Trade International trade 135px World Trade Center in Mexico CityExports US $248.8 billion f.o.b. (2006)Imports US $253.1 billion f.o.b. (2006)Current account US $400.1 million (2006)Export partners US 90.9%, Canada 2.2%, Spain 1.4%, Germany 1.3%, Colombia 0.9% (2006)Import partners US 53.4%, China 8%, Japan 5.9% (2005) Mexico is a trade-oriented economy, with imports and exports totaling a 78% share of the GDP in 2019. It is an important trade power as measured by the value of merchandise traded, and the country with the greatest number of free trade agreements. In 2020, Mexico was the world's eleventh largest merchandise exporter and thirteenth largest merchandise importer, representing 2.4% and 2.2% of world trade, respectively (and those rankings increased to 7th and 9th if the EU is considered a single trading entity). From 1991 to 2005, Mexican trade increased fivefold.With data as reported by INEGI at http://www.inegi.gob.mx Mexico is the biggest exporter and importer in Latin America; in 2020, Mexico alone exported US$417.7 billion, roughly equivalent to the sum of the exports of the next 5 largest exporters (Brazil, Chile, Argentina, Peru, and Colombia).
Trade International trade 135px World Trade Center in Mexico CityExports US $248.8 billion f.o.b. (2006)Imports US $2531 billion f.o.b. (2006)Current account US $400.1 million (2006)Export partners US 90.9%, Canada 2.2%, Spain 1.4%, Germany 1.3%, Colombia 0.9% (2006)Import partners US 53.4%, China 8%, Japan 5.9% (2005) Mexico is a trade-oriented economy, with imports and exports totaling a 78% share of the GDP in 2019. It is an important trade power as measured by. the value of merchandise traded, and the country with the greatest number of free trade agreements. In 2020, Mexico was the world's eleventh largest merchandise exporter and thirteenth largest merchandise importer, representing 2.4% and 2.2% of world trade, respectively (and those rankings increased to 7th and 9th if the EU is considered a single trading entity). From 1991 to 2005, Mexican trade increased fivefold.With data as reported by INEGI at http://www.inegi.gob.mx Mexico is the biggest exporter and importer in Latin America; in 2020, Mexico alone exported US$417.7 billion, roughly equivalent to the sum of the exports of the next 5 largest exporter.s (Brazil, Chile, Argentina, Peru, and Colombia)