America's Thirst For Corona Helps Mexico Dominate Beer Imports
Corona and Dos Equis lovers made Mexico the supplier of more than two out of three imported beers in the US last year.
Mexico exported a staggering 712 million gallons to its northern neighbour. That’s the most among exporting nations, according to data from the Beer Institute.
The Netherlands came in second place, exporting 145 million gallons for a market share of almost 14%. Belgium, Canada and Germany followed with single-digit market-share figures.
The most popular Mexican brands include Corona Extra and Modelo Especial, both manufactured for the US market by Constellation Brands, and Dos Equis and Tecate, produced by Heineken’s Cuauhtemoc Moctezuma unit.
In the third quarter of the year, Constellation's beer business saw net sales increase 7.8% to $1.04 billion, driven by Modelo and Corona.