Should Mexican Producers Export to Asia?By Sofía Hanna | Thu, 02/11/2021 - 15:52
In a recent interview with MBN, Agustín García Rechy, Vice Chairman of Asia Pacific at the Mexican Business Council for Foreign Trade, Investment and Technology (COMCE), shared opportunities and information about how the relationship between Mexico and Asia could benefit both regions. Some Mexican products have high export potential, like avocado oil or pulp, roasted coffee and sauces, as well as tequila and mezcal. “Chinese consumers value food safety due to the recent crises that have affected much of the population. The good news for Mexico is that our food and agricultural products can satisfy this requirement as they are recognized for their quality.”
Opportunities are not limited to China. Other countries in Asia have shown interest in trading with Mexico, like South Korea, Japan, Hong Kong, and Singapore. Even though this door is open, García Rechy mentioned that companies are still waiting for the opportunity to enter these markets. He also talked in detail about some of the difficulties that companies that are considering expanding to Asia could experience, like the consolidation of convenient logistics routes for the transportation of fresh produce, in addition to tariffs and sanitary restrictions, along with cultural differences.
Interested in more? Here are the week’s main headlines in agribusiness & food!
- The Mexican Agriculture Sector has been looking into using Artificial Intelligence (AI) to improve results of agricultural activities. Some of the technologies analyzed are weather forecasting, monitoring systems, drones and AI pest-detection systems. The use of these technologies will be beneficial to farmers and will protect human health, while ensuring short and long-term safety, which can also bring environmental benefits.
- Grupo Herdez invested in accelerating its digital transformation process by allying with Google. “Digital transformation is not about adopting the technology. It is about understanding those business processes that can be enhanced with technology and Google is a great partner for this,” said Miguel Ángel López, Head of Digital Transformation at Grupo Herdez.
- In 1Q21, the General Directorate of Inspection and Surveillance of the National Aquaculture and Fisheries Commission (CONAPESCA) reported the government seized 35 tons of fishing gear, small boats, outboard motors and land vehicles. Confiscation raids were done in Baja California, Baja California Sur, Campeche, Colima, Chiapas, Mexico City, Guerrero, Jalisco, State of Mexico, Michoacan, Nayarit, Oaxaca, Quintana Roo, Sinaloa, Sonora, Tabasco, Tamaulipas, Veracruz and Yucatan, according to a SADER release.
- In the first 40 days of the year, 254,000 Chiapas producers received direct support from the government. Víctor Suárez Carrera, Undersecretary of Food and Competitiveness, asked producers to check if they were eligible for support and to collect their payment. According to the release, 94.3 percent of the beneficiaries are small-scale producers.