Mexico's agri-food trade balance reached a surplus of USD 4.23 billion during 2021

Published 2021년 7월 20일

Tridge summary

Mexico's agri-food trade balance reached a surplus of USD 4.23 billion from January to May 2021, marking the fourth highest positive balance in 27 years. The country's agricultural and agro-industrial exports reached USD 18,718 million, while imports were USD 14,487 million, resulting in the highest value of agri-food exports in the last 29 years. The primary products balance had a surplus of USD 1,816 million, and the agro-industrial balance had a surplus of USD 2,414 million. The main export groups were vegetables, beverages, and fruits.

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Original content

The Secretariat of Agriculture and Rural Development of Mexico (Sader) pointed out that the country's agri-food trade balance reached a surplus of USD 4.23 billion in the period January to May 2021. Sader highlighted in a statement that "this is the fourth highest positive balance in 27 years, USD 18,718 million in agricultural and agro-industrial exports and USD 14,487 million in imports." Likewise, as of May 2021, the value of Mexico's agri-food exports is the highest reported in the last 29 years, explained the entity, based on figures from the Bank of Mexico. According to these data, Mexico's total agri-food trade with its commercial partners reached USD 33,205 million in the first five months of the year. The institution detailed that, in said period, the agricultural and fishing balance (primary products) registered a positive balance of USD 1,816 million, with exports for USD 9,040 million and imports for USD 7,224 million. Only in May, agricultural and fishing exports grew ...

Source: ClPortalFrutiCola