mexico trade statistics

Other Free Trade Agreements. Merchandise Trade summary statistics data for Mexico (MEX) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as … MEMBER INFORMATION. Merchandise Trade summary statistics data for Mexico (MEX) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as … Table reflects only those months for which there was trade. New Mexico Trade Statistics. Mexico. Besides NAFTA, Mexico has other Free Trade Agreements (FTA’s) with over 40 countries world-wide, including The European Union and Japan. This page gathers key information on Mexico's participation in the WTO. The United States is also the source of about one-half of Mexican imports and the destination for some four-fifths of the country’s exports. Preliminary data revealed that GDP contracted at a softer annual pace in Q3 than in Q2 as activity gradually recovered from the Covid-19 blow. Mexico Economic Growth Economic activity will plummet this year due to the coronavirus fallout, before bouncing back to growth in 2021 as demand revives. In 2014, bilateral trade between the EU and Mexico grew by 3.2%, reaching nearly USD 65 billion compared to USD 63 billion in 2013. Import & export values, volumes, growth rates, market shares, etc. As the North American Free Trade Agreement negotiations unfold, there is a lot of loose talk being exchanged about automobile parts going back and forth among the United States, Canada and Mexico. The country mainly exports vehicles and their parts, automatic data processing machines, mineral fuels, oil and machinery. In 2017 the EU was Mexico's second-biggest export market after the US. In 2018 Mexico imported $416B, making it the number 13 trade destination in the world. The global financial crisis in late 2008 caused a massive economic downturn in Mexico the following year, although growth returned quickly in 2010. Since the 1994 crisis, administrations have improved the country's macroeconomic fundamentals. The International Trade Statistics Yearbook: Volume I – Trade by Country and Volume II – Trade by Product provide an overview of the latest trends of trade in goods and services showing country and product profiles of international trade, respectively. All the information of Mexico Import Trade Data is obtained from Mexico Customs Authority. Mexico is currently our 3rd largest goods trading partner with $611.5 billion in total (two way) goods trade during 2018. Organisation for Economic Co-operation and Development (OECD), Snapshot of data for a fixed period (data will not change even if updated on the site). Our free newsletter about Mexico brings you a monthly round-up of recently published stories and opportunities, as well as gems from our archives. Mexico crime rate & statistics for 2017 was 24.80, a 28.5% increase from 2016. In 2018, the EU was Mexico's second-biggest export market after the US. The first tab shows the volume of goods traded by each country. Population, Annual growth rate (%), 2018, Income inequality, 0 = complete equality; 1 = complete inequality, latest available year, Mathematics performance (PISA), Mean score, 2018 On a quarterly basis, the economy rebounded vigorously, growing at the sharpest rate on record. The below data is only a snapshot of CBP's critical trade mission. As per Mexico trade statistics, Mexico’s total exported commodities represent about 18% of its overall Gross Domestic Product for 2019. Total Imports (2018) $464,268,470,340. Please note that the Census provides trade data by country for goods only, not services. Find qualified detailed Mexico imports and exports data provided by Mexico government customs on NCB DATA. Mexico is a large source, transit, and destination country for victims of human trafficking. Information generated by the Institute and other dependencies of … Mexico has a thriving electronics industry, the sixth largest in the world. According to Mexico trade statistics, 73.3% of total commodities imported by the country were purchased from these top 5 countries in 2019. Details may not equal totals due to rounding. Mexico’s exports rely heavily on supplying the U.S. market, but the country has also sought to diversify its export destinations. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. Mexico and the WTO. The United States is also the source of about one-half of Mexican imports and the destination for some four-fifths of the country’s exports. Mexico in your inbox. Mexico’s trade with the United States fell 15.07 percent, from $517.71 billion to $439.68 billion through the first 10 months of 2020 when compared to the same period the previous year, according to a WorldCity analysis of latest U.S. Census Bureau data. Mexico crime rate & statistics for 2014 was 16.10, a … Lack of Human Capital is Holding Back Latin America’s Growth. The complete list of HS codes and sectors that must comply with PROSEC can be found in Annex 10 of the 2018 General Rules for Foreign Trade via the Mexican Tax Administration Service’s website. Trade Map - free access to world trade data (on a monthly, quarterly and yearly basis) by country, product and service, to the most detailed level . Economic Indicators for Mexico including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Mexico … Search Documents Online These links open a new window: allow a moment for the results to appear. The largest export growth was seen in wheat and dairy products, up $150 million and $148 million, respectively. Mexico Global Economic Prospects examines trends for the world economy and how they affect developing countries. Find all indicators on Innovation and Technology. In 2019, Mexico was the second largest destination for U.S. agricultural exports, which totaled $19.2 billion, a less than one percent increase from 2018. Next release: January 7, 2021 Complete Release Schedule By transforming the large volume of primary trade data into an accessible, user-friendly, web-based format, Trade Map provides indicators on export performance, international demand, alternative markets and the role of competitors. terms between partnering countries that loosen or eliminate tariffs on goods and services being transported across regional lines The WTO provides quantitative information in relation to economic and trade policy issues. Trade statistics for international business development Monthly, quarterly and yearly trade data. Mexico - Mexico - Trade: The United States is Mexico’s most important trading partner, and U.S.-based companies account for more than half of Mexico’s foreign investment. The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. International Trade by Commodity Statistics Volume 2020 Issue 1 Publication (2020) Revenue Statistics in Latin America and the Caribbean 2020 Publication (2020) OECD Territorial Reviews: Hidalgo, Mexico Publication (2019) Mexico’s main declining export categories were mineral fuels & oils (-10.6%), furniture, bedding, lighting (-2.8%) and electrical machinery & equipment (-1.2%). The United States is the largest supplier of agricultural goods to Mexico, holding a 69 percent market share. Our database has more than 130 million traceable companies, allows you to quickly find buyers and suppliers who export the exact targets you need, also including key decision makers name, email, phone, social media, etc... At the same time, we also send potential customers in the supply chain, such as factories, distributors, engineering companies and shopping malls. Electrical and optical equipment, machinery, footwear and textiles are among the sectors where the U.S. has imposed high tariffs on China and where Mexico competes with China for market share. goods and services trade with Mexico totaled an estimated $671.0 billion in 2018. The dashboard should have a minimum width of 768px to be displayed properly. Exports were $299.1 billion; imports were $371.9 billion. Trade Balance (2018) ($13,736,819,095) Exports of goods and services (% of GDP) (2019) [2] 39.06%. Science performance (PISA), Mean score, 2018, Air and GHG emissions, Carbon dioxide (CO2), latest available year, Gross domestic product (GDP), US dollars/capita, 2019. in the Mexico market, ahead of your competitors and know yourself more, Copyright © 2019 MeritData.All Rights Reserved Shanghai NCB Consultation Co., Ltd. 沪公网案备 31011502005011号. Learn global trade by data, stay ahead of the competition. Mexico with the United States and Canada signed a treaty, the North American Free Trade Agreement (NAFTA), which came into force 1st Jan 1994. Left-leaning antiestablishment politician and former mayor of Mexico City (2000-05) Andres Manuel LOPEZ OBRADOR, from the National Regeneration Movement (MORENA), became president in December 2018. Trade Map is free to use and provides trade statistics and market access information for export development. Government and NGO statistics indicate that the magnitude of forced labor surpasses that of forced prostitution in Mexico. Mexico Customs Import Data covers Mexican Importer, Foreign Supplier and Other Shipping details in Database. Table reflects only those months for which there was trade. In Trumpian terms, the latest trade statistics show Mexico is winning and the US is losing. The most recent imports of Mexico are led by Refined Petroleum ($31.3B), Vehicle Parts ($27.4B), Office Machine Parts ($16.8B), Cars ($10.5B), and Computers ($7.49B). International Trade by Commodity Statistics Volume 2020 Issue 1 Publication (2020) Revenue Statistics in Latin America and the Caribbean 2020 Publication (2020) OECD Territorial Reviews: Hidalgo, Mexico Publication (2019) Population, Million persons, 1998-2018 The report underlines that trade in services — ranging from distribution to financial services — can help countries boost ec… Trade conflicts between the U.S. and China have also been a factor behind Mexico’s recent export performance. The Mexico Vision 2030 outlines the main long-term objectives of national policies in Mexico envisaging a safe and prosperous country, with a competitive and environmentally sustainable economy and equal opportunities for all. Details may not equal totals due to rounding. Mexico ranks 15th among the EU's trade partners (16th in exports and 21stin imports). Trade and tariff data. The top import sources of Mexico are – United States (USD 206.1 billion), China (USD 83.0 billion), Japan (USD 17.9 billion), Germany (USD 17.6 billion) and South Korea (USD 17.5 billion). This dashboard provides interactive data on the value and weight of shipments by U.S. trade with Canada and Mexico by commodity and U.S. port of entry or exit. However, Mexico has a comparatively high integration in GVCs as measured by the import content of exports. Trade Diversion to Mexico. STATISTICS. 1200 Million Buyers List Expand More Potential Customers Quickly. Mexico Economic Outlook. Use this code to embed the visualisation into your website. The U.S. goods and services trade deficit with Mexico was $72.7 billion in 2018. Landing page for data and research offerings. Mexico is considered to be an upper middle-income country. During January 2019, 4.3 births and 1.9 deaths are expected worldwide every second. Port and Commodity. Other destinations for Mexican … NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. The chart below shows the trade for the top five U.S. trading partners as of 2019. According to the Office of the United States Trade Representative, U.S. goods and services trade with Mexico reached a total of nearly $616 billion in … Trad… Mexico has been a WTO member since 1 January 1995 and a member of GATT since 24 August 1986. The second tab shows the deficits. International Coffee Organization 222 Gray's Inn Road, London WC1X 8HB Tel: +44 (0)20 7612 0600 Fax: +44 (0)20 7612 0630 Email: web@ico.orgweb@ico.org November 10, 2020. Total Exports (2018) (Origin of Movement) $3,656,825,525: Total Imports (2018) Use this code to embed the country dashboard into your website. Mexico’s Top 5 Import Partners. Mexico Vision 2030. Its data-bases and publications provide access to data on trade flows, tariffs, non-tariff measures (NTMs) and trade in value added. In January 2017, the list of PROSEC programs was updated. MEXICO TRADE AND INVESTMENT STATISTICAL NOTE One-fifth (20% in 2014) of economic activity (GDP) in Mexico depends on foreign markets, one of the lowest values in the OECD. October 2020 Trade in Goods and Services. Total Exports (2018) (Origin of Movement) $3,656,825,525: Total Imports (2018) TradeImeX provides Mexico Import Data based on Declaration Bill. See the TPR gateway for explanations and background. Almost $616 Billion in 2017 . The economy of Mexico is a developing market economy. But economists and experts say bilateral trade balances make for a bad scorecard. The International Trade Statistics Yearbook: Volume I – Trade by Country and Volume II – Trade by Product provide an overview of the latest trends of trade in goods and services showing country and product profiles of international trade, respectively. Latest available data for a fixed period, © Trade Policy Reviews of Mexico . During the last five reported years the imports of Mexico changed by $50.1B from $366B in 2013 to $416B in 2018. Mexico import data shows Mexico is the 12th biggest importer country globally and second in the North America.Mexico’s purchases of goods valued USD 467.2 billion in 2019, a marginal rise of 0.6% from the previous year. That said, significant risks remain, including subdued sentiment constraining household and capital spending, uncertainty surrounding the course of the pandemic, and the lack of significant fiscal relief measures hindering the recovery. Organisation for Economic. Mexico is the 9th largest export economy in the world and the 21st most complex economy according to the Economic Complexity Index (ECI). Computers, televisions, mobile phones, circuit boards are some of the top items manufactured in the country. In 2019, two-way trade in goods totaled $614.5 billion. Mexico is the United States’ second largest trading partner and second-largest export market (after Canada). Economic Indicators for Mexico including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Mexico … Mexico crime rate & statistics for 2015 was 16.50, a 2.48% increase from 2014. Trade Map is free to use and provides trade statistics and market access information for export development. In 1990, Latin America’s average GDP per capita was a little over a quarter of the United States’ income level, while emerging and developing Asian countries’ GDP per capita was only 5 percent. Other trade advantages of Mexico include its free-trade agreement with the European Union since 2000, a trade agreement with Japan since 2005 and the 2012 foundation of the Pacific Alliance along with Colombia, Chile and Peru. Direct investment is inward orientated for Mexico, and, in 2015, inward U.S. cross-border traffic with North American Free Trade Agreement partners Mexico and Canada via truck and rail was up 8.3 percent from $69.17 billion in April 2012 to roughly $75 billion this April, according to data from the U.S. Bureau of Transportation Statistics. In contrast, trade with Mexico represents only about one-tenth of total U.S. trade. Mexican companies must be registered under this program to participate. Mexico had a total export of 450,531,651.25 in thousands of US$ and total imports of 464,268,470.34 in thousands of US$ leading to a negative trade balance of -13,736,819.10 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Mexico is 1.21% and the Most Favored Nation (MFN) Weighted Average tariff is 3.93%.The trade growth is 4.77% compared to a world growth … Mexico’s trade with the United States fell 15.07 percent, from $517.71 billion to $439.68 billion through the first 10 months of 2020 when compared to the same period the previous year, according to a WorldCity analysis of latest U.S. Census Bureau data. Filtered by products, shipment dates, ports, industry, etc., you can quickly search Mexico trade statistics to learn about Mexico trade market. The U.S. goods trade deficit with Mexico was $81.5 billion in 2018. Considering the January-October period, the country recorded a USD 25.18 billion surplus. Find qualified detailed importers and exporters in seconds, Advanced search on 10 billion shipment records; Confirm whether shipments are going up or down; Use data to determine health of a company, Detailed charts and data views for Mexico, More than 19 professional reports, used to analyze buyers, suppliers, product sales distribution, etc. The projected world population as of 2019 is 7.7 billion people. Mexico is highly dependent on foreign trade, which represented 77.6% of its GDP in 2018 (World Bank, latest available data). Goods exports totaled $265.0 billion; goods imports totaled $346.5 billion. Official page of the INEGI where statistical, geographic and economic information is offered at a national level and by state. By transforming the large volume of primary trade data into an accessible, user-friendly, web-based format, Trade Map provides indicators on export performance, international demand, alternative markets and the role of competitors. (U.S. Census Bureau, February 2019) The WTO in their 2019 World Trade Report, sees an increasing role for services trade and a need for global cooperation. It is the 16th largest in the world in nominal terms and the 11th largest by purchasing power parity, according to the International Monetary Fund. The U.S. goods trade deficit with Mexico was $81.5 billion in 2018, a 14.9% increase ($10.6 billion) over 2017, according to official data. Reading performance (PISA), Mean score, 2018 Imports of goods and services (% of GDP) (2019) [2] 39.11%. Imports Exports Solutions Provider. GLOBAL IMPORTS & EXPORTS TRADE FLOW INFORMATION SYSTEM AND INTERNATIONAL TRADE CONSULTING. It summarizes CBP's revenue collection efforts; implementation of the recent trade remedies taken pursuant to Section 232 of the Trade Expansion Act of 1962 and Sections 201 and 301 of the Trade Act of 1974; and trade enforcement actions. New Mexico Trade Statistics. 2020 : U.S. trade in goods with Mexico . U.S.-Mexico Trade FactsU.S. Deficit: $63.1 Billion Exports: $182.0 Billion Imports: $245.1 Billion. Human trafficking is the trade of humans, most commonly for the purpose of forced labour, sexual slavery, or commercial sexual exploitation for the trafficker or others. Both exports and imports grew around the same rate (3.2% for Mexican exports and 3.3% for Mexican imports). Mexico. Balance of Trade in Mexico averaged -242.80 USD Million from 1980 until 2020, reaching an all time high of 6224 USD Million in October of 2020 and a record low of -4625.28 USD Million in January of 2019. 2020 : U.S. trade in goods with NAFTA with Mexico (Consump) NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Mexico crime rate & statistics for 2016 was 19.30, a 16.97% increase from 2015. Copy the URL to open this chart with all your selections. , oil and machinery well as gems from our archives allow a moment for the five. 3Rd largest goods trading partner with $ 611.5 billion in 2018, the list of programs... Major macroeconomic indicators, including commodity and financial markets Q3 than in as. Goods exports totaled $ 614.5 billion goods to Mexico, Holding a 69 percent market share imports totaled $ billion. Victims of Human Capital is Holding Back Latin America ’ s growth goods trade during 2018 3.3! 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