Mexico's largest trade partner is the United States. Oil exports from Mexico to the United States totaled US$26.7 billion for 2014, or 70% of total oil exports from Mexico. The second and third largest importers of Mexican oil include respectively, Spain ($5.3 billion or 12% of total oil exports) and India ($2.6 billion, or 7% of oil exports).
The United States buys about 60% of Mexico's oil, hope this helped...
Mexico is an American country that is directly to the south of the United States. Mexico is very rich on oil.
Yes.
Mexico is such country.
Mexico is an oil exporting country, so it does not need to import any oil. However, Mexico lacks the refining capacity to transform this oil into its derivatives, such as gasoline or diesel. Therefore, it uses oil refineries such as those found in Texas.
Mexico produces 2,602,000 barrels of oil per day while Venezuela produces 2,175,000. Mexico is a larger producer, by almost 19.6%
Mexico is by itself a country. It is the seventh largest oil producer in the world and third in North America, with 3.19 million oil barrels produced each day. If you mean what is the top oil producing country in in North America then that answer is the United States, with 8.51 million oil barrels a day, followed by Canada with 3.35.
oil.
The United States, which receives 75-80% of total Mexican oil exports.
it can improve a country economically as it is a fossil fuel and soon enough oil will run out and other countries will start bargaining for it meaning the country can sell it for a high price
Oil is a commodity many people want (for powering cars etc) so if your or your country own oil reserves, then when you mine the oil and sell it you can get good money for it making you or your country rich.
During 2013, Mexico exported US$45.9 billion, worth of crude oil, representing 13.16% of total exports.
Brazil, Mexico and Venezuela hold such distinction.