But since the country entered into NAFTA (North American Free Trade Agreement) in 1994, with the United States and Canada, its export potential was unleashed, which continues and is strengthened by the Treaty between Mexico, the United States and Canada (T-MEC).
According to information from the Ministry of Economy, these are the products that Mexico exports the most, according to figures for all of 2023.
- Automobiles and other vehicles for the transport of peopleworth $58.484 billion.
- Vehicle parts and accessoriesworth $40.62 billion.
- Vehicles for the transport of goodsworth $38.503 billion.
- Machines and data processing unitsworth $29.624 billion.
- Crude oils from petroleum or bituminous mineralsworth $27.604 billion.
- Electrical wires and cablesworth $16.946 billion.
- Telephones, including mobile and other wireless networksworth $14.276 billion.
- Tractorsworth $13.716 billion.
- Medical instruments and devicesworth $12.993 billion.
In the agro-food exports Mexico is not far behind, in 2023 they stood at 51,874 million dollars, according to data from the Ministry of Agriculture.
These are the agri-food sector’s exports with the highest value:
- Beerworth $6.163 billion.
- Tequila and mezcalvalued at $4.429 billion.
- Fresh or chilled tomatovalued at $3.048 billion.
- Avocadovalued at $3.03 billion.
- Bakery productsworth $2.642 billion.