Question: What percent of Mexico’s exports go to the US?

Top five countries to which Mexico exported in 2019 are below, along with the percent of total exports that went to that country: Mexico exports to United States worth US$ 358,661 million, with a partner share of 77.85 percent.

Where do 80% of Mexico’s exports go?

The United States is by far Mexico’s most important export market for goods, with 80% of Mexican exports destined for the United States. Merchandise trade between the two countries increased exponentially since NAFTA entered into force.

What is Mexico’s main export to the US?

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.

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How much produce does the US import from Mexico?

Mexico is the biggest source of all agricultural imports for the U.S. In 2018, this included $5.9 million of fresh vegetables, $5.8 billion of fresh fruit, $3.6 billion of wine and beer, $2.2 billion of snack foods, and $1.7 billion of processed fruit and vegetables.

Which country does Mexico export to the most what is the percentage?

Mexico top 5 Export and Import partners

Exporter Trade (US$ Mil) Partner share(%)
United States 206,142 45.28
China 83,052 18.24
Japan 17,958 3.94
Germany 17,690 3.89

What is Mexico’s number 1 export?

Exports The top exports of Mexico are Cars ($53.1B), Computers ($32.4B), Vehicle Parts ($31.2B), Delivery Trucks ($26.9B), and Crude Petroleum ($26.6B), exporting mostly to United States ($361B), Canada ($21.3B), China ($8.86B), Germany ($8.73B), and Chinese Taipei ($6.98B).

What does the US get from trading with Mexico?

In 2020, Mexico was the second-largest supplier of foreign crude oil to the United States, as well as the largest export market for U.S. refined petroleum products and U.S. natural gas. Other top U.S. exports to Mexico include machinery, electrical machinery, vehicles, mineral fuels, and plastics.

Why does the US trade with Mexico?

The U.S.-Mexico bilateral economic relationship is of key interest to the United States because of Mexico’s proximity, the extensive cultural and economic ties between the two countries, and the strong economic relationship that developed over the past 26 years under the North American Free Trade Agreement (NAFTA), …

Does Mexico export oil to the US?

Mexico sent 671,000 b/d of crude to the US in September plus another 143,000 b/d of residual fuel and unfinished heavy gasoil, according to data from the US Energy Information Administration, and is on track to become the number two supplier of crude and oil products to the US for a third year in a row.

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What is Mexico’s biggest commodity?

Mexico’s Top Exports

  • Crude petroleum – $9.78 billion.
  • Gold – $4.82 billion.
  • Refined petroleum – $2.82 billion.
  • Copper ore – $2.47 billion.
  • Silver – $1.81 billion.

Does Mexico import or export more?

U.S.-Mexico Trade Facts

Mexico is currently our largest goods trading partner with $614.5 billion in total (two way) goods trade during 2019. Goods exports totaled $256.6 billion; goods imports totaled $358.0 billion.

What are the top three US agricultural exports to Mexico?

Mexico is among the top export markets for U.S. major ag commodities: o No. 1 for corn, dairy, soybean meal, poultry, and turkey; o No. 2 for soybeans, pork, processed foods, wheat, barley, and DDG; o No.

What is the most imported product in USA?

Searchable List of America’s Most Valuable Import Products

Rank US Import Product 2020 Value (US$)
1 Cars $145,659,382,000
2 Computers, optical readers $104,948,207,000
3 Phone system devices including smartphones $102,547,452,000
4 Medication mixes in dosage $95,175,568,000

What 10 products Does Mexico import the most from the US?

Top 10

  • Electrical machinery, equipment: US$82.9 billion (21.6% of total imports)
  • Machinery including computers: $65.9 billion (17.2%)
  • Vehicles: $32.1 billion (8.4%)
  • Mineral fuels including oil: $25.1 billion (6.6%)
  • Plastics, plastic articles: $21.9 billion (5.7%)

Who does the US trade with most?

List of the largest trading partners of the United States

Rank Country/District Total Trade
World 3,888,236
European Union 717,902
1 China 635,364
2 Canada 581,584

Who does Mexico import the most from?

The biggest import partners of Mexico are the United States (48.97%), China (16.56%), Japan (4.39%), Germany (3.44%), and South Korea (3.44%).

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