Avocado shipments from Mexico to the U.S. continue to grow

Published 2023년 7월 3일

Tridge summary

Mexico dominates the global avocado export market, with a 47.5% share in 2022. However, the majority of Mexican avocado exports, 86.1%, go to the United States. This increasing focus on the US market has led to a decrease in geographic diversification, with other destinations accounting for significantly smaller shares of Mexican avocado exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Mexico participates with almost half of the world’s avocado exports, reaching a record of 3.495 billion dollars in 2022, but that success is tasted proportionally more and more in the U.S. and less in the rest of the world, according to El Economista.Of all overseas shipments of Mexican avocados in the past year, 86.1 percent went to the U.S. market, in value terms, a share that exceeded the previous all-time high of 80.2 percent in 2014.The growing avocado exports from Mexico are based on purchases by American consumers, but at the same time this explains the decreasing geographical diversification of Mexican external sales of this fruit.Of all world avocado exports in the past year, Mexico had a 47.5 percent share in 2022, with sales of $3.008 billion to the U.S.The market value of the other destinations for avocado exporters from Mexico is substantially lower: Canada ($287 million), Japan ($87 million), Spain ($41 million), El Salvador ($26 million), Honduras ($11 million), and ...

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