How Mexico's Top Industries Have Benefited from USMCA Updates

Certain sectors, including automotive, aerospace, and electronics have already felt the positive lift the USMCA has provided. Here's how.

United States-Mexico-Canada Agreement - U.S. Trade Representative

Leading services exports from the U.S. to USMCA were in the travel, professional and management services, and financial services sectors. The United States has ...

The Impact of USMCA on Mexico's Industrial Manufacturing Sector

“The significance of USMCA is clear. Canada and Mexico are the United States' largest export markets: 23 percent of U.S. exports go to Canada ...

USMCA at 3: Reflecting on impact and charting the future

This impressive growth in trade over the past two years has made Mexico and Canada the top trading partners of the United States, with trade ...

UNITED STATES–MEXICO–CANADA AGREEMENT FACT SHEET ...

In fact, Mexico and Canada are the top two export destinations for U.S. SME goods. ... PROVISIONS THROUGHOUT THE USMCA WILL BENEFIT SMEs. Key Achievement ...

The Top Industries in Mexico Who Have Benefited from NAFTA - NAPS

Manufacturing in Mexico has benefited greatly from NAFTA. From retail manufacturing to aerospace manufacturing, here are some of the ...

Mexico's priorities for USMCA in 2022 - Brookings Institution

Today, the U.S. and Canada are Mexico's first and fifth largest trading partner, respectively, while the U.S. is the number one foreign investor ...

Latin America: Economic Development Overview of Mexico

The US has always been Mexico's largest trading partner given its geographical proximity and the benefits of the USMCA. The US had a 60 ...

How Mexican Companies can Benefit from the Latest Changes in ...

The USMCA facilitates the flow of goods and services between major world players amidst a period of global economic uncertainty. Companies' ...

Mexico's higher costs under USMCA may potentially offset gains ...

Approval of the United States–Mexico–Canada Agreement (USMCA) could change trade within the North American region, affecting output and weakening North America ...

A midterm report card for Mexico's USMCA progress - Atlantic Council

The USMCA has certainly been successful in increasing the volume of Mexico's trade with the United States and Canada. According to the US Census ...

Market Access and Dairy Outcomes of the USMC Agreement

Canada and Mexico are our first and third largest exports markets for United States food and agricultural products, making up 28 percent of total food and ...

USMCA Pros and Cons: A Comprehensive Analysis - NovaLink

Pros of the USMCA · 1. Improved Labor Standards · 2. Enhanced Digital Trade Provisions · 3. Stronger Intellectual Property Protections · 4. Benefits ...

How the USMCA Agreement is beneficial to do business in Mexico

The USMCA is considered to be a win that will mutually benefit North American businesses, ranchers, farmers, workers, and shippers.

NAFTA and the USMCA: Weighing the Impact of North American Trade

How did it affect the Mexican economy? NAFTA boosted Mexican farm exports to the United States, which have tripled since the pact's ...

USMCA: What Changed From NAFTA & What It Means for Industries

The USMCA Trade Deal ... At the time of its signing, NAFTA created the world's largest free trade region, removing, fixing, or limiting tariffs on ...

2024 Investment Climate Statements: Mexico - State Department

In 2023, Mexico was the United States' largest trading partner in goods. Bilateral trade grew nearly eight times from 1994 to 2023, and Mexico is the United ...

Mexico - Market Overview - International Trade Administration

Given Mexico's large, diversified market, most U.S. products and services have ample market opportunities. The United States-Mexico-Canada ...

Overview of the Mexican Economy - Inicio

Mexico ranked 2nd largest economy in Latin America, after Brazil with a total of $1,268,870 billion GDP. However, even if it ranked 2nd, it is considered as the ...

MANUFACTURING IN MEXICO

Presents the main factors and trends that are leading companies to rethink their supply chain. Page 15. An introduction to the manufacturing sector in Mexico.