Mexico's Ministry of Economy declared that 80% of Mexico's commercial volume with the U.S. is concentrated in intermediate products (56%) and capital goods (24%). 75% of Mexico's exports are materials for production processes in the U.S. Mexico's exports to the U.S. during 2016 were valued at nearly US$303 billion (US$95 billion were capital goods and US$131 billion were intermediate goods). A high percentage of imports coming from the U.S. are materials for Mexico's manufacturing production, commented Kenneth Smith Ramos, director of the NAFTA office at the Mexican Embassy in Washington.

Login to Digital Content

Subscribe to our Newsletter Bulletin