The News
Monday 27 of May 2024

Agricultural Exports Up in February

Photo: Notimex/Gustavo Salas
Photo: Notimex/Gustavo Salas
Exports grew 26.6 percent to reach $1.5 bln for the month: Sagarpa

In February exports of agricultural products grew 26.6 percent in annual comparison and reached a value of $1.5 billion, said the Agriculture, Livestock, Rural Development, Fisheries and Food Secretariat (Sagarpa).

According to the Trade Balance reported by the National Statistics and Geography Institute (INEGI), earning in February increased by $316 million, compared to what it obtained in the same month last year.

Products with the largest increases were onions and garlic with 100.7 percent, tomato with 66 percent, shellfish rose by 46.5, fresh fruit at 39.9 and black pepper by 29.6 percent.

Over the first two months of 2016, agricultural exports totaled $2.6 billion dollars, up 10.8 points, nearly $253 million extra.

In 2015, Mexico exported agricultural food products for more than $26.6 billion to various international destinations, an increase of a four percent annual rate.

Sales reached a surplus totaling $848.2 million, the first positive balance in two decades.

Similarly, agricultural imports in 2015 reflected a decrease of 8.6 units going from $28.1 billion to $25.7 billion.