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 the trade of 32. 2 percent compared to same 6 months of 2020, these Figures were released on his Twitter account by the Undersecretary of Foreign Trade of Mexico, Luz María de la Mora.
Great news!
During the first semester of 2021, Mexico remained the 1st US trading partner; our total trade grew 32. 2% compared to the same period of 2020.
These data confirm that we are on the road to economic recovery.
🇲🇽🇺🇸 pic.twitter.com/Xzu89 aESCy– Luz María de la Mora (@luzmadelamora) August 5, 2021
For de la Mora, this is clear evidence that the economic recovery seen in the United States is also spreading to its Business partners.
That is, a 14. 9% of the total commerce of the commercial activity of the United States are exchanges with Mexico. This makes the Aztec country position itself above the other trading partner of the United States, its northern neighbor, Canada.
Canada achieved a commercial exchange with the United States of 14. 6 percent of total US business activity. While China got the 13. 8% of US business activity; followed by Japan with 4.8 percent and Germany with 4.5 percent.
Products Mexicans imported to the United States grew by 32.51% these 6 months from 2021, we are talking about a total figure of $ 186, 440 millions of dollars.
On the other hand, these positive statistics also include US exports to Mexico, which increased by 32. 06% YoY. Which is equal to $ 133, 529 million dollars, from January to June.
However, this commercialization of goods from the United States with neighboring Azteca has a deficit of $ 51, 910 million dollars, according to figures from the United States Census Bureau.
It is It is evident 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 of 2020.
Much despite the fact that at the beginning of July it was reported that restrictions that exist between the borders of both countries, due to the COVID pandemic – 19, have caused a severe blow to the economy of the localities on both sides of the border in the United States and in Mexico. There is talk of economic losses that amount to 10, 04 millions of dollars in the months leading up to the pandemic, according to Rice University’s Baker Institute Research Center.
Those most affected in this regard The most affected have been the retail businesses that are at border crossings, businesses that just live off migration or the temporary passage of residents or visitors between one country and another, almost daily.