Avocado Market in Latin America - Statistics & Facts
Commercially, the vegetable is considered highly valuable, with rising demands worldwide. The consumption of avocados has become popular in the United States, and Latin American countries account for a considerable share of vegetables imports into the U.S. market. Nowadays, avocados are also used in the cosmetics industry. Due to its nourishing components, the vegetable is used in, for instance, skin and hair care products.
While the region profits mainly from exporting its avocado production, some South American countries also import avocados, as is the case of Argentina, Chile and Brazil.