What does the US export to Mexico?
Leading domestic export categories include: corn ($2.7 billion), soybeans ($1.9 billion), dairy products ($1.5 billion), pork and pork products ($1.3 billion), and beef and beef products ($1.1 billion).
How much of Mexico’s exports go to the US?
Mexico exports to United States worth US$ 344,602 million, with a partner share of 76.49 percent . Mexico exports to Unspecified worth US$ 24,707 million, with a partner share of 5.48 percent.
Is Mexico the US largest trading partner?
China, Canada and Mexico are the country’s largest trading partners , accounting for nearly $1.9 trillion worth of imports and exports.
How much food does the US import from Mexico?
U.S. Agricultural Imports from Mexico The U.S. imported $23 billion in agricultural products from Mexico in 2016, a 9% increase from 2015. The top U.S. import commodities from Mexico are vegetables and fruit, wine & beer, and snack foods – accounting for 75% of the total U.S. ag imports from Mexico.
What is the main export of Mexico?
Among Mexico’s major exports are machinery and transport equipment, steel, electrical equipment, chemicals, food products, and petroleum and petroleum products. About four-fifths of Mexico’s petroleum is exported to the United States, which relies heavily on Mexico as one of its principal sources of oil.
What is Mexico’s main source of income?
Mexico has the ninth- largest economy in the world. Its main industries are food and beverages, tobacco, chemicals, iron and steel, petroleum, clothing, motor vehicles, consumer durables, and tourism. It is a major exporter of silver, fruits, vegetables, coffee, cotton, oil and oil products.
What are the top 5 Exports of Mexico?
Economy of Mexico
|Ease-of-doing-business rank||60th (easy, 2020)|
|Exports||$409.8 billion (2017 est.)|
|Export goods||manufactured goods, electronics, vehicles and auto parts, oil and oil products, silver, plastics, fruits, vegetables, coffee, cotton, silver|
How much does Mexico owe the United States?
The United States has a services trade surplus of an estimated $8.8 billion with Mexico in 2018, up 19.1% from 2017. Mexico is owed about $34 billion by the United States . !!
What is Mexico’s biggest import?
Top 10 Electrical machinery, equipment: US$94.8 billion (20.3% of total imports) Machinery including computers: $77.3 billion (16.5%) Vehicles: $50.2 billion (10.7%) Mineral fuels including oil: $40.9 billion (8.8%) Plastics, plastic articles: $24.6 billion (5.3%) Optical, technical, medical apparatus: $16.5 billion (3.5%)
Who is China’s biggest trade partner?
China’s Top Trading Partners United States: US$418.6 billion (16.8% of China’s total exports ) Hong Kong: $279.6 billion (11.2%) Japan: $143.2 billion (5.7%) South Korea: $111 billion (4.4%) Vietnam: $98 billion (3.9%) Germany: $79.7 billion (3.2%) India : $74.9 billion (3%) Netherlands : $73.9 billion (3%)
Who is Mexico’s biggest trade partner?
The United States
What is the US biggest export?
Soybeans were the number one product in this category, with sales of $22 billion, followed by meat and poultry at $18 billion. Crude oil, fuel and other petroleum products: $109 billion. This is one of the fastest growing areas of US exports, up 37% in just the last year.
Does Mexico depend on the US?
Over the years, the country has grown increasingly reliant on its US neighbour: almost 80% of its exports go to the US alone and, given its opening rate, these exports account for nigh on 30% of its GDP (graph 2).
What fruits and vegetables are imported from Mexico?
Avocados worth $1.9 billon a year were the leading Mexican fruit import between 2015 and 2017, followed by raspberries worth $555 million, strawberries worth $515 million, and grapes worth $410 million a year.
How much money does the US give to Mexico each year?
The United States is currently the largest source of international remittances in the world, sending a total of $56.3 billion in 2015. Mexico received the largest portion of these remittances, accounting for an estimated $25.2 billion, making the U.S.-Mexico remittance corridor one of the largest in the world.