Trade dependency of Mexico regarding barley (Hordeum Vulgare L.)
Main Article Content
Keywords
trade dependency ratio, growth rate, barley, relative trade balance
Abstract
Objective: Determine the degree of commercial dependence of the Mexican market with respect to barley produced abroad, in the period from 1994 to 2021.
Design/methodology/approach: The growth rates of the barley production variables in the national market were estimated, the relative trade balance was calculated, and the trade dependency coefficient was determined.
Results: The production variables had positive growth rates in the analysis period, the relative trade balance was -1 and the trade dependency coefficient was close to zero.
Limitations/implications: Lack of correlation between the barley market and the beer industry in Mexico.
Findings/conclusions: Mexico is a net importer of barley, despite having positive growth rates in production variables; however, it does not show commercial dependence on the foreign market for this grain.