What Is Mexico’S Number One Export?

What does the US import from Mexico?

How Much Does the U.S.

Import From Mexico?Electric Machinery and Equipment.

Nearly $64 billion of U.S.

imports in 2018 were smaller electric appliances like phones, televisions, vacuum cleaners, and parts.

Machinery and Mechanical Appliances and Parts.

Agricultural Products.

Mineral Fuels.

Medical Instruments..

What does Mexico produce more than any other country?

1 export is manufactured products. It also exports silver, fruits, vegetables, coffee, and cotton. Mexico is the world’s eighth largest producer of oil, at almost 3 million barrels per day. This is less than Canada, Iran, or Iraq but more than other big exporters such as Kuwait, Brazil, or Nigeria.

Who is Mexico’s largest export partner?

The United StatesThe United States is Mexico’s largest trading partner, buying 77.5% of Mexican exports in 20121.

What are Mexico’s main exports?

Among Mexico’s major exports are machinery and transport equipment, steel, electrical equipment, chemicals, food products, and petroleum and petroleum products. About four-fifths of Mexico’s petroleum is exported to the United States, which relies heavily on Mexico as one of its principal sources of oil.

What is Mexico’s main source of income?

Mexico has the ninth-largest economy in the world. Its main industries are food and beverages, tobacco, chemicals, iron and steel, petroleum, clothing, motor vehicles, consumer durables, and tourism. It is a major exporter of silver, fruits, vegetables, coffee, cotton, oil and oil products.

What does Mexico import from the United States?

Mexico is the second-largest agricultural export market for the United States, importing USD 19.2 billion in U.S. agricultural products, including corn, soybeans, dairy, pork and beef products in 2019. Both countries have over USD 144 billion in bilateral, reciprocal foreign direct investment (FDI).

What does China export to Mexico?

Mexico has been in the demand of various refined petroleum products such as gasoline, diesel oil, light oil among other products. China has been exporting these products in large quantities and the costs of these products depend on the commodity in question as prices do vary from one petroleum product to the other.

What goods are traded between the US and Mexico?

The top categories include machinery, at $43 billion in exports, electrical machinery, at $41 billion, mineral fuels, at $27 billion, and plastics, at $17 billion. Vehicles are also a major export category, accounting for about $21 billion worth of exports to Mexico in 2017.

What is Mexico’s number one food export?

CornCorn is Mexico’s No. 1 agricultural import from the U.S., followed by soybeans and pork. Mexico is among the top export markets for U.S. major ag commodities: o No.

What are the top 3 Exports of Mexico?

Mexico’s Top ExportsCrude petroleum – $9.78 billion.Gold – $4.82 billion.Refined petroleum – $2.82 billion.Copper ore – $2.47 billion.Silver – $1.81 billion.

What food does Mexico export to the US?

Leading categories include: corn ($2.3 billion), soybeans ($1.4 billion), dairy products ($1.3 billion), pork & pork products ($1.3 billion), and beef & beef products ($1.1 billion).

What does Mexico sell to other countries?

Economy of MexicoStatisticsExport goodsmanufactured goods, electronics, vehicles and auto parts, oil and oil products, silver, plastics, fruits, vegetables, coffee, cotton, silverMain export partnersUnited States(+) 80.3% Canada(+) 2.7% China(-) 1.5% Spain(+) 1.5% Brazil(+) 1.2% (2019 est.)38 more rows

What are the top 3 exports?

These are the top US exportsTop U.S. goods exports.Food, beverage and feed: $133 billion. … Crude oil, fuel and other petroleum products: $109 billion. … Civilian aircraft and aircraft engines: $99 billion. … Auto parts, engines and car tires: $86 billion. … Industrial machines: $57 billion.Passenger cars: $53 billion. … Pharmaceuticals: $51 billion.More items…•

What is Mexico’s number one import?

Searchable List of Mexico’s Most Valuable Import ProductsRankMexico’s Import Product2019 Value (US$)1Processed petroleum oils$29,249,375,0002Automobile parts/accessories$27,159,357,0003Integrated circuits/microassemblies$21,311,180,0004Phone system devices including smartphones$13,630,285,0006 more rows•Dec 6, 2020

What products are made in Mexico?

In fact, many of today’s products are made in Mexico.TVs and Electronics. From Ultra HD TVs to digital LCD signage, Mexico is a top producer of televisions, screens, and other electronics, for both home and commercial use. … Tools. … Candy. … Toothpaste. … Appliances. … NASA Jumpsuits. … Ink and Printers. … Aerospace Components.More items…•