The data presents the export values of US food products to Mexico from 2013 to 2028, with actual values up to 2023 and forecasted data from 2024 onwards. In 2023, the export value stood at 10.949 Billion US Dollars. The year-on-year growth has seen fluctuations, with 2015 and 2016 experiencing slight declines, and the period from 2017 to 2023 showing modest but steady growth rates. The average annual growth over the last five years, from 2019 to 2023, was 1.48%, indicating a relatively stable trend.
Looking ahead, the forecasted data from 2024 to 2028 suggests a continued gradual increase in value, with a five-year CAGR of 0.88% and an overall growth rate of 4.47% over this period. Trends to watch for include potential impacts of trade policies, economic conditions in both countries, and shifts in consumer demand that could influence future export values.
