Irish mission to Mexico looks to mitigate possible Brexit issues
Minister Creed met with Mexican Sub-Secretary for Trade, Juan Carlos Baker Pineda, and the Mexican Secretary for Agriculture (SAGARPA), Jose Eduardo Calzada Rovirosa, to discuss co-operation and trade opportunities.
Ahead of the Mexican leg of his five-day Trade Mission to the Americas, Minister Creed said Bord Bia and the Irish agri-food industry was targeting Mexico specifically as a potential trading partner.
“With a market of 127m people, Mexico is an exciting developing market where we need to establish better ties and links,” Creed said.
“Against the backdrop of Brexit, developing opportunities in new markets is essential. Our meetings with our Mexican counterparts, as well as local experts, will help us to better understand the industry here and to make sure our offerings are appropriate and in line with the demands of the Mexican market.”
Increased dairy exports
Agri food exports to Mexico have increased by around 20% from €47.1m/$52.7m (10,300MT (metric tons)) in 2012 to €57.4m/$64.2m (15,900MT) in 2016.
In dairy terms Mexico was the 13th largest destination for Irish dairy exports in 2016 with total exports of around €52.6m ($58.8m). This marks an increase of almost 50% from the amount seen in 2012, which was €35.1m ($39.3m) or 8,000MT.
The main categories are infant formula (€9.2m/$10.3m); fat-filled milk powders (€17.8m/$19.9m); and caseins (€25m/$28m).