March 2014 - US – Mexico Trade Reaches New High
US – Mexico Trade Reaches New High
The trade relationship between Mexico and the United States demonstrated another solid performance as products traded between both countries set a new historical record at $506 billion in 2013. Over the 20 years of NAFTA, trade between Mexico and the U.S. has more than sextupled, growing nearly 10% annually.
2014 North American Leader’s Summit: Working Together for a Brighter Future
On February 19, 2014, Mexican President Enrique Peña Nieto, U.S President Barack Obama and Canadian Prime Minister Stephen Harper met in Toluca, Mexico, for the North American Leader’s Summit. In order to successfully face the economic challenges of the 21st century, the three leaders reiterated the importance of closer collaboration, increasing economic competitiveness for the North American region, and enhancing trade among the NAFTA partners.
Success Stories
- Wal-Mart Expands Investment in Mexico
- Pilgrim’s to Build New Processing Plant in Veracruz
- BorgWarner Manufactures in Mexico
- Johnson Controls Opened a New Facility in Queretaro
- Dupont Opens a Research Center in Chiapas
State Profiles
- Queretaro
- Arizona
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