The United States enjoys a commanding market share for several sub-sectors. Mexico is the top destination for U.S. agricultural exports of corn, dairy products, poultry meat (excluding eggs), sugar and sweeteners, milled grains, and distiller’s grains.
| Top 10 U.S. Agricultural Exports to Mexico (values in million USD) | ||
|---|---|---|
| Commodity | 2015 | 2019 |
| Corn | 2,302 | 2,719 |
| Soybeans | 1,432 | 1,867 |
| Dairy Products | 1,280 | 1,546 |
What does the US export to Mexico?
Following are the most important exports from the US to Mexico. Agricultural Products $18 Billion (Corn, soybeans, dairy products, pork, beef, apples, malt, margarine)
What are the main agricultural products of Mexico?
Other relevant exports of agricultural products were strawberry and raspberry ($ 2.46 billion), Tomato ($ 2.169 billion), alcoholic beverages over 80 degrees (tequila and mezcal, mainly, $ 2.044 million), and products of bakery (1,905 million).
Which countries are Mexico’s top agricultural trading partners?
Even after taking into account the effects of the COVID-19 pandemic in 2020, the United States maintained its number one position in Mexico´s agricultural imports with nearly 70 percent market share. The United States remains Mexico’s principal agricultural trading partner, receiving USD 33 billion of Mexico’s total agricultural exports.
What does open trade with Mexico mean for US agriculture?
Open trade with Mexico provides opportunities for cross-border collaboration between businesses, and as a result, United States and Mexico bilateral agricultural trade totaled $45 billion in 2018.
What is Mexico's food processing industry?
What is the economy of Mexico?
How much will Mexico's food industry grow in 2024?
What is the second largest export market for agricultural products?
Is Mexico a growing market?
Does Mexico have livestock?
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What are the top three US agricultural exports to Mexico?
1 for corn, dairy, soybean meal, poultry, and turkey; o No. 2 for soybeans, pork, processed foods, wheat, barley, and DDG; o No. 3 for total ag exports, beef, oats; and o No. 4 for feed.
What products does US export to Mexico?
Top 10 U.S. Agricultural Exports to MexicoTop 10 U.S. Agricultural Exports to Mexico (values in million USD)Commodity20172020Dairy Products1,2931,401Pork & Pork Products1,5141,153Poultry Meat & Products*9339839 more rows
What agricultural products does Mexico import?
Mexico imports significant volumes of grains, especially corn, wheat and soy from the United States, meat (beef, pork), processed foods, carbonated beverages and various types of dairy. The fresh fruit and vegetables imports are also dominated by North American companies.
What does the US supply to Mexico?
In 2020, Mexico was the second-largest supplier of foreign crude oil to the United States, as well as the largest export market for U.S. refined petroleum products and U.S. natural gas. Other top U.S. exports to Mexico include machinery, electrical machinery, vehicles, mineral fuels, and plastics.
What food does Mexico import?
Mexico remains the leading foreign source and year-round supplier of fresh bell peppers, cucumbers, squash, and snap beans and accounts for about 80 percent import volume during 2018-20 for all four commodities.
What resources does Mexico import?
Commodity ImportsRefined petroleum – $31.3 billion.Petroleum gas – $7.06 billion.Corn – $3.1 billion.Raw aluminum – $2.28 billion.Soybeans – $1.94 billion.
What does Mexico import the most?
Mexico's Top 10 ImportsElectrical machinery, equipment: US$82.9 billion (21.6% of total imports)Machinery including computers: $65.9 billion (17.2%)Vehicles: $32.1 billion (8.4%)Mineral fuels including oil: $25.1 billion (6.6%)Plastics, plastic articles: $21.9 billion (5.7%)More items...•
What agricultural products does Mexico export?
Mexico is the top destination for U.S. agricultural exports of corn, dairy products, poultry meat (excluding eggs), sugar and sweeteners, milled grains, and distiller's grains .
What are the main agricultural exports of Mexico?
Mexico's agri-food exports top $20 billion in first half of 2020Avocados, $1.8 billion.Tomatoes, $1.4 billion.Tequila and mezcal, $1.04 billion.Sugar and sweeteners, $949 million.Peppers and chiles, $873 million.
What is Mexico's agriculture?
The growing of crops is the most important aspect of Mexico's agriculture, accounting for fifty percent of agricultural output. Main crops include corn, sugarcane, sorghum, wheat, tomatoes, bananas, chili peppers, oranges, lemons, limes, mangos, other tropical fruits, beans, barley, avocados, blue agave and coffee.
Does Mexico rely on agriculture?
Mexico is a major participant in international agricultural trade. In 2020, Mexico's agricultural exports (to all countries) totaled about $40.3 billion (applying the World Trade Organization's definition of agricultural trade to the Mexican Government's trade statistics).
What vegetables does Mexico export to the US?
Mexico exports a wide variety of prod- ucts, led by tomatoes, peppers, asparagus, onions, and cucumbers. In particular, Mexico is an important source of winter vegetables for the United States. Canada's principal fresh vegetable exports are tomatoes, potatoes, and peppers.
What does Mexico import the most?
Mexico's Top 10 ImportsElectrical machinery, equipment: US$82.9 billion (21.6% of total imports)Machinery including computers: $65.9 billion (17.2%)Vehicles: $32.1 billion (8.4%)Mineral fuels including oil: $25.1 billion (6.6%)Plastics, plastic articles: $21.9 billion (5.7%)More items...•
What are the major exports in Mexico?
ExportsOil. One of the major destinations for Mexican oil is the United States, accounting for 48% of the oil produced in by the nation. ... Vehicles. Exportation of cars in Mexico has gone up with the industry accounting for 11% of all of Mexico's exports. ... Minerals. ... Corn. ... Electrical machinery. ... Refined oil. ... Medical equipment.
What US products are made in Mexico?
Here is a quick look at the 10 most common products imported from Mexico.Vehicles. Did you know that Mexico produces 16 out of every 100 cars sold in the United States? ... Auto Parts and Equipment. ... Electronics and Appliances. ... Crude Petroleum. ... Medical Instruments. ... Beer. ... Plastic items. ... Gems & precious metals.More items...
What are the top 3 exports and top 3 imports of the United States?
What are the U.S. Imports and Exports?Machinery (including computers and hardware) – $213.1 billion.Minerals, fuels, and oil – $189.9 billion.Electrical machinery and equipment – $176.1 billion.Aircraft and spacecraft – $139.1 billion.Vehicles and automobiles – $130.6 billion.More items...•
What is Mexico's food processing industry?
Mexico’s food processing sector is a strong market for U.S. sweeteners, fats and oils, and other food processing inputs. Overall U.S. exports of intermediate products to Mexico totaled more than $3.9 billion in 2018.
What is the economy of Mexico?
Mexico’s economy is the world’s 11th largest with a gross domestic product of nearly $2.5 trillion in 2018, on a purchasing power parity basis. Middle- and high-income households in Mexico are expected to grow from 30 percent of all households in 2018 to over 40 percent of all households by 2025 1 .
How much will Mexico's food industry grow in 2024?
Retail food sales in Mexico were valued at $159 billion in 2018 and the sector is projected to grow by 32 percent to over $200 billion by 2024, according to IHS Markit data.
What is the second largest export market for agricultural products?
Printer-friendly PDF. Mexico is the second-largest export market of agricultural products from the United States. Over the last decade, U.S. agricultural exports to Mexico grew 48 percent from $12.9 billion to $19.1 billion in 2018.
Is Mexico a growing market?
Growth Opportunities. Mexico will remain an important and growing export market for U.S. agricultural products as its economy and middle class develops and expands. U.S. exports of prepared grocery foods grew by nearly $100 million over the last 5 years.
Does Mexico have livestock?
Mexico also has a strong livestock sector, which depend s on U.S. feed grains and oilseed s imports. Overall U.S. bulk commodity exports to Mexico totaled $6.6 billion in 2018, with Mexico the top market for U.S. corn shipments.
What is Mexico's agriculture?
Mexico is a world leader in protected culture farming, using greenhouses and other structures to protect plants from weather and pests. Many of the tomatoes and other vegetables that Mexico exports to the US are grown in protected culture structures, where yields are much higher than in open fields and there are fewer insect and weed pressures.
Why is Mexico exporting more fruits and vegetables to the US?
Image Credit. One reason Mexico is exporting more fruits and vegetables to the US is that production in Mexico increased. Mexico’s production of vegetables rose almost 60 percent over the past decade, led by 13 percent more tomatoes and nine percent more green peppers.
What are the advantages of Mexico?
Mexico’s major comparative advantage remains climate, the ability to produce fresh fruits and vegetables when US farmers except in Florida are not producing. Commodities such as avocados are produced year round, and protective culture is allowing Mexican farmers to extend their production and export seasons.
How much of Mexico's avocados are exported?
On the other hand, a rising share of the avocados produced in Mexico are exported, about 44 percent of total production in recent years. Similarly, Mexico exports less than half of the tomatoes it produces to the US.
How many tons of tomatoes are grown in Mexico?
Sinaloa produces almost 30 percent of Mexico’s average 3.5 million tons of tomatoes each year but, because Sinaloa tomatoes are grown both in open fields and under protected culture, average yields of 70 tons a hectare are less than in Puebla and San Luis Potosi, where a higher share of tomatoes are grown under protected culture.
Where do tomatoes come from in Mexico?
Sinaloa produces 30 percent of Mexico’s tomatoes, but yields are highest in the protected culture of Puebla. Most of the imported tomatoes grown in greenhouses are from Mexico, supplemented by greenhouse tomatoes from Canada.
How much is the US trade deficit with Mexico?
Mexico-US trade totaled $671 billion in 2019, when the US exported goods and services worth $299 billion to Mexico and imported goods and services worth $372 billion from Mexico, that is, the US trade deficit with Mexico was $73 billion.
How many tons of soybeans will be exported in 2021?
WASHINGTON, July 9, 2021—Private exporters reported to the U.S. Department of Agriculture export sales of 228,600 metric tons of soybeans for delivery to Mexico during the 2021/2022 marketing year. The marketing year for soybeans began Sept. 1. USDA...
Which countries have eliminated tariffs and quantitative restrictions on agricultural goods?
Mexico. Under the North American Free Trade Agreement (NAFTA), Mexico and the United States eliminated all tariffs and quantitative restrictions on agricultural goods and strengthened scientific ties to eradicate diseases and pests, conduct research, and enhance conservation.
What is the USMCA?
The U.S.-Mexico-Canada Agreement (USMCA), which entered into force in 2020, further strengthens the United States’ highly productive and integrated agricultural relationship with Mexico and creates new export opportunities for U.S. agriculture.
How much food did the US export to Mexico in 2018?
U.S. processed food exports to Mexico for 2018 totaled USD 8.9 billion representing an increase of 3.6 percent from exports in 2017. While Mexico remains a growth market for U.S. processing ingredients, the processing industry itself in Mexico remains stable with low growth as it is large and well established.
What is the top export destination for corn, wheat, and rice?
Mexico was the top export destination for corn, wheat, and rice by volume in 2018. Grains imports in Mexico continue steady growth trends, with expansion in the animal feed sector driving growth for feed grains (particularly corn) rather than for food grains.
How does the Mexican dairy industry work?
The Mexican dairy industry is working in changing consumer perception of dairy products by the domestic consumption dairy products rather than just fluid milk. This effort is set not only in advertising campaigns but also in development and innovation of new dairy products appealing to different sectors of the society.
Where are soybeans grown?
Soybeans are generally imported and crushed in Mexico for use as edible oil for human consumption and soy meal for livestock feed. We expect growth of approximately three percent in the oilseed meal and oils sectors over the coming year, driven by strong meal demand from the poultry and livestock sectors.
Where do pears come from?
The domestic supply of pears is supported by imports, primarily from the United States. Wholesale markets remain the most important fruit distribution channel for U.S. pears. Mexico is an important market for grapes from the United States as well as Chile and Peru.
Is Mexico the number one consumer of eggs?
Mexico is currently the number one consumer of eggs in the world. Most of imports in poultry sectors continue to originate from the United States, while exports by Mexico are limited. A tariff quota for chicken meat has allowed Brazil to export mainly breasts and wings to Mexico.
Is chicken a domestic animal in Mexico?
Mexico closed 2018 with a steady growth of the poultry and egg production. Chicken is still the preferred animal protein for domestic consumption due to its lower price and versatility in the Mexican kitchen. Mexico is currently the number one consumer of eggs in the world.
Mexico Trade
Mexico is a major participant in international agricultural trade. In 2020, Mexico’s agricultural exports (to all countries) totaled about $40.3 billion (applying the World Trade Organization’s definition of agricultural trade to the Mexican Government’s trade statistics).
Mexico Foreign Direct Investment
Mexico is the fifth-largest destination for U.S. direct investment in the food industry (after the European Union, United Kingdom, Canada, and Australia) and has also attracted U.S. direct investment in its beverage industry.
What are the most important exports from the US to Mexico?
Following are the most important exports from the US to Mexico. Agricultural Products $18 Billion (Corn, soybeans, dairy products, pork, beef, apples, malt, margarine)
What was the US trade deficit with Mexico in 2015?
The U.S. goods trade deficit with Mexico was $58 billion in 2015. The US is Mexico’s largest supplier. Of all Mexico imports, 46% are from the United States. Mexico was the United States’ 2nd largest goods export market in 2016. Following are the most important exports from the US to Mexico.
What is Mexico's food processing industry?
Mexico’s food processing sector is a strong market for U.S. sweeteners, fats and oils, and other food processing inputs. Overall U.S. exports of intermediate products to Mexico totaled more than $3.9 billion in 2018.
What is the economy of Mexico?
Mexico’s economy is the world’s 11th largest with a gross domestic product of nearly $2.5 trillion in 2018, on a purchasing power parity basis. Middle- and high-income households in Mexico are expected to grow from 30 percent of all households in 2018 to over 40 percent of all households by 2025 1 .
How much will Mexico's food industry grow in 2024?
Retail food sales in Mexico were valued at $159 billion in 2018 and the sector is projected to grow by 32 percent to over $200 billion by 2024, according to IHS Markit data.
What is the second largest export market for agricultural products?
Printer-friendly PDF. Mexico is the second-largest export market of agricultural products from the United States. Over the last decade, U.S. agricultural exports to Mexico grew 48 percent from $12.9 billion to $19.1 billion in 2018.
Is Mexico a growing market?
Growth Opportunities. Mexico will remain an important and growing export market for U.S. agricultural products as its economy and middle class develops and expands. U.S. exports of prepared grocery foods grew by nearly $100 million over the last 5 years.
Does Mexico have livestock?
Mexico also has a strong livestock sector, which depend s on U.S. feed grains and oilseed s imports. Overall U.S. bulk commodity exports to Mexico totaled $6.6 billion in 2018, with Mexico the top market for U.S. corn shipments.