Jumpstart Your Product Export Sales to Mexico
Mexico continues to be a strong and consistent market, representing one of the largest consumer markets in the world for U.S. agriculture products. With the geographical advantage of a long land border and a Free Trade Agreement that has eliminated duties on all agricultural and food products, Mexico is a natural market for U.S. exporters.
The U.S. has a number of distinct advantages when it comes to exporting food products to Mexico. They are highly integrated economies and Mexican importers are familiar with U.S. business practices. Additionally, Mexican consumers recognize U.S. brands and labels and associate them with consistent quality and high value.
The U.S. is Mexico’s most important trading partner, and U.S.-based companies account for more than half of Mexico’s foreign investment. The U.S. is also the source of close to half of Mexican imports and the destination for over two-thirds of the country’s exports.
In the last 25 years, the U.S. has quintupled the number of agricultural products exported to Mexico, making it the second largest export market for the U.S. In the last five years there has been an average export growth of 22% and in 2022, the USA exported $29 billion, the highest amount since the USMCA (former NAFTA).
U.S. Food & Agricultural Product Imports to Mexico, by the numbers:
• U.S. Consumer-Oriented Foods – US$11.4 billion (2022)
• U.S. Processed Foods – US$5.2 billion (2022)
• U.S. Bulk Foods – US$11.2 billion (2022)
