Реферат: Mexico And International Trade Essay Research Paper

The Mexican automobile industry is slowly strengthening its foothold in the international market. This trend can be attributed to government policies geared toward global competitiveness and adjustments made by multinational companies to change in technology and production methods.

In 1980, Mexico was producing 490,000 motor vehicles whereas the production had risen to 821,000 units in 1990. This represents an increase of almost 100%.

Mexico’s main trading partners

In 1993, Mexico’s imports accounted for US$65,366,500,000 divided as follow:

- manufactured products 94.2%

- food and food products 4.2%

- Minerals and minerals products 0.6%.

On the other side, its exports accounted for US$60,882,000,000, with:

- metallic products, machinery, and equipment 58.0%

- crude petroleum 12.2%

- metal and metal products 6.3%

- Processed food, beverages and tobacco 3.3%.

Evolution of Exports and Imports since NAFTA:

If Mexico’s Trade Balance was still in deficit in 1997, the situation has greatly improved since1995 as the deficit has decreased of 40%.