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This increase in exports led to a decrease in the Mexican trade deficit. The United States is currently Mexico's largest trade partner, with 88.66 percent of Mexican exports going to the United States. As a result, Mexico's economy is largely tied up in the United States’. Due to this increased dependency on the United States’ economy ...
Beside this the textile industry gain hype with this agreement and the textile industry in Mexico gained open access to the American market, promoting exports to the United States. The value of Mexican cotton and apparel exports to the U.S. grew from $3 billion in 1995 to $8.4 billion in 2002, a record high of $9.4 billion in 2000.
Exports of goods and services (US$ million) by country [1] Country Exports Year Top goods export (2021) [2] [needs update] China: 3,511,248 2023 Broadcasting equipment United States: 3,051,824 2023 Petroleum Germany: 2,104,251 2023 Cars United Kingdom: 1,074,781 2023 Gold France: 1,051,679 2023 Packaged medications Netherlands: 949,983 2023 ...
According to the 2019 list, Mexico would have the twelfth most valuable industry in the world (US$217.8 billion), Brazil has the thirteenth largest (US$173.6 billion), Venezuela the thirtieth largest (US$58.2 billion, however, which depend on oil to obtain this value), Argentina the 31st largest (US$57.7 billion), Colombia the 46th largest (US ...
"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]
WASHINGTON/MEXICO CITY (Reuters) - The agreements struck between the United States and Mexico on trade would allow President Donald Trump to impose punitive "national security" tariffs of up to 25 ...
Balance of trade with the United States. The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Canada is the largest trading partner of the United States, followed by Mexico. [1]
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 .