Mexico imposes a 156% tax on imported sugar.

Accordingly, the new tax rate of 156% per kg is applied to all types of sugar, including beet sugar and syrup. Liquid refined sugar will be subject to a tax of 210.44%, according to the decree signed by President Claudia Sheinbaum and published in the Official Gazette on Monday evening (10/11). Previously, imported sugar into Mexico was only subject to a tax of 360 - 390 USD/ton. Normally, Mexico is not a country that imports sugar, however, in the recent three production periods, the amount of imported sugar has increased sharply due to adverse weather conditions causing a reduction in domestic production, while exports to the U.S. have declined. According to Carlos Blackaller, President of the Mexican Sugar Producers' Association, the new tariff helps strengthen the protection of domestic products. This tax rate will help maintain domestic sugar prices slightly higher in the 2025/26 season, which has just begun, and almost completely eliminate the possibility of sugar imports ...