In 2019, Mexico was the second largest destination for U.S. agricultural exports, which totaled $19.2 billion, a less than one percent increase from 2018. The United States is the largest supplier of agricultural goods to Mexico, holding a 69 percent market share. The largest export growth was seen in wheat and dairy products, up $150 million and $148 million, respectively. Additionally, exports of poultry meat & products (excluding eggs), coarse grains (excluding corn), and fresh vegetables were up $121 million, $93 million, and $61 million, respectively. Exports of corn were down by $342 million. Exports of wine & beer, cotton, and sugar & sweeteners were down $101 million, $84 million, and $48 million, respectively. For 2019, Mexico was the top market for U.S. corn, wheat, dairy products, poultry meat & products, distiller grains, rice, sweeteners, animal fats, and eggs & products.
Under the North American Free Trade Agreement (NAFTA), Mexico and the United States have eliminated all tariffs and quantitative restrictions on agricultural goods and have strengthened scientific ties to eradicate diseases and pests, conduct research and enhance conservation.
The new U.S.-Mexico-Canada Agreement (USMCA) will further strengthen the United States’ highly productive and integrated agricultural relationship with Mexico and create new export opportunities for U.S. agriculture.