August 30, 2012

Mexico's agriculture, cattle and fishery exports show combined 12.5% yearly growth in value

Mexico's agriculture and fishery exports in July 2012 show a yearly growth rate of 12.5% in value, amounting to US$636.6 million.

According to the National Institute of Statistics and Geography (INEGI), January to July agricultural exports this year represent a cumulative growth of 10.9%, over the same period of 2012.

In the seventh month of the year with the products in highest demand were cattle (118%), mango (55.2%), coffee (39.9%) and avocado (15.6%).

This information is part of the monthly report from INEGI, with respect to the balance of Mexico's merchandise trade during the month of July 2012.

Food exports (including agricultural and agribusiness) exceeded US$12,500 million in the first half of 2012, an increase of 4.31%, compared to the same period last year.