Browse Data and Analysis

Post forecasts Mexico’s sugar production at 5.4 million metric tons raw value (MMT-RV) for marketing year (MY) 2025/26 (October 1 – September 30), 6 percent higher than the estimate for MY 2024/25. The increased production forecast is based on seasonal rains in several sugarcane-producing states during MY 2024/25 and an expected recovery of the planted area in MY 2025/26.

FAS-Lagos forecasts a 12 percent increase in raw sugar imports in marketing year (MY) 2025/26 compared to the prior year. This is due to increased foreign exchange availability, appreciation of the naira, and the projected increase in consumption.

Mexico's Special Tax on Production and Services (IEPS) is applied to both domestically produced and imported alcoholic beverages.

Mexico's marketing year 2024/25 bean production is 41 percent higher than the record low of the previous year based on increased planted area. However, challenges persist such as adverse weather, limited access to quality seeds, and security issues in key production areas.

Mexico's gross domestic product (GDP) surpassed $1.8 trillion in 2024. The economy continues to grow, and it is driven by population growth, consumer demand for convenience, premium, and health-conscious products.

In the marketing year (MY) 2025/2026, Mexico is forecast to increase its oilseed crush due to rising demand for vegetable oil and animal feed.

This report was revised to reflect all major export certificates and import permits that the government of Nigeria (GON) requires for exporting agricultural and related products from the United States to Nigeria.

Mexico’s 2025 avocado production is forecast at 2.75 million metric tons (MMT), a three percent increase over 2024 on strong export demand. Exports are forecast at 1.34 MMT in 2025, up five percent year-on-year.

Post forecasts marketing year (MY) 2025/26 production at 0.86 million 480-lb bales, a 16 percent decrease compared to the previous MY due to high input costs, severe drought conditions, low international cotton prices, power outages, and lack of access to new genetically engineered seed varieties.

Mexico’s grain production outlook for marketing year (MY) 2025/2026 is higher for corn, rice, and sorghum due to higher local prices driving farmer planting decisions.

On March 17, 2025, Mexico adopted a constitutional amendment banning domestic cultivation of “genetically modified” corn

Corn, wheat, rice, and sorghum consumption is expected to increase in marketing year (MY) 2025/26 due to the appreciation of the naira, slowing food price inflation, and macroeconomic stabilization.