Mexico
U.S. Trade with Mexico in 2023
Export Market Rank
#3 Among U.S. Agricultural Export Markets
Total Export Value
$28.38 Billion
3-Year Average
$27.43 Billion
Compound Average Growth
3.8% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Mexico in 2023
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Corn | $5.39 Billion | 18.62 Million | $3.32 Billion | 139% |
| Soybeans | $2.79 Billion | 4.77 Million | $2.09 Billion | 54% |
| Pork & Pork Products | $2.35 Billion | 1.1 Million | $1.55 Billion | 51% |
| Dairy Products | $2.32 Billion | 720,768 | $1.62 Billion | 42% |
| Poultry Meat & Prods. (excl. eggs) | $1.26 Billion | 878,210 | $1.1 Billion | -1% |
| Beef & Beef Products | $1.19 Billion | 210,521 | $1.04 Billion | 2% |
| Wheat | $1.08 Billion | 3.1 Million | $918.09 Million | 26% |
| Sugar | $921.34 Million | 1.52 Million | $654.56 Million | 46% |
| Food Preparations | $909.34 Million | 170,747 | $634.83 Million | 79% |
| Soybean Meal | $824.1 Million | 1.6 Million | $752.72 Million | -3% |
Resources
Exporting
- Exporter Guide (2023)
- Exporting to Mexico - Managing Issues at the Border
- Food and Agricultural Import Regulations and Standards Country Report
- Food and Agricultural Import Regulations and Standards Export Certificate Report
- Food Processing Ingredients
- Food Service - Hotel Restaurant Institutional
- Retail Foods
Data and Analysis
On April 17, 2024, the Government of Mexico published a law in the Official Gazette to establish mandatory warning labeling for products containing genetically engineered ingredients and to enshrine socioeconomic considerations into national food policy.
Post forecasts Mexico’s sugar production at 5.5 million metric tons raw value (MMT-RV) for marketing year (MY) 2024/25 (October 1 – September 30), 13 percent higher than the estimate for MY 2023/24.
Mexico’s oilseed crush in marketing year (MY) 2024/25 is forecast to increase due to higher vegetable oil and animal feed demand. Forecast economic growth and lower interest rates are expected to drive production of oil and meal and increase Mexico’s soybean and rapeseed imports by four percent and seventeen percent, respectively.
News and Features
Private exporters reported the following sales activity: 216,500 MT of corn to Mexico - 23,000 MT in MY 2023/2024 and 193,500 MT in MY 2024/2025 - and 121,500 MT of soybeans to Mexico - 13,500 MT in MY 2023/2024 and 108,000 MT in MY 2024/2025. Test URL: https://www.freshproduce.com/events/the-global-produce-and-floral-show/
Private exporters reported sales of 165,000 MT of corn for delivery to Mexico - 135,000 MT is for delivery during MY 2023/2024 and 30,000 MT is for delivery during MY 2024/2025.
Private exporters reported sales of 152,404 MT of soybeans for delivery to Mexico during MY 2023/2024.