Mexico: Food Service - Hotel Restaurant Institutional
Link to report:
In 2021, exports of U.S. agricultural and related products to Mexico totaled $25.5 billion. In spite of the ongoing COVID-19 pandemic and logistical challenges, Mexico remained one of the most consistent markets for U.S. food and agricultural exports, especially for foodservice products. Mexico continued to maintain its open-door policy and welcomed 31.8 million international tourists in 2021, which boosted its hotel, restaurant and institutional (HRI) industries following a sharp decline in 2020. The HRI sectors also benefitted in 2021 due to widespread COVID vaccinations, fewer mobility restrictions, and evolving COVID-related sectoral adaptations like flexible operating hours, delivery-only restaurants (dark kitchens), and menu changes. Mexico’s HRI sectors are rapidly recovering and will achieve pre-pandemic levels of growth soon.
