Corona beer leads Mexico’s $20 billion agri-food exports

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As the world contends with the coronavirus pandemic, Mexico’s agri-food exports have topped $20 billion (£15.1 billion) in the first half of 2020 – led by Corona beer!

Indeed, beer led all food and beverage exports from the country during the first half of year, ahead of avocados and tomatoes.

Mexican beer sales to international markets was more than $2 billion (£1.5 billion), while agri-food exports generally rose 4.26 per cent to $20.68 billion this year so far, according Mexico’s Ministry of Agriculture and Rural Development.

Mexico’s other top agri-food exports included avocados at $1.8 billion (£1.4 billion); tomatoes $1.4 billion (£1 billion); tequila and mezcal, $1.04 billion (£798 million); sugar and sweeteners, $949 million (£719 million); Peppers and chiles, $873 million (£662 million).

Wheat exports saw the biggest jump, increasing 116 per cent during the first six months of the year, compared to the same period last year.

It was followed by pork, 43 per cent; corn, 39 per cent; coffee, 22 per cent; and onion and garlic, 22 per cent.

Demand for avocados went up by 21 per cent, followed by tomatoes, 19 per cent; bakery products, 15 per cent; and tequila and mezcal, 16 per cent.

In monthly terms, agricultural exports registered an annual increase of 31.5 per cent during June, compared to the same time last year, with $1.8 billion in sales.

“This is the highest monthly increase so far this year, due to the export dynamics of the agricultural sector and the demand for Mexican products in international markets,” officials said.

Mexico exported $472.3 billion (£358 billion) worth of goods around the world in 2019.

The majority of Mexico’s exports are motor vehicles, auto parts, gasoline, computer chips, computers, liquefied natural gas, electrical machines and medical equipment.

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