The currency exchange gained as a consequence of Brexit, will further boost sales.
Exports of Mexican agri-food products keep on breaking records, partly benefited by the price of the dollar.
Analysts estimate that the strength this currency gained as a consequence of Brexit, will further boost sales.
Experts affirm that conditions (demand and currency exchange) are optimal to achieve foreign sales worth nearly $30 billion, which is $5 billion more than 2015 records.
According to Mexico's Geography and Statistics Institute (INEGI), the value of agri-food product exports added up to $6.7 billion from January to May, 10.6% more than the same period in 2015.
Juan Carlos Anaya, Director of the Agricultural Market Consulting Group (GCMA), stated that, if this rhythm is kept up, exports valued at $30 billion might be accomplished, with a US$3 billion commercial surplus.
You might also be interested in:
The Covid crisis has had a major impact on global business – including of course the businesses that directly serve patients; pharmaceuticals and healthcare. So are the changes here to stay?
The past few months have seen the world thrown into turmoil; as one popular meme puts it, we’re all awaiting a return to “precedented” times. But we all know that won’t happen.