Agricultural and food exports from Mexico grow 7.87%

The Secretariat of Agriculture and Rural Development reported that at the end of the first quarter of the year, Mexico's agri-food exports exceeded 10.39 billion dollars, representing an annual increase of 7.87 percent, compared to the same period in 2019.

Mexico's agri-food exports grow 7.87%.
Mexico's agri-food exports grow 7.87%.

During the reference period, the agri-food trade balance presented a surplus of 3,293 billion dollars, a figure 280 million dollars higher than that recorded during the same period last year, representing an advance of 9.3 percent.

Agro-food exports are mainly integrated by the vegetable groups, with a 27 percent share; fruits, 20 percent, and beverages, 18 percent; items that concentrate more than 60 percent of international sales of this economic sector.

Between January and March of this year, sales of agro-industrial products abroad reported a growth of 5.38 percent to close at four thousand 918 million dollars, with a surplus of one thousand 045 million dollars.

Regarding agricultural goods, exports of these products made by Mexico increased by 10.2 percent, compared to the same period last year, for a total of five thousand 472 million dollars, with a surplus balance of two thousand 248 million dollars.

From 2018 to 2020, agricultural and fisheries exports had a comparative increase of 11.5 percent, from 4.908 billion dollars to 5.472 billion dollars, representing an increase of 564 million dollars, one of the highest in the last five years.

At a monthly level, the increase in agricultural sales -in relation to the third month of the year- was 22.3 percent.

By Mexicanist