Which specific factors have contributed to the resilience of Mexico’s agriculture sector?
Which specific factors have contributed to the resilience of Mexico’s agriculture sector?
The Mexican agriculture for export segment closed 2016 with a rare trade surplus and with exports up 13.7% for a value of $14.74bn. This meant it surpassed both tourism and oil as a source of foreign revenues and also overtook Canada to become the top exporter of agricultural goods to the US. A range of products from raspberries to pork showed...
Following 10 years of growth roughly on par with that of the overall economy, Mexico’s agriculture sector outstripped GDP growth by 1.2 percentage points in 2016 and registered a trade surplus for the second year running. As a share of GDP it declined only slightly over 2006-15 from 3.2% to 3%, and then grew in 2016 by 3.5% compared to...
Following 10 years of growth roughly on par with that of the overall economy, Mexico’s agriculture sector outstripped GDP growth by 1.2 percentage points in 2016 and registered a trade surplus for the second year running. Given the uncertainty over future US trade policy, there has rarely been a more urgent or ripe time to address the needs of Mexico’s agriculture industry. In the short term,...
At a time when a number of major Latin American economies, including Brazil and Venezuela, are heading toward recession, Mexico’s economy stands out in the region for its resilience. Projections for 2017 are couched in more uncertainty than is usual, however, in light of the lack of clarity over and the potential impact of policy changes in the US during the first year in office for US President Donald Trump.
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