Mexico’s Growing Trade Dependence on the U.S. vs. Minimal U.S. Reliance on Mexico

 Mexico’s Growing Trade Dependence on the U.S. vs. Minimal U.S. Reliance on Mexico

Mexico’s trade with the U.S. as a share of its GDP grew significantly, from 15.4% in 1993 to 28.5% in 1995, following the establishment of NAFTA in 1994. This ratio continued to rise, reaching 31.6% in 2008 and peaking at 53.0% in 2022. In stark contrast, U.S. trade with Mexico as a share of its GDP increased modestly, from 1.2% in 1993 to 1.4% in 1995, around 2.2% from 2001 to 2005, and approximately 3% between 2011 and 2023. This stark asymmetry underscores Mexico’s heightened economic vulnerability to shifts in U.S. trade policies.

https://preview.redd.it/fw3rilgi2t8e1.png?width=900&format=png&auto=webp&s=eb365857fcfaf1295a34fac7479fdfdc5f7ffd38

submitted by /u/Pllover12
[link] [comments]

Make a post in our subreddit XGramatikInsights, and your thoughts will appear here!

Share the Post:

Related Posts