Browse Data and Analysis

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.

India has extended the policy of unrestricted imports of yellow peas at zero duty until March 31, 2026. On May 30, 2025, the Ministry of Finance (MoF) issued a custom notification continuing the import duty exemption on yellow peas through March 31, 2026.

India presents both significant opportunities and notable challenges for U.S. food and beverage exports. As the world’s fastest-growing major economy and currently the fifth largest globally, India is projected to rise to third place by 2028.

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.

Stronger local white corn prices and rising demand for rice and sorghum are expected to drive increased production in marketing year 2025/2026.

Post estimates India’s ethanol production in calendar year (CY) 2025 to reach 10.5 billion liters (BL), marking a 46 percent increase over 2024 due to improved feedstock availability and favorable monsoon conditions.

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.

On May 27, 2025, the Indian Metrological Department forecast an above-normal precipitation in the upcoming 2025 monsoon in most parts of the country.

Prospects for marketing year (MY) 2025/26 oilseed crops in Bulgaria are currently positive due to favorable weather and larger planted area. FAS/Sofia estimates the MY 2025/26 rapeseed crop at 240,000 metric tons (MT) and the sunflower crop at 2.0 million metric tons (MMT).

On May 30, 2025, India reduced its import duty on crude soybean, sunflower, and palm oil from 20 percent to 10 percent, lowering the effective duty to 16.5 percent.

Prospects for winter grain crops in Bulgaria are currently optimistic due to favorable weather and larger planted area.

Mexico’s 2025 tomato production is forecast at 3.1 million metric tons (MMT), a three percent decrease year-on-year based on continuing drought conditions in the main production areas and lower projected planting for the autumn-winter season.