Overall, Mexico generated a $34.8 billion trade surplus in 2020 when all exported and imported products are included in the calculation. That dollar amount in black ink reverses a -$1.3 billion deficit 7 years earlier in 2013. Year over year, Mexico's recent $34.8 billion trade surplus for 2020 represents a 543.4% increase from $5.4 billion in black ink in 2019. Cars, trucks, … [Read more...] about Top Mexican Trade Balances
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Mexico’s Top Trading Partners
Officially named the United Mexican States, Mexico shares its northern border with the United States and parts of its south-eastern perimeter with Guatemala and Belize. Mexico exported US$418.1 billion worth of goods around the globe in 2020. That dollar amount reflects an 11.8% increase since 2016 but a -9.2% downtick from 2019 to 2020. Exports from Mexico represent 2.4% of … [Read more...] about Mexico’s Top Trading Partners
India’s Top Trading Partners
Officially named the Republic of India, India is a South Asian nation that shares land borders with China, Nepal and Bhutan to its north-east, Burma and Bangladesh to its east, and Pakistan to its west. India exported US$275.5 billion worth of products around the globe in 2020. That dollar amount reflects a 5.6% increase since 2016 but a -14.8% decline from 2019 to … [Read more...] about India’s Top Trading Partners
Top Indian Trade Balances
Crude oil, gold, coal and petroleum gases were some of the major factors behind India’s highest trade deficits by product in 2020. China, Iraq and Saudi Arabia took the top three spots for trade partners causing India the highest negative balances exchanging exports and imports. India’s overall trade deficit for all products equaled -US$92.5 billion in 2020, down by -28.5% … [Read more...] about Top Indian Trade Balances
Mexico’s Top 10 Imports
Officially the United Mexican States, Mexico imported US$383.3 billion worth of goods from around the globe in 2020. That dollar amount reflects a -1% decrease since 2016 and a -15.8% downtick from 2019 to 2020. Based on the average exchange rate for 2020, the Mexican peso depreciated by -15.1% against the US dollar since 2016 and dropped by -11.5% from 2019 to 2020. Mexico's … [Read more...] about Mexico’s Top 10 Imports
