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Economy of Veracruz


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Veracruz is the largest mango producer in the country, grown on 31,640 hectares producing 287,000 tons. Most of this is the manila variety, which is preferred in Mexico. 95% of this crop is consumed fresh within Mexico although exports to Canada have begun. Vanilla beans are native to the state, which is the primary producer for Mexico. Most of this crop is grown in an area known as Totonacapan in and around Papantla.

Livestock raising is an important activity. There are over 300,000 units of production most of which raise cattle, with Veracruz being the main beef producer for the country at 14% of the total. In addition to beef cattle, dairy cattle, pigs, sheep, goats, horses, domestic fowl, and bees are raised.

From the tropical forests of the inland regions come dyewoods, hardwoods, and rubber. About 20% of the state�s territory is forested, with 220,000 of temperate forest and 1,200,000 hectares of tropical forests. Logging in the state produces 128,254 m3 of wood products per year. The most exploited species include pine, oyamel, cypress and oak. Some tropical hardwoods are harvested as well.

Veracruz�s long coastline supports a large fishing industry, producing one-fifth of Mexico�s catch. Most of the country�s mojarra, trout, oysters and shrimp come from here. Other major fish catches include tilapia, lebrancha, crab, sea bass and huachinango .

Agroindustry focuses on the processing of coffee and sugar products, with citrus packers holding an important position as well.

Natural resources

Today, the state of Veracruz, rich in natural resources, is an important component of Mexico's economy. Approximately 35% of Mexico's water supply is found in Veracruz. There are a number of metallic and non-metallic mineral mining but the most important resource is oil.

The mountains contain relatively unexploited deposits of gold, silver, iron, and coal. Although Veracruz is an important source of metals such as iron
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