Mexico: Fresh Deciduous Fruit Annual
The United States remains the major supplier of deciduous fruits to Mexico. However, due to the depreciation of the peso against the dollar and the uncertainties this creates in the market, Mexican traders are being more cautious in importing fruit. Additionally, apple imports from the United States are expected to be lower due to the 20 percent retaliatory import duty imposed in June 2018 in response to U.S. aluminum and steel tariffs. According to traders, this tariff is creating a cash flow problem –as the duty must be paid in full before sale- that could stop some importers from purchasing apples.
Mexico: Fresh Deciduous Fruit Annual