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Mexico Exporter Guide 2023

Mexico was the third largest agricultural export market for U.S. exporters in 2022, with total agricultural exports valued at nearly $28.5 billion. Mexico’s economy grew by 3.1 percent in 2022, returning to near pre-pandemic levels. Mexico’s economic recovery is spurred by the strong peso, continued economic integration with its northern neighbors, and growing hotel, restaurant, institutional (HRI) and food processing sectors. In 2022, over 38 million international tourists visited Mexico, with revenue from tourism totaling over $26 billion. The HRI sector continues to recover as consumers increase travel and return to their normal dining habits. Mexico remains among the top 15 food processors worldwide, and the third largest in the Americas following the United States and Brazil. Mexico’s robust food retail sector offers continued opportunities for U.S. exports.

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