Mexico: Growth slows, export ag booms
Story Date: 10/22/2021

 

Source:  UC DAVIS, RURAL MIGRATION NEWS, 10/19/21


Mexico’s economy expanded in summer 2021. However, with only a third of Mexicans fully vaccinated, the covid pandemic slowed economic and job growth. Mexico’s fresh fruit and vegetable exports to the US rose in 2020 and 2021, supporting a million year-round and seasonal jobs on Mexican farms that export most of what they produce. Another two million Mexicans are employed for wages on farms that produce for the Mexican domestic market, and a further two million Mexican-born workers are employed on US farms.


Growth. Mexico’s global economic activity index, a proxy for GDP growth, rebounded strongly from the 10 percent drop in 2020 but increased at a slower pace after growth peaked at 13 percent in June 2021.

For mroe of this story, click here

























   Copyright © 2007 North Carolina Agribusiness Council, Inc. All Rights Reserved.
   All use of this Website is subject to our
Terms of Use Agreement and our Privacy Policy.