Mexico remained the first commercial partner of the United States in the first half of 2021


Mexico remained the first commercial partner of the United States in the first half of 2021

Mexico is the first commercial partner of the United States this semester of 2021.

Photo: Brendan Smialowski / AFP / Getty Images

Mexico managed this first semester of the year to be the first commercial partner of the United States, even before Canada. This is because the binational exchange reached a total amount of $ 320 billion dollars.

This means a growth in trade of 32.2 percent compared to the same 6 months of 2020, These figures were released on his Twitter account by the Undersecretary of Foreign Trade of Mexico, Luz Mar铆a de la Mora.

For de la Mora, this is clear evidence that the economic recovery seen in the United States is also spreading to its trading partners.

That is, 14.9% of the total trade of the commercial activity of the United States are exchanges with Mexico. This makes the Aztec country position itself above from the United States’ other trading partner, its northern neighbor, Canada.

Canada achieved a commercial exchange with the United States of 14.6 percent of total US commercial activity. While China obtained 13.8% of the US commercial activity; followed by Japan with 4.8 percent and Germany with 4.5 percent.

Mexican products imported to the United States grew by 29.51% these 6 months of 2021, we are talking about a total figure of $ 186,440 million dollars.

On the other hand, these positive statistics also include US exports to Mexico, which increased by 36.06% year-on-year. Which is equal to $ 133.529 million dollars, from the month of January to the month of June.

However, this commercialization of goods from the United States with neighboring Azteca has a deficit of $ 52.910 million dollars, according to figures from the United States Census Bureau.

It is clear that Mexico is betting on the T-Mec, the new trade agreement between the United States, Mexico, and Canada that came into force in the middle of the pandemic in July 2020.

Despite the fact that at the beginning of July it was reported that the restrictions that exist between the borders of both countries, due to the COVID-19 pandemic, have caused a severe blow to the economy of the towns on both sides of the border in United States and Mexico. There is talk of economic losses that amount up to 10 billion dollars in the months that go from pandemic, according to the Research Center of the Baker Institute of Rice University.

Those most affected in this regard The most affected have been the retail businesses found at border crossings, businesses that just live off the migration or temporary passage of residents or visitors between one country and another, almost daily.

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