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.

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.

This report highlights the food processing industry, its drivers, key players, and market landscape in the Caribbean Basin. The region relies heavily on imports, and the United States is the largest supplier of food ingredients.

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.

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

The 2025 Government of Mexico fiscal year budget for the Secretariat of Agriculture and Rural Development (SADER) is USD 3.6 billion, slightly higher than the previous year, and four percent lower in real terms.

The Government of Mexico extended the Presidential Anti-Inflation Decree through 2025, maintaining tariff-free access to Mexico’s market for select agricultural products from non-free trade agreement partners.