What does Mexico export to the US?
The top export categories (2-digit HS) in 2015 were: machinery ($42 billion), electrical machinery ($41 billion), vehicles ($22 billion), mineral fuels ($19 billion), and plastics ($17 billion). U.S. exports of agricultural products to Mexico totaled $18 billion in 2015, our 3th largest agricultural export market.
What are Mexico’s main imports?
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. Mexico’s major imports include machinery and transport equipment, chemicals, and consumer goods.
What foods do we import from Mexico?
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 does Mexico do for the United States?
The US is Mexico’s largest trading partner, accounting for close to half of all exports in 2008 and more than half of all imports in 2009. For the US, Mexico is the third largest trading partner after Canada and China as of June 2010. In 2017, two-way trade between both nations amounted to US$521.5 billion.
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%)
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 are the top 3 Imports of Mexico?
The top imports of Mexico are Refined Petroleum ($31.3B), Vehicle Parts ($27.4B), Office Machine Parts ($16.8B), Cars ($10.5B), and Computers ($7.49B).
What is Mexico’s number 1 export?
Searchable List of Mexico’s Most Valuable Export Products
|Rank||India’s Export Product||2019 Value (US$)|
|2||Computers, optical readers||$32,151,956,000|
Is Mexico a wealthy country?
Mexico has the 11th to 13th richest economy in the world and ranks 4th with most number of poor among richest economies. Mexico is the 10th to 13th country with the most number of poor in the world.
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.
What fruits and vegetables are from Mexico?
The Fruit and Vegetables of Mexico Avocados . Tomatoes . Tomatillos . Jicama . Chayote . Nopales. Chiles. Corn.
Are all avocados from Mexico?
Unlike many other avocado varieties, Hass avocados are native to California, not Mexico . The main avocado growing states in Mexico are Michoacán and the State of Mexico , often referred to as the ‘ Avocado Belt of the Mexican Republic’.
Does the US Own Mexico?
Area Mexico ceded to the United States in 1848, minus Texan claims. The Mexican Cession consisted of present-day U.S. states of California, Nevada, Utah, most of Arizona, the western half of New Mexico , the western quarter of Colorado, and the southwest corner of Wyoming.
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.
How does Mexico affect the US economy?
U.S. – Mexico Trade Mexico became the United States ‘ largest trade partner in 2019, surpassing China. In U.S. merchandise exports, Mexico ranks second among U.S. markets after Canada, while in imports, Mexico is the third- leading supplier among all trading partners.