Mexico-U.S. agricultural trade surpassed US $73 billion in 2022

United States citizens consumed large amounts of Mexican alcohol and avocados last year, while Mexicans ate large amounts of U.S. corn and pork.

Mexico-U.S. agricultural trade surpassed US $73 billion in 2022

United States citizens consumed large amounts of Mexican alcohol and avocados last year, while Mexicans ate large amounts of U.S. corn and pork. The United States Census Bureau released data showing the two-way agricultural trade between Mexico and the U.S. In 2022. The data provided totaled just under $73.14 billion, an increase of 13% compared to 2021.

Mexico exported large amounts of corn in 2022

Top 10 exports to mexico in 2022: corn, soybeans, dairy products, pork, wheat, poultry meat, forest products, beef, soybean meal, and food preparations.

The United States Census Bureau confirmed the value of Mexico’s agricultural exports to the United States increased 14% in 2022, setting a record high of $44.2 billion. Mexico’s Ministry of Agriculture and Rural Development (SADER) stated that the 2022 trade balance between the two countries was the best they’ve had in five years. The trade balance increased from just under $50.78 billion in 2019 to $73.14 billion, a 44% growth increase.

SADER pointed out that Mexican beer was the largest earner in 2022, with tequila coming in a close second.

Top exports from the U.S. to Mexico in 2022 included corn, soybeans, dairy products, pork, and wheat. The U.S. Department of Agriculture stated that the American agricultural sector reached its best export year ever in 2022.

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