In the News | 2 min read

Mexican Agro-exports Achieve Record Value in 2022

Miguel Miranda
March 20, 2023
Mexican Agro-exports Achieve Record Value in 2022

According to the Secretariat of Agriculture and Rural Development (SADER), Mexican agro-exports achieved a record value of $50.13 billion in 2022. This represents year-over-year growth of 12.9%, compared to 2021’s export market value of $44.69 billion.

SADER data shows that for the year, Mexico’s total value of agri-food trade, considering both the domestic and export markets, was $94.46 billion, with 53% of this amount due to exports.

Furthermore, data from the Agricultural and Fisheries Information Service (SIAP) shows that this increase in Mexican agro-exports was the 5th largest recorded in the last 28 years and the 8th consecutive year of growth.

The most valuable fresh produce exports were avocados, tomatoes, strawberries and raspberries, with avocados being the 3rd highest-grossing agri-food product in the country with a total market value of $3.55 billion.

Mexico is the world’s leading exporter of avocados and tomatoes. The value of these two industries to the national economy has only grown as their export volume has steadily increased.

The recent addition of Jalisco as an avocado exporter to the United States represents an additional growth opportunity for the industry.

Meanwhile, the berry market is not far behind. Mexico is the 2nd largest exporter of strawberries in the world. During the first quarter of 2022, the export value of berries exceeded that of beer, tequila and avocado.

The growing global demand for healthy products, such as avocados and tomatoes, is creating business opportunities for Mexican and South American agro-exporters to sell to markets such as the United States and Europe.

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Source: SADER

Miguel Miranda
March 20, 2023

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