Published On: Mon, May 9th, 2016

Mexico is one of the most important trading partners of 28 out of the 50 U.S. states

Share This
Tags

For 28 of the 50 U.S. states, Mexico is the first or second most important trading partner, according to data from the American Census Bureau.

For example, Mexico exported $94.5 billion USD to Texas in 2015, and the Lone Star State was the most important customer for our country, with 38 percent of its total sales abroad.

California, which is the most active U.S. state in foreign trade, exported a total of $16.8 billion USD, which meant 16 percent of its 2015 exports.

The other two states that feature Mexico as their main trading partner are: Arizona, with $9.1 billion USD and 41 percent of its total exports; and New Mexico, with $1.6 billion USD and 45 percent of its total exports.

The following states have Mexico in second place as main trading partner:

  1. Michigan, $11.1 billion USD
  2. Illinois  $9  billion USD
  3. Ohio  $6.4 billion USD
  4. Louisiana  $5.8 billion USD

“Mexico has failed to explain how important it is for the United States, and therefore the average American citizen believes that the trade ties between these two countries can be broken just like that,” said Fernando Ruiz Huarte, director of the Mexican Business Council for Foreign Trade (Consejo Mexicano de Comercio Exterior: COMCE).

fernando ruiz huarte

Fernando Ruiz Huarte, director of the Mexican Business Council for Foreign Trade (Consejo Mexicano de Comercio Exterior: COMCE) (Photo: Google)

“Mexico is the third most important supplier to the US, with exports of up to $294.7 billion USD, just last year”.

“If we only consider manufacturing, Mexico is the second most important supplier to the U.S. with $257.1 billion USD annually, and is currently the U.S. leading supplier of automobiles and auto parts, medical and optical instruments, and manufacture of precious metals”.

“However, despite all this factual data, Donald Trump’s presidential campaign has focused to make Mexico be perceived more as an enemy to the economy than as a crucial partner, even if it totally lacks base. We think there may be negative effects in the image of our country in the United States with the candidate’s speech”, said Ruiz Huarte.

He noted that, even if Trump wins the presidency, there will not be a breakup between the two nations, since there are a number of trade agreements and commitments that unite both economies.

Ruiz Huarte also noted that both countries have made considerable efforts to diversify exports, including free trade agreements and commerce facilitation, so there will always be ways to keep doing exports.

 

Source: http://nortedigital.mx/

Corpofaciales

corpofaciales-down

Comments

comments

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>