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Mexico is a trade-oriented economy, with imports and exports totaling a 78% share of the GDP in 2019. [233] It is an important trade power as measured by the value of merchandise traded, and the country with the greatest number of free trade agreements. [ 234 ]
"The economy of Mexico has an Economic Complexity Index (ECI) of 1.1 making it the 21st most complex country. Mexico exports 182 products with revealed comparative advantage (meaning that its share of global exports is larger than what would be expected from the size of its export economy and from the size of a product's global market)." [133]
The petroleum industry in Mexico makes Mexico the eleventh largest producer of oil in the world and the thirteenth largest in terms of net exports. Mexico has the seventeenth largest oil reserves in the world, and it is the fourth largest oil producer in the Western Hemisphere behind the United States , Canada and Brazil .
This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 .
For example, Mexico is the largest supplier of fruit and vegetables to the US, while Canada leads in exports of grain, livestock and meats, poultry and more.
United States–Canada–Mexico trade war Date February 1, 2025 (2025-02-01) – present (3 weeks) Location United States Canada Mexico Status Ongoing U.S. tariffs on Canada and Mexico set to begin on March 4 after both countries negotiate a one-month delay Parties United States Canada Mexico Lead figures Donald Trump Justin Trudeau Claudia Sheinbaum A trade war began between the United States ...
SINGAPORE/LONDON (Reuters) -Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S. President-elect Donald Trump imposes 25% import tariffs on ...
Map of countries by exports, 2023. The following article lists different countries and territories by their exports according to data from the World Bank. Included are merchandise exports and service exports. Merchandise exports are goods that are produced in one country and sold to another country. Service exports refer to the cross-border ...