Home Business-newBusiness If you live in the United States, prepare to see a substantial increase in the price of avocados and tomatoes

If you live in the United States, prepare to see a substantial increase in the price of avocados and tomatoes

by Yucatan Times
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Tomatoes and Avocados will increase their prices in the U.S.

The U.S. imported $38.5 billion in agricultural goods from Mexico in 2023, making it the top recipient of such products, U.S. Department of Agriculture data showed. Those imports include more than US$3 billion worth of fresh fruits and vegetables.

Mexican imports account for a large share of some fruits and vegetables routinely eaten by Americans.

Roughly 90% of avocados eaten in the U.S. last year originated in Mexico, USDA data showed. Other products with a high concentration of Mexican imports include tomatoes, cucumbers, bell peppers, jalapenos, limes, and mangos, Miller said.

“It would be difficult for the U.S. to replace those goods with domestic production or an alternative supplier, making it likely that prices would rise significantly as soon as the tariffs take effect,” said Jason Miller, a professor of supply-chain management at Michigan State University.

“You’d certainly expect to see an impact on prices,” Miller said.

The U.S. also imports large quantities of beer, tequila, and other alcoholic beverages from Mexico, experts said. In 2022, the U.S. imported about US$26 billion worth of alcoholic drinks from Mexico, according to the USDA.

With information from the U.S. Department of Agriculture

TYT Newsroom

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