What is the US main export to Mexico?

What is the US main export to Mexico?

Top U.S. product exports include electronics, vehicles, fuels, minerals, plastics, and machinery. Mexico is the second-largest agricultural export market for the United States, importing USD 19.5 billion in U.S. agricultural products, including corn, soybeans, dairy, pork and beef products in 2018.

What does the US import to 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.

How much of Mexican trade is with the US?

It also ranks second, after China, among suppliers of U.S. imports. 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.

How much food does the US export to Mexico?

Most US agricultural exports to Mexico are $5.6 billion worth pork and other animal products, corn and grains worth $5.2 billion, and soybeans and other oilseeds worth $3 billion.

What is Mexico’s biggest export?

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.

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.

Is Mexico the US biggest trading partner?

U.S.-Mexico Trade Facts The U.S. goods and services trade deficit with Mexico was $98.5 billion in 2019. Mexico is currently our largest goods trading partner with $614.5 billion in total (two way) goods trade during 2019.

What is Mexico’s largest food export?

The most important export crops are sugar, coffee, fruits and vegetables, most of which are exported to the United States. The most important animal feed crop is alfalfa followed by sorghum and corn.

How much money does Mexico make from exports?

Yearly Exports In 2019, Mexico exported a total of $480B, making it the number 9 exporter in the world. During the last five reported years the exports of Mexico have changed by $77.7B from $403B in 2014 to $480B in 2019.

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 would be a good product to export to Mexico?

The most popular products coming from Mexico are tin,gold,and sugar.The most popular products Mexico is importing are tobacco and nuclear fuel.A good type of product to export to Mexico would be products used to stop smoking,like Nicorette.

What percent of oil does the US import from Mexico?

Crude oil accounts for most U.S. energy imports from Mexico, averaging 665,000 barrels per day (b/d) in 2018. In 2018, Mexico was the source of 9\% of U.S. imported crude oil, behind only Canada and Saudi Arabia.

What are the main products that Mexico exports?

Mexico has an export oriented economy. Mexico’s main exports are manufactured products (89 percent of total shipments) and oil and oil products (6 percent).

What are the major imports and exports of Mexico?

Mexico’s main exports are manufactured products (89 percent of total shipments) and oil and oil products (6 percent). Among manufactured products, metallic, machinery and equipment is the major category (69 percent) and automobiles account for around 31 percent of total sales.