Market research

Coconuts, Brazil nuts and cashews market in Mexico

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Mexican market for coconuts, Brazil nuts and cashews maintained relatively stable volumes between 2018 and 2020, averaging around 1 090 thousand tons. This stability was underpinned by earlier investments in coconut water processing infrastructure, which boosted production capacity, and a growing consumer preference for natural beverages. From 2020 onward, trade agreements granting duty-free access for nuts to the US market encouraged higher exports, which helped offset modest declines in domestic consumption.

After a period of stabilization in 2021, market volume increased to 1 102 thousand tons in 2022, driven by expanded export activity. Key producing states such as Colima and Jalisco increased shipments abroad, with exports reaching 19 thousand tons that year. However, by 2023 the market contracted to 1 071 thousand tons, influenced by competitive pressure from global suppliers like Vietnam and Brazil, which affected both import flows and local production.

Throughout the period, the market was shaped by the presence of major domestic players like Acapulcoco and A de Coco, which together held a significant share of the coconut product segment. Their ongoing activity, along with the diversification of export destinations to include China and Guatemala, contributed to the overall dynamics of production and market volume.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Mexico
  1. 5.1.1. Annual dynamics of production in Mexico in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Mexico in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Mexico in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Mexico, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Mexico in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Mexico, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Mexico in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Mexico, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Mexico in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Mexico, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production coconuts, Brazil nuts and cashews in Mexico

In kind, 2018-2021, K t

Globally, Mexico ranked as the 9th largest producer of coconuts, Brazil nuts, and cashews from 2018 to 2021.

Top producers of coconuts, Brazil nuts and cashews, 2018-2021

Source: SHEV.io

World map of production of coconuts, Brazil nuts and cashews, 2018-2021

Source: SHEV.io

In 2021, Mexico produced 1 078 K t of coconuts, Brazil nuts, and cashews, showing relative stability compared to 2020. Over the 2018-2021 period, production decreased by 3.3%, with a compound annual growth rate (CAGR) of 1.1%. The most significant decline occurred in 2019, at 1.9%.

Annual dynamics of production in Mexico in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(1.9%)	(1.4%)	(0.0%)	(1.1%)

Source: SHEV.io

Exports coconuts, Brazil nuts and cashews from Mexico

Exports in kind, t

Mexico's exports of coconuts, Brazil nuts, and cashews increased for the third consecutive year in 2021, reaching 13 593 t. This marked a substantial rise of 51.1% compared to 2020. From 2018 to 2021, exports grew by 276.8%, with a CAGR of 55.6%.

Annual dynamics of product's exports from Mexico in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	105.8%	21.1%	51.1%	55.6%

Source: SHEV.io

From 2018 to 2021, the United States was the sole destination for Mexico's exports of coconuts, Brazil nuts, and cashews in kind, accounting for 100.0% of total flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Mexico in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Mexico's export value of coconuts, Brazil nuts, and cashews declined for the third consecutive year in 2021, totaling 8 725 K $ US. This represented a significant decrease of 15.1% compared to the previous year. Between 2018 and 2021, exports fell by 25.1%, equating to an annualized rate of 9.2%.

Annual dynamics of product's exports from Mexico in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(10.3%)	(1.6%)	(15.1%)	(9.2%)

Source: SHEV.io

During 2018-2021, the United States dominated as the buyer of Mexico's coconuts, Brazil nuts, and cashews in value terms, capturing 100.0% of total exports.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Mexico in value, 2018-2021

Source: SHEV.io

Imports coconuts, Brazil nuts and cashews to Mexico

Imports in kind, t

Mexico's imports of coconuts, Brazil nuts, and cashews decreased for the third consecutive year in 2021, with a volume of 434 t. This was 46.5% lower than in 2020. From 2018 to 2021, imports dropped by 64.5%, corresponding to an annualized rate of 29.2%.

Annual dynamics of product's imports to Mexico in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(8.8%)	(27.2%)	(46.5%)	(29.2%)

Source: SHEV.io

From 2018 to 2021, the Philippines and Brazil were the primary sources for Mexico's imports of coconuts, Brazil nuts, and cashews in kind, together accounting for 87.6% of total flows. Other partners held much smaller shares.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Mexico in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Mexico's import value of coconuts, Brazil nuts, and cashews fell for the third consecutive year in 2021, amounting to 2 366 K $ US. This reflected a steep decline of 29.5% compared to 2020. Over the 2018-2021 period, imports decreased by 73.7%, with a CAGR of 35.9%.

Annual dynamics of product's imports to Mexico in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(45.8%)	(31.0%)	(29.5%)	(35.9%)

Source: SHEV.io

Between 2018 and 2021, Brazil and the Philippines were the leading sources for Mexico's imports of coconuts, Brazil nuts, and cashews in value terms, jointly making up 86.7% of total flows. The remainder was distributed among smaller markets.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Mexico in value, 2018-2021

Source: SHEV.io