The economy of Mexico is the 15th largest in the world in nominal terms and the 11th largest by purchasing power parity, according to the International Monetary Fund. Mexico was the first Latin American member of the Organisation for Economic Co-operation and Development (OECD). As an export-oriented economy, more than 90% of Mexican trade is under free trade agreements (FTAs) with more than 40 countries, including the European Union, Japan, Israel, and much of Central and South America. The most influential FTA is the North American Free Trade Agreement (NAFTA), resultant into strong link between the economies of Mexico and NAFTA members.

Capital City: Mexico City

Currency: Mexican peso

Official language: Spanish

Population: 123.675.325

Natural resources: production of minerals such as silver, copper, bismuth, arsenic, lead and zinc.

Worldwide share in import(2015): 2.42

Total imports:
US$ 387.064.500.409,00

Top import Commodities: Metalworking Machines, Steel Mill Products, Agricultural Machinery, Metals, Repair Parts For Motor Vehicles, Aircraft And Aircraft Parts, Oil Production Equipment.

Top import Partners: United States (49.0%), China (16.6%), Japan (4.4%), Germany (3.4%), South Korea (3.4%).

Trade Organisations: APEC, NAFTA, OECD and WTO.

Top Ports: Altamira, Tamaulipas, Río Largartos, Progreso, Alvarado, Tamiahua, Barra de Tuxpan, Tecolutla, Tuxpan.

Worldwide share in export(2015): 2.31

Total exports:

US$ 373.904.302.643,00

Top export Commodities: Automobiles, Electronics, Televisions, Computers, Mobile Phones, LCDs, Oil and Oil Products, Silver, Fruits, Vegetables, Coffee, Cotton.

Top export Partners: United States (80.3%), Canada (2.7%), China (1.5%), Spain (1.5%), Brazil (1.2%) (2014 est.).

Trade Organisations: APEC, NAFTA, OECD and WTO.

Top Ports: Altamira, Tamaulipas, Río Largartos, Progreso, Alvarado, Tamiahua, Barra de Tuxpan, Tecolutla, Tuxpan.

Main movements of Mexico

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