In the first quarter of 2024, the agricultural sector in Mexico employed approximately 6.37 million people, down from 6.44 million people in the previous quarter and from 6.56 million reported a year earlier.
The agriculture, forestry, and fishing sector contributed with approximately 3.82 percent of the value added to the Chilean gross domestic product (GDP) in 2023. This represents a decrease of about 2.3 percent compared to the previous year.
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The Mexican Agricultural Machinery Market Report is Segmented by Tractors (Less Than 40 HP, 41HP To 60 HP, 61 HP To 100 HP, 101 HP To 150 HP, and More Than 150 HP), Equipment (Plows, Harrows, Rotavators and Cultivators, and Other Equipment), Irrigation Machinery (Sprinkler Irrigation, Drip Irrigation, and Other Irrigation Machinery), Harvesting Machinery (Combine Harvesters, Forage Harvesters, and Other Harvesting Machinery), and Haying and Forage Machinery (Mowers and Conditioners, Balers, and Other Haying and Forage Machinery). The Report Offers the Market Size and Forecasts for Volume (units) and Value (USD) for all the Above Segments.
In the third quarter of 2024, Mexico reported a GDP of 1.2 trillion Mexican pesos in the agriculture, livestock, forestry, fishing, and hunting sector.
The employment in the agricultural sector as share of total employment in Mexico declined to 12.64 percent in 2022. Therefore, the share in Mexico saw its lowest number in that year with 12.64 percent. Employment in agriculture is the number of people performing activities in agriculture, hunting, forestry, and fishing that provide a service or produces goods to make a profit or get paid as a share of the total employed. This includes individuals attending work, or not working due to being temporarily absent from a job, or in a working-time arrangement.
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Explore the diverse and vital agriculture sector in Mexico, a key contributor to GDP and employment. Discover the wide variety of crops like maize, avocados, and coffee, the significance of livestock farming, and the challenges of climate change and water scarcity. Learn about the shift towards sustainable practices in this dynamic industry.
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The Vertical Farming Technologies Market Report is Segmented by Growth Mechanism (Aeroponics, Hydroponics, and Aquaponics), Structure (Building-Based Vertical Farms and Shipping Container-Based Vertical Farms), Component (Lighting Devices, Climate Control, Sensors, and Other Components), and Crop Type (Tomato, Berries, Lettuce & Leafy Vegetables, Pepper, Cucumber, Microgreens, and Other Crop Types). The Market Estimation and Forecasts in Value (USD) for the Above-Mentioned Segments.
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Mexico MX: GDP: % of GDP: Gross Value Added: Agriculture data was reported at 3.417 % in 2017. This records an increase from the previous number of 3.350 % for 2016. Mexico MX: GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 5.935 % from Dec 1965 (Median) to 2017, with 53 observations. The data reached an all-time high of 13.149 % in 1965 and a record low of 3.073 % in 2005. Mexico MX: GDP: % of GDP: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Gross Domestic Product: Share of GDP. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
During 2022, the agricultural sector in Mexico had a foreign direct investment (FDI) of nearly 109.9 million U.S. dollars. Additionally, the sector's FDI increased from a negative 3.4 million U.S. dollars in 2021, the lowest value recorded since at least 2016.
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Mexico Underemployment: Agriculture Industry as % of Total Labour Force data was reported at 15.992 % in Mar 2019. This records a decrease from the previous number of 18.161 % for Feb 2019. Mexico Underemployment: Agriculture Industry as % of Total Labour Force data is updated monthly, averaging 17.825 % from Jan 2005 (Median) to Mar 2019, with 171 observations. The data reached an all-time high of 24.160 % in Nov 2010 and a record low of 10.929 % in May 2009. Mexico Underemployment: Agriculture Industry as % of Total Labour Force data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.G038: Underemployment Rate: ENOE 2015: Age 15 and Above. Since May 2013, Unemployment Rate is not comparable to prior months due to the new population projection data from CONAPO are incorporated.
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Statistics illustrates consumption, production, prices, and trade of Tyres for Agriculture, Forestry, Construction, Industry and Other Off The Road Vehicles in Mexico from 2007 to 2024.
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Mexico Male Employment: Agriculture Industry as % of Labour Force data was reported at 16.885 % in Mar 2019. This records a decrease from the previous number of 18.874 % for Feb 2019. Mexico Male Employment: Agriculture Industry as % of Labour Force data is updated monthly, averaging 19.660 % from Jan 2005 (Median) to Mar 2019, with 171 observations. The data reached an all-time high of 22.289 % in Nov 2005 and a record low of 16.885 % in Mar 2019. Mexico Male Employment: Agriculture Industry as % of Labour Force data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.G011: Employment Rate: ENOE 2015: Age 15 and Above. Since May 2013, Unemployment Rate is not comparable to prior months due to the new population projection data from CONAPO are incorporated.
The value added by the agriculture, forestry, and fishing sector to the gross domestic product in Mexico increased by 0.8 billion U.S. dollars (+1.86 percent) in 2023 in comparison to the previous year. With 43.8 billion U.S. dollars, the value added thereby reached its highest value in the observed period. Notably, the value added continuously increased over the last years.Find more statistics on other topics about Mexico with key insights such as share of value added by the manufacturing industry to the gross domestic product, share of value added by the services industry to gross domestic product, and value added by the services industry to the gross domestic product.
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In 2024, the Mexican agricultural harvester market decreased by -14.7% to $120M, falling for the second year in a row after three years of growth. In general, consumption, however, continues to indicate a slight slump. As a result, consumption attained the peak level of $150M. From 2023 to 2024, the growth of the market failed to regain momentum.
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Mexico (FDI) Foreign Direct Investment: Agricultural data was reported at -491.695 USD th in Dec 2024. This records a decrease from the previous number of 37,872.141 USD th for Sep 2024. Mexico (FDI) Foreign Direct Investment: Agricultural data is updated quarterly, averaging 14,880.876 USD th from Mar 1999 (Median) to Dec 2024, with 104 observations. The data reached an all-time high of 249,673.582 USD th in Mar 2024 and a record low of -85,889.778 USD th in Dec 2021. Mexico (FDI) Foreign Direct Investment: Agricultural data remains active status in CEIC and is reported by Ministry of Economy. The data is categorized under Global Database’s Mexico – Table MX.O003: Foreign Direct Investments: by Sector.
The agricultural area in Mexico amounted to 97.13 million hectares in 2021, a value similar to the one reported a year earlier. Between 2001 and 2021, the agricultural area decreased by almost nine percent. That year, Mexico's arable land reached over 23 million hectares. About 95 percent of that land is for permanent crops. Crop production Mexico is home to a diverse range of crops that are cultivated in its different regions and climates. Some staples include grains and fruits, as well as fodder and other industrial crops. The country is the third-largest agricultural producer in Latin America and the Caribbean, and it is the leading producer and exporter of avocados in the region. Agricultural exports As with other Latin American countries, exports are an important aspect of Mexico's agricultural sector. Some of the leading agricultural products exported from Mexico are berries, avocados, and tomatoes. In fact, Mexico is the largest exporter of avocados worldwide. Mexico's most important trade partner when it comes to agricultural products is the United States.
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Imports of agriculture central driven precision spacing seeders in Mexico stood at X units in 2017, declining by -X% against the previous year. In general, imports of agriculture central driven precision spacing seeders continue to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y.
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The Mexican agricultural appliance market reduced modestly to $82M in 2024, approximately equating the previous year. Over the period under review, consumption continues to indicate perceptible growth. Agricultural appliance consumption peaked at $296M in 2017; however, from 2018 to 2024, consumption stood at a somewhat lower figure.
As of 2020, there were 127 smart agricultural businesses identified in Mexico (considering different stages, from enterprises in the demo or beta stage to businesses in the expansion stage). Around 27 percent of these enterprises operated in the sector of biotechnology and bioproducts. Big data and precision agriculture represented another 15 percent of all agtech businesses in the Latin American country.
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The Mexican agricultural and forestry tractor market expanded modestly to $2.1B in 2024, with an increase of 3.5% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Agricultural and forestry tractor consumption peaked in 2024 and is expected to retain growth in the immediate term.
In the first quarter of 2024, the agricultural sector in Mexico employed approximately 6.37 million people, down from 6.44 million people in the previous quarter and from 6.56 million reported a year earlier.