(Brussels, 24 April 2018) FoodDrinkEurope welcomes the 'in principle' agreement on a modernised trade deal between the EU and Mexico. While the information available so far on additional market access for EU food and drinks to Mexico and new trade facilitating measures is positive, we are keen to learn more about the full details of the agreement and hope it will match expectations of European food and drink manufacturers across the board.
EU-Mexico bilateral trade in food and drinks exceeded €1.9 billion in 2017 (Exports: €1,181 million; Imports: €773 million). Mexico is the EU food and drink industry’s second largest export market in Latin America. Key exports include: spirits, wine, dairy products, olive oil, chocolate, biscuits and confectionery. Key imports include: beer, fruits and vegetables, spirits, fish products, and juices.