Mexico
North America
Trade in Mexico
| Mexico was the world’s 13th largest exporter of goods and 35th largest exporter of commercial services in 2022. Export values were $577.74 billion and $36.03 billion USD respectively. Mexico’s top export category was Manufactures, followed by Machinery and transport equipment, and Transport equipment. In 2022, Mexico’s main export destination markets for goods and services trade were to United States, Canada and China, with trade representing 88.11 per cent of GDP. In terms of imports, Mexico is the world’s 13th largest importer of goods and 29th largest importer of commercial services. Import values were $626.32 billion and $46.80 billion USD respectively in 2022. Mexico’s top import category was Manufactures, followed by Machinery and transport equipment and Office and telecom equipment. Leading import partners were United States, China and Korea, Republic of. Mexico is part of 23 different Regional Trade Agreements, including Argentina – Mexico and Brazil – Mexico. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Mexico |
Abbreviation |
MX |
Capital |
Mexico City |
WTO Membership Date |
1 January 1995 |
Legal System |
civil law system with US constitutional law influence; judicial review of legislative acts |
Language |
Spanish (de facto) |
Number of Time Zone(s) |
4 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Mexican peso |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Government MSME Agency |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Last Reviewed: June, 2024
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