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If the peso depreciates, it means it will be easier to export items from Mexico and in turn it will be harder for items to be imported into Mexico.

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13y ago

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What country is Mexico's main trade partner?

The United States is Mexico's main trade partner, both in terms of exports as well as imports; it is the destination of 81% ($303 billion) of Mexico's exports, and it is the origin of 47% ($180 billion) of Mexico's total imports (2016).


Mexico imports more than exports?

Yes, Mexico has a trade deficit of about USD$17.3 billion. For 2008, Mexico exports were worth $291.3 billion, while imports summed up some $308.6 billion.


What is a Mexico trading buddy?

The United States is the single largest trading partner for Mexico, both for exports (78%) as well as imports (50%). Other important trading partners include Canada and Spain (exports), as well as China and Japan (imports).


What is the value of us exports and imports to Canada and Mexico since north American free trade agreement been formed?

During 1997, Canadian exports and imports to and from Mexico accounted for CAD$1,277 and CAD$7,022 million, respectively. During 2007, the same figures accounted for CAD$4,519 and CAD$15,831 million. This means between 1997 and 2007, exports from Canada into Mexico have increased 354% and imports from Mexico into Canada have increased 225%.


Is Texas the number one trading economy with Mexico?

Yes. Texas accounts for US$72.6 billion in exports or 35.1% of total exports from the United States into Mexico. Conversely, Texas imports from Mexico are of US$78.9 billion, or 29.8% of the total imports from that country. From Mexican perspective, products imported from Texas account for 23.6% of total Mexican imports, while Mexican products exported into Texas account for 27% of total exports from Mexico into the world.


Where does Mexico rank in trading with the US?

For Mexico, the United States is the biggest trade partner, both for imports (55.5%) as well as for exports (76.5%).For the United States, Mexico is the second recipient of its exports (11.7%), behind Canada (21.4%). As for imports, Mexico rates third (10.6%), behind China (16.9%) and Canada (15.7%).


Is the US Mexico's biggest trading center?

For Mexico, the United States is the biggest trade partner, both for imports (55.5%) as well as for exports (76.5%).For the United States, Mexico is the second recipient of its exports (11.7%), behind Canada (21.4%). As for imports, Mexico rates third (10.6%), behind China (16.9%) and Canada (15.7%).


What is the percent of trade of imports and exports with Mexico?

In the world? As part of its imports/exports? As part of its production? You should be more specific. Mexican catch during 2009 equaled 882,256 metric tons. That is roughly 1.3% of the world's catch for that same year.


Trade agreement on imports and exports from the US to Canada and Mexico?

The North American Free Trade Agreement (NAFTA)


Why is the US the most valued partner for Mexico?

Because 76.5% of its exports go to the United States; conversely, 55.5% of Mexico's imports come from the US.


How does Canada connect to the world through food?

Through Exports, Research and Imports. Exports are over $20 Billion a year, Imports over $13 Billion a year. About half our exports are to the USA but others include Japan, Europe, China, Mexico, India, Russia and the Middle East.


Which of Mexico's neighbors is its major trading partner?

The United States qualifies as such. 78.2% of Mexico's exports and 48.7% of its imports go and come from the United States, respectively.