Mexico's agri-food production grew by 1.6% in value in 2023

Published Jun 15, 2024

Tridge summary

In 2023, Mexico's agricultural, livestock, and fishing production had an economic value of 83,721 million dollars, marking a 1.6% increase from the previous year. Despite drought conditions, the country produced 299 million tons of food, with marginal decreases in agricultural production and marginal increases in livestock production. Dairy, poultry, and egg production saw favorable conditions, leading to increases. The fishing sector, however, saw a 0.7% decrease, with aquaculture of shrimp and mojarra contributing significantly to the production. For 2024, a decrease of 1.9% in agricultural and fishing production is expected due to adverse climatic conditions.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Mexico City, June 14 (EFE).- The economic value of agricultural, livestock and fishing production in Mexico in 2023 totaled 83,721 million dollars (78,165 million euros), that is, 1.6% more than the figure from the previous year, which was 82,392 million dollars (76,900 million euros), the Secretariat (Ministry) of Agriculture and Rural Development (Sader) reported this Friday. In the document 'Agri-Food Expectations 2024', from the Agri-Food and Fisheries Information Service (SIAP), Sader detailed that last year's production totaled 299 million tons, a volume practically similar to that of 2022, in a scenario characterized "by conditions of drought in almost the entire Mexican territory. During 2023, Mexico reported food production of 299 million tons, a "marginal decrease" of 0.3% of the generation recorded in 2022. In a statement, Sader highlighted that in 2023 "there were fewer planted areas, in addition to higher accident rates and little rain," so it is estimated that ...
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