imports at $17.731 billion. The country experienced significant growth in exports and imports, with demand for products like natural honey, flowers, citrus, tobacco, peanuts, and fresh fish, as well as agro-industrial products such as meat and poultry offal, soybean oil, and tequila and mezcal. The first half of 2021 also saw record-breaking values in agri-food sales, surpassing the revenue from oil products and foreign tourism.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

AGRICULTURE PRESS RELEASE (SADER). It is the third largest positive balance in 27 years, derived from 22 thousand 588 million dollars of agricultural and agro-industrial exports and 17 thousand 731 million dollars of imports, according to figures from the Bank of Mexico. The agricultural and fishing products with the highest demand abroad were natural honey, whose exports grew 92.95 percent; followed by flowers, with 85.84 percent; citrus, with 61.10 percent; tobacco, 49.42 percent; peanuts, 49.26 percent, and fresh or chilled fish, except fillet, with 46.25 percent. In terms of value, the products with the highest demand abroad were beer, with 2,668 million dollars; avocado, 1,526 million dollars, tequila and mezcal, 1,448 million dollars, and tomato, 1,199 million dollars. The country's agri-food trade balance (agricultural and agroindustrial balance) reached a surplus of 4.857 million dollars in the period January to June of this year, reported the Ministry of Agriculture and ...

Source: Inforural