According to the Economic Complexity Index, Mexico was the world’s number 15 economy in terms of GDP in 2020, number 9 in exports, number 13 in imports, number 80 in GDP per capita, and the number 21 most complicated economy (ECI).
Cars, computers, auto parts, delivery vans, and crude petroleum are Mexico’s biggest exports, with most of them going to the United States, Canada, China, South Korea, and Germany.
Integrated Circuits, Car Parts, Refined Petroleum, Industrial Machinery, and Telephones are Mexico’s main imports, with most of them coming from the United States, China, Germany, South Korea, and Malaysia.
Mexico is the tenth most populous country in the world, located in the southern section of the North American continent. It is the second-largest economy in Latin America and is classified as a developing economy by the World Bank as an upper-average-income country.
It has a rich cultural past and is home to several UNESCO World Heritage Sites. The major sectors in this country are finance and tourism, followed by automobiles, oil, electronics industries, and agriculture.
The Pacific Ocean and the Caribbean Sea surround Mexico. It has around 20 seaports on the Atlantic coast and roughly 12 on the Pacific side.