Meanwhile, agricultural imports decreased by 8.2%
Food exports, which include agricultural and agro-industrial products, amounted to $12 billion dollars in the first five months of the year, i.e. 5.1% more than in the same period last year.
Meanwhile, agricultural imports decreased by 8.2% and totaled $10.5 billion dollars, showing Mexico required less of these goods in this period.
According to SAGARPA, the surplus reached in said period is one of the highest recorded positive balances of the food industry in recent years.
The authorities stated the surplus was due to a more dynamic primary field and the further opening of markets for Mexican products.
Up to May, cumulative exports of agricultural products increased by 7.1% and totaled $6.2 billion dollars, SAGARPA stated.
Meanwhile, the agribusiness sector, which includes processed foods and beverages, made $5.8 billion dollars in international sales, i.e. 3% higher over the year.
You might also be interested in:
Recently, IRC Global Executive Search Partners convened a summit in Gurgaon bringing together senior executives from leading organizations of the Asia Pacific region to explore what organizations and leaders can do to prepare their companies for the future. Many of the themes that emerged are timeless; others are specific to the modern age and the opportunities and challenges of the digital era.
Porthip Nat Viphatanaporn joined Grundfos in 1993, soon after the company launched operations in Thailand. After working in a supportive capacity alongside five country managing directors in not so many years, she took a shot at the top post herself and proved her worth in a traditionally male-dominated industry, delivering growth and stability for the next 25 years.