Mexico is likely to surpass Canada as the biggest importer of United States agriculture products, predicts CoBank.
Last year it bought $31.4 billion, slightly below Canada at $32.4 billion.
On a volume basis, corn, pork, dairy products, soybeans and poultry products make up the top five U.S. commodities purchased by Mexico, according to the United States Department of Agriculture’s Foreign Agricultural Service.
At $13.9 billion, grain, feed, oilseeds and related products comprise the largest category of U.S. ag exports to Mexico.
“The rise of Mexico as a customer has been a huge success story for U.S. agriculture,” said Rob Fox, director of CoBank’s Knowledge Exchange.
According to a new research brief from CoBank’s Knowledge Exchange, Mexico will likely surpass Canada to claim the top spot for the first time in 2025.
