NAFTA Works. MEXICO x. United States Trade Highlights. United States's Exports to Mexico (Millions of US Dollars)

Transcription

1 NAFTA Works MEXICO x Trade 's Exports to Mexico (Millions of US Dollars) Highlights In, 's exports to Mexico reached $230,959 million, an increase of $189,324 million from their level in ,635 50,840 46,311 56,761 71, ,010 87, , ,509 97,470 97, , , , , , , , , , , , , ,959 's exports to Mexico have grown at an annual average rate of 7.7% in the 23 years of NAFTA. In, the exports to Mexico decreased by - 2% with respect to the previous year. Since NAFTA, 's exports to Mexico have increased by 454.7%, while those to the rest of the world rose 212.7%. This means that the export growth rate to Mexico is 2.14 times higher than its export growth rate for the rest of the world. Mexico is an important trade partner to. Among all countries, Mexico is ranked as the 2nd largest market for goods from in, up from 3rd in 1993, illustrating the impact of NAFTA for 's growing businesses. Mexico accounted for 15.9% of 's exports worldwide in. Source: US Census with adjustments made by the World Institute for Strategic Economic Research (Wiser), and SE-NAFTA by SIC, and NAICS

2 Composition of Exports to Mexico by Industry Percentage, NAICS Petroleum And Coal Products 16,688,703 Transportation Equipment Petroleum And Coal 14% Products 7% Chemicals 9% Computer And Electronic Products 19% Machinery, Except Electrical Chemicals Transportation Equipment Computer And Electronic Products 18,851,580 21,739,937 31,756,552 42,851,338 43% Machinery, Except Electrical 8% 99,070,988 Total 230,959,098 Most Dynamic Exports to Mexico by Industry Annual Growth Rate, NAICS Nonmetallic Mineral Products Agricultural Products Petroleum And Coal Products Oil And Gas Waste And Scrap Fish, Fresh, Chilled, Or Frozen And Other Marine P 2015 Source: US Census with adjustments made by the World Institute for Strategic Economic Research (Wiser), and SE-NAFTA by SIC, and NAICS

3 Mexico is a large market for products from Sorted by Exports to Mexico, total value in 1000s US dollars (NAICS) NAICS Description Exports to Mexico Exports to the World Mexico's Share Total 230,959,100 1,453,720, % to Mexico to the World 334 Computer And Electronic Products 42,851, ,120, % Transportation Equipment 31,756, ,188, % Chemicals 21,739, ,636, % Machinery, Except Electrical 18,851, ,537, % Petroleum And Coal Products 16,688,703 68,834, % Electrical Equipment, Appliances, And Component 16,313,324 56,960, % Fabricated Metal Products, Nesoi 10,650,958 44,660, % Plastics And Rubber Products 10,438,730 32,154, % Food And Kindred Products 10,016,485 61,512, % Primary Metal Manufacturing 9,623,400 51,821, % Agricultural Products 7,007,536 67,747, % Special Classification Provisions, Nesoi 6,765,433 42,506, % Miscellaneous Manufactured Commodities 5,183,612 78,401, % Paper 4,770,072 23,265, % Oil And Gas 3,361,913 21,421, % Source: US Census with adjustments made by the World Institute for Strategic Economic Research (Wiser), and SE-NAFTA by SIC, and NAICS

4 Mexico is a large market for products from Sorted by Exports to Mexico, total value in 1000s US dollars (HS) HS Description Exports to Mexico Exports to the World Mexico's Share Total 230,959,100 1,453,720, % to Mexico to the World Parts & Accessories For Adp Machines & Units 10,866,809 15,509, % Lt Oils, Preps Gt=70% Petroleum/Bitum Nt Biodiesel 10,281,626 25,453, % Low Value Exp Shp; Canadian Est Late Receipts 6,462,204 33,110, % Oil (Not Crude) From Petrol & Bitum Mineral Etc. 5,976,708 38,561, % Parts And Accessories Of Motor Vehicles, Nesoi 3,670,905 10,462, % Processors And Controllers, Electronic Integ Circt 3,310,981 19,850, % Pts & Access Of Bodies Of Motor Vehicles, Nesoi 3,120,320 9,350, % Mach For Recp/Convr/Trans/Regn Of Voice/Image/D 3,046,866 18,843, % Automatic Data Processing Storage Units, N.E.S.O.I 2,814,360 5,841, % Civilian Aircraft, Engines, And Parts 2,670, ,784, % Corn (Maize), Other Than Seed Corn 2,603,444 10,049, % Gear Boxes For Motor Vehicles 2,545,631 6,776, % Compression-Igntn Int Combustion Piston Engine Etc 2,506,165 3,092, % Pt F Elect Appr F Elect Circt; F Elct Contrl Nesoi 2,468,071 4,197, % Articles Of Plastics, Nesoi 2,378,323 5,881, % Electronic Integrated Circuits, Nesoi 2,105,505 9,289, % Natural Gas, Gaseous 2,036,077 3,507, % Reception App For Tv Nt Designed To Inc Video Disp 1,787,618 1,929, % Elect Appr F Prtct To Elect Circt Nov 1000 V Nesoi 1,787,290 3,355, % Copper Ores And Concentrates 1,725,653 2,416, % Pass Veh Spk-Ig Int Com Rcpr P Eng > 3000 Cc 1,704,416 18,545, % Spark-Ignition Int Combustion Piston Eng Pts Nesoi 1,681,647 3,761, % Pass Veh Spk-Ig Int Com Rcpr P Eng >1500 Nov 3m 1,593,872 21,940, % Articles Of Iron Or Steel Nesoi 1,575,256 3,269, % Soybeans, Nesoi 1,462,600 22,868, % 25 5 Source: US Census with adjustments made by the World Institute for Strategic Economic Research (Wiser), and SE-NAFTA by SIC, and NAICS

5 Exports by Country Sorted by, total value in 1000s US dollars Canada 18% Japan 63,264,257 China 8% China Mexico 115,775, ,959,100 Canada 265,960,649 54% Mexico 16% Japan 4% 777,761,559 Total 1,453,720,687 Rank Share Description Annual %14-15 Total 1,621,171,618 1,502,572,230 1,453,720, % Canada 312,816, ,609, ,960, % Mexico 240,331, ,745, ,959, % China 123,620, ,071, ,775, % Japan 66,876,246 62,442,646 63,264, % United Kingdom 53,848,332 56,114,619 55,396, % Germany 49,370,318 49,970,804 49,361, % Korea, Republic Of 44,625,107 43,445,547 42,266, % Netherlands 43,130,781 40,196,156 40,377, % Hong Kong 40,910,891 37,167,023 34,907, % Belgium 34,780,528 34,159,980 32,270, Annual %15-16 These 10 countries account for 62.3% 63.6% 64.0% of the total Source: US Census with adjustments made by the World Institute for Strategic Economic Research (Wiser), and SE-NAFTA by SIC, and NAICS

6 Exports to Mexico by Port of Exit Sorted by, Total value in 1000s US Dollars 33% Santa Teresa, New Mexico 5% El Paso, Texas 13% Hildago, Texas 5% Hildago, Texas Santa Teresa, New Mexico Otay Mesa Station 10,420,505 10,754,393 15,106,363 El Paso, Texas 30,668,623 75,372,579 Laredo, Texas 88,636,637 Otay Mesa Station 7% Laredo, Texas 37% Total 230,959,100 Rank Description Annual %14-15 Annual %15-16 Total 240,326, ,377, ,959, Laredo, Texas 91,332,926 91,644,034 88,636, El Paso, Texas 30,988,235 30,607,675 30,668, Otay Mesa Station 14,331,982 14,469,107 15,106, Santa Teresa, New Mexico 9,875,869 10,299,358 10,754, Hildago, Texas 11,379,119 10,752,234 10,420, Nogales, Ariz. 10,591,302 11,493,487 10,250, Brownsville-Cameron, Tx. 9,198,951 8,148,221 8,166, Eagle Pass, Texas 7,761,584 8,006,959 8,118, Low Value Estimates Current 7,024,003 6,725,903 6,462, Calexico-East, Ca. 6,084,308 6,547,384 6,163, These 10 ports account for 82.6% 84.1% 84.3% of the total Source: US Census with adjustments made by the World Institute for Strategic Economic Research (Wiser), and SE-NAFTA by SIC, and NAICS