Mexico: Food Processing Ingredients
In 2018 Mexico represented the second largest export market for U.S. agricultural products, with U.S. food processing ingredient exports totaling U.S. $8.9 billion. With an increase of 3.6 percent from 2017, Mexico continues to be a growth market for U.S. food processing ingredients. However, as Mexico continues to seek diversification in agricultural trade, in recent years competition emerged from the European Union, South America, and Asia. Additionally, with President Andrés Manuel López Obrador (AMLO) taking office in December 2018, Mexico shifted its focus domestically, promoting programs and incentives to enhance both local production and consumption with a goal of becoming self-sufficient in core agricultural products, including processing ingredients.
Mexico: Food Processing Ingredients