You asked: Does Mexico have a trade deficit?

Does the US have a trade deficit or surplus with Canada?

The United States has a $12.5 billion trade surplus with Canada in 2016. Canada has historically held a trade deficit with the United States in every year since 1985 in net trade of goods, excluding services.

Does the US have a trade deficit or surplus with Japan?

The U.S. goods trade deficit with Japan was $55.4 billion in 2020. Trade in services with Japan (exports and imports) totaled an estimated $68.6 billion in 2020. Services exports were $38.0 billion; services imports were $30.6 billion. The U.S. services trade surplus with Japan was $7.4 billion in 2020.

Does China have trade deficit with any country?

Being an economy heavily reliant on export, China ranked first among countries with the highest trade surplus in 2019, followed by Germany and Russia.

Merchandise trade balance in China from 2010 to 2020 (in billion U.S. dollars)

Characteristic Trade balance in billion U.S. dollars
2020 535.37
2019 421.93
2018 350.95

What are the main trading partners of Mexico?

Mexico’s Top Trading Partners

  • United States: US$330.8 billion (79.1% of Mexico’s total exports)
  • Canada: $11 billion (2.6%)
  • China: $7.8 billion (1.9%)
  • Germany: $6.5 billion (1.5%)
  • Taiwan: $4.4 billion (1.1%)
  • Japan: $3.5 billion (0.8%)
  • South Korea: $3.4 billion (0.8%)
  • Brazil: $2.9 billion (0.7%)
THIS IS AMAZING:  Your question: How far is it from New Mexico to Texas line?

What is Mexico’s number 1 export?

Searchable List of Mexico’s Most Valuable Export Products

Rank Mexico’s Export Product 2020 Value (US$)
1 Cars $39,476,275,000
2 Computers, optical readers $31,823,594,000
3 Automobile parts/accessories $26,701,510,000
4 Trucks $24,336,274,000

What is Mexico’s biggest industry?

Mexico has the ninth-largest economy in the world. Its main industries are food and beverages, tobacco, chemicals, iron and steel, petroleum, clothing, motor vehicles, consumer durables, and tourism. It is a major exporter of silver, fruits, vegetables, coffee, cotton, oil and oil products.