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In 2024, Mexico was the largest market for U.S. agricultural products and the only market to reach over $30 billion in agricultural exports. Market opportunities continue to expand with U.S. consumer-oriented products increasing by 13 percent.
Consistently ranking as the top Southeast Asia destination for U.S. consumer-oriented agricultural products, the Philippines presents a resilient market for U.S. food and beverage products, supported by a young workforce with high disposable income, a growing middle-income consumer base, and remittances from overseas workers.
In 2024, Mexico imported more than 35 million metric tons of grains from the United States. The North American freight rail network is an increasingly important mode of transport for handling the growth in this trade.
On June 10, 2025, the Philippine Health Secretary temporarily suspended the implementation of new fees and charges for services under the Food and Drug Administration’s (FDA) jurisdiction due to concerns from various sectors.
Mexico’s potato production is estimated at 2.28 million metric tons (MMT) in marketing year (MY) 2025/26 (July 1 – June 30), four percent higher than the estimated MY 2024/25 production due to seasonal rains in several potato-producing states in mid-2024, easing drought conditions.
The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
This report details the Philippine government’s certification requirements for food and agricultural products exported from the United States.
This report outlines the Philippine Government’s policies regulating the importation of food and agricultural products.
Mexico's Special Tax on Production and Services (IEPS) is applied to both domestically produced and imported alcoholic beverages.
The Philippine excise tax for alcohol products increased by six percent on January 1, 2025, and will continue to increase at a fixed rate of six percent annually, as stipulated in the law, which does not include a sunset provision.
On March 17, 2025, Mexico adopted a constitutional amendment banning domestic cultivation of “genetically modified” corn
The Government of Mexico extended the Presidential Anti-Inflation Decree through 2025, maintaining tariff-free access to Mexico’s market for select agricultural products from non-free trade agreement partners.