Mexico: Third largest US Trading Partner

Most people, especially from north of the border have no idea on the amazing commerce and trade numbers between Mexico and the United States.



For example, you might consider that any country in Europe would be a higher trading partner than Mexico.



Well, here are a few facts, taken mostly from the U.S. Department of Commerce:

From: Gustavo Torres, at www.BajaInvestment.com

1. $393 billion. The total value of goods traded between U.S. and Mexico during the 2010 calendar year is a whopping $393 billion.

2. Mexico is the United States’ third-largest trading partner. Only after China (#1) and Canada (#2).

3. $400 billion, approximately. This similar amount is traded between the U.S. and ALL of the nations in the European Union, combined!

4. $230 billion. This is the value of goods imported from Mexico last year. Top items were electrical machinery, vehicles and auto parts, mineral fuel and oil, optics and medical instruments.

5. $163 billion. This is the value of goods exported to Mexico last year. Top items were electrical machinery, vehicles and agricultural products.

6. Mexico is the 13th largest economy in the World, with a GDP of over one Trillion.





Source: U.S. Department of Commerce

So, with this you are now a bit more informed on what the 13th largest economy in the world (Mexico) represents for the United States -the #1 World Economy.

Besides this, there is also a huge market and consumption by residents of both countries.

For example, according to the Tijuana Chamber of Commerce, as well as San Diego’s Chamber of Commerce, Baja California residents spend around 2.9 BILLION purchasing goods and services in the San Diego area every year!

Likewise, California residents (and Nevada and Arizona) spend very large amounts of dollars in Baja’s goods and services, including of course real estate, as Baja real estate is still –or once again, depending how you’d like to look at it- very desirable and sought out by our northern neighbors.

No wonder Mexico's employment numbers are getting better and better as we speak! Specially Baja's unemployment, which has gone down now to around 5.6% !

If you saw for example an article in the San Diego Union Tribune, where it shows how Mexican migration to the United States has slowed considerably, you will see that its mostly as Mexicans are now more educated, finding more jobs at homes, and much more... I will try to find that article and post it here too!

Thank you for reading my post. Now, come and tour our beautiful Baja California and see all the amazing real estate available. Great prices, as Baja real estate, including Rosarito Beach and Ensenada homes and condos, beach homes, etc, had gone down around 35% from 2006 prices. However, in average, Baja real estate properties are now up around 5% from year ago levels! Please, DO NOT miss this incredible opportunity to invest in Baja real estate, as many many Americans and Mexican nationals are now doing.


Let me know if you would like more information, contact me and or also long into some of our pages at www.Remaxbaja.com , www.BajaInvestment.com and www.EnsenadaWaterfront.com

Our MLS Baja webpage is www.BajaInvestment.com , just in case!