News

Mexican agriculture spins 11 years of export increases and achieves a record

Mexico
Published Feb 5, 2021

Tridge summary

Mexican exports of agricultural products totaled 18.683 million dollars in 2020, accumulating 11 years of continuous year-on-year growth, according to data from the Bank of Mexico. This was the only one of the large items that grew in the divisions to classify Mexican exports last year.

Original content

In particular, the volume of fruit exports increased 2.8% year-on-year in 2020, not so its commercial value, which decreased by 2.6%, according to a report by the Consultative Group of Agricultural Markets (GCMA), prepared with data from the Ministry of Farming. Among the most successful fruit products, there was an increase in the value of the following: grapefruit (19.1%), berries (18.4%), pineapple (12.7%), orange (11.7%), mango (5.6%), papaya ( 4.3%) and banana (1.0 percent). Since 1992, when it changed its communal property ejido system with restrictions on land transfers, Mexico has continued to modernize the land property system. These efforts have fostered increased agricultural investment by allowing landowners access to new sources of capital; transfer land to more efficient producers, subject to certain requirements, and make more efficient use of inputs. Increased productivity in the agricultural sector also creates employment opportunities for many agricultural ...
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