86.1% of exports in value of Mexican avocado go to the United States

Published 2023년 6월 15일

Tridge summary

Mexico dominated the global avocado export market in 2022, accounting for 47.5% of total exports and generating a record revenue of US$3,495 million, primarily due to its strong presence in the US market. The US received 86.1% of Mexico's avocado exports, making it the dominant market and contributing to a decrease in export diversity. Other countries like Canada, Japan, Spain, El Salvador, and Honduras also imported Mexican avocados, but in much smaller quantities. Calavo Growers attributes the sustained growth in Mexican avocado exports to the rising trend of healthy eating in the US, highlighting the nutritional benefits of avocados.

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

Original content

(Agraria.pe) Mexico participates with almost half of the world's avocado exports, reaching a record of US$ 3,495 million in 2022, the role of the United States as an importer being increasingly important and less participation with the rest of the world . Of all shipments abroad of Mexican avocados last year, 86.1% went to the US market, in value terms, a share that exceeded the previous all-time high of 80.2% in 2014. Thus, the growing exports of avocado from Mexico are based on purchases by Americans, but at the same time this explains the decreasing geographical diversification of Mexican external sales of this fruit. Of all world avocado exports last year, Mexico had a 47.5% share in 2022, with sales of 3,008 million to the United States. The market value of the other destinations for avocado exporters from Mexico is substantially lower: Canada (US$287 million), Japan (US$87 million), Spain (US$41 million), El Salvador (US$26 million) , Honduras (US$11 million) and the rest of ...

Source: Agraria