Mexico is a consistent buyer of Canadian canola seed. These imports bring value to the Mexican economy by supporting a domestic crushing and refining industry.
Market profile
- Population: 127.0 million
- Primary health concerns: Cardiovascular disease, diabetes, cancer, obesity
- Total vegetable oil consumption (2017): 2.7 million tonnes
Imports of Canadian canola (2017)
- Seed: 1.7 million tonnes valued at $939.3 million
- Oil: 69 thousand tonnes valued at $77.0 million
- Meal: 23 thousand tonnes valued at $7.6 million
- Total value of exports to Mexico: $1.0 billion
Market trends
- Canola is Canada's top agri-food export to Mexico.
- Seed imports have grown 11% over the past five years.
- Canola oil and meal consumption have both risen over the past five years.
Economic benefits of importing Canadian canola
- MXN$21.9 billion of economic activity per year
- 7,100 jobs in Mexico