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 does Mexico trade with other countries?
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.
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.
What are the main 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).
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 the biggest export of Mexico?
Economy of Mexico
|Export goods||manufactured goods, electronics, vehicles and auto parts, oil and oil products, silver, plastics, fruits, vegetables, coffee, cotton, silver|
|Main export partners||United States(+) 80.3% Canada(+) 2.7% China(-) 1.5% Spain(+) 1.5% Brazil(+) 1.2% (2014 est.)|
Which country does Mexico trade with the most?
Top 15 United States : US$358.9 billion (76% of Mexico’s total exports) Canada: $14.1 billion (3%) Germany: $7 billion (1.5%) China: $6.9 billion (1.5%) Taiwan: $6.8 billion (1.4%) Brazil: $4.2 billion (0.9%) Japan: $3.9 billion (0.8%) Colombia : $3.5 billion (0.7%)
What foods does the US 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.
Who is Mexico’s biggest trading partner?
The United States
Who is China’s largest trading 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%)
What is US biggest export?
Top U.S. service exports Services are the biggest US export , with total foreign sales of $778 billion last year. Indeed, the United States has a $243 billion trade surplus in services, which is good news since service industries account for 71% of US jobs.
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.
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%)
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.
How does Mexico help the United States?
It’s the second-largest buyer of U.S. goods, the third-biggest consumer of U.S. agricultural products and America’s third-most-important trading partner, after China and Canada. We trade over a million dollars of stuff every minute.