Mexico-China agricultural trade, in spite of the United States
The Ministry of Agriculture and Rural Development (Sader) informed that the increase in banana production in Mexico, by 2.9 percent, allowed the country to consolidate sales of the tropical fruit to China, which began precisely in 2020.
Through a press release, the federal agency points out that the country has become the twelfth largest banana producer in the world and that China is now consolidating as a new market for the Mexican product. To this end, the authorities of both countries signed a phytosanitary protocol for banana exports from Mexico to China.
This, despite the commercial and economic disputes that China has with the United States, head of the commercial region of the North American Free Trade Agreement, now renamed T-mec (Mexico, United States, and Canada Treaty).
Sader informed that last year 2 million 469 thousand tons of bananas were produced throughout the country, thus increasing the presence of the Mexican crop in global markets, such as China.
Bananas are grown in 16 states in Mexico, but only three -Chiapas, Tabasco, and Veracruz- generate more than 60% of total national production, according to figures from the Agrifood and Fisheries Information Service (SIAP). Within the country, per capita consumption is 14.4 kilos per year.
According to Sader, 30 percent of Mexican production of the fruit is destined for 43 markets, mainly the United States, Japan, the United Kingdom, South Korea, Russia, Italy, and New Zealand. The value of exports at the end of 2020 stood at 274 million dollars.
China is now seen as a "potentially attractive market" for Mexican bananas, with a population of more than 1.3 billion people and an average per capita income of 8,000 dollars per year.