Mexican field exports are growing

Mexico’s agricultural exports (agriculture and cattle rising, mainly) showed a growth of 6.8 percent in 2015, according to the latest report of this indicator by the National Institute of Statistics and Geography (INEGI). Accumulated in the reporting period, a value of commodity exports by a total of $ 11, 824 million dollars is presented. In this area, Michoacan has extensive involvement with leading products such as strawberries and avocado, mango and lemon.

On a monthly basis, during November 2015 thousand agricultural sales reached $ 120 million dollars, which is 1.5 percent higher compared with the same month last year. The products that grew the most in terms of exports in the eleventh month of the year were: onions and garlic, 47.4 percent; frozen shrimp, 34.6 percent; citrus, 23.8 percent; edible fruits and nuts, 22.1 percent; avocados, 8.1 percent, and tomatoes, 7.2 percent. This as a result of the policy of openness and consolidation of markets for agricultural products of Mexico worldwide, among other factors. It is recalled that in regard to food exports (including agricultural and agro-industrial) for October totaled 22 thousand 332 million dollars, an increase of 4.7 percent compared with the same period last year.

At the same month, the food trade balance showed a surplus for Mexico of $ 802.6 million dollars; as regards agricultural products, the balance is positive in $1, 214 million dollars…

Source: MéxicoXport