Mexico. Country Profile

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Basic Information

Population (proj., 000) (2023) 127,504,000
Capital city Mexico City
Currency Mexican Peso (MXN)

Source: World Statistics Pocketbook | United Nations Statistics Division

Economy Indicators 2010 2015 2023
GDP: Gross domestic product (million current US$) 1,057,801 1,170,567 1,272,839
GDP growth rate (annual %, const. 2015 prices) 5.1 3.3 4.7
GDP per capita (current US$) 9,400.4 9,753 10,045.7
Agriculture (% of GVA) 33.7 31.8 35.4
Industry (% of GVA) 33.7 31.8 35.4
Services and other activity (% of GVA) 62.9 64.8 60.5
Tourist arrivals at national borders 23,290,000 32,093,000 31,860,000
Individuals using the Internet (%) 36 74 75.6

Source: World Statistics Pocketbook | United Nations Statistics Division and World Bank Data

Foreign Trade

Products 2010 2015 2023
Total Export Value 298,305,075 380,789,105 578,282,000
Total Import Value 301,481,734 395,232,368 604,615,000
Trade Balance -3,176,659 -14,443,263 -26,333,000

Source:Trade Map and World Trade Organization

Products

Breakdown in economy’s total exports 2021 Breakdown in economy’s total imports 2021
By main commodity group (ITS) By main commodity group (ITS)
Agricultural products   9.4   Agricultural products 7.6
Fuels and mining products   8 Fuels and mining products 11.1
Manufactures   76.5 Manufactures 74
By main destination 2022 By main origin 2022
1. United States   78.3 1. United States   43.9
2. European Union (28)   3.1 2. China   19.9
3. Canada   2.7 3. European Union (28)   9.6
4. China   1.9 4. Kora, Republic of   3.7
5. Taipei   1.3 5. Japan 3

Source: World Trade Organization

Services 2010 2015 2022
Total Export Value 15,489,300 22,903,300 35,811,000
Total Import Value 26,876,400 32,680,100 46,498,000
Trade Balance -11,387,100 -9,776,800 -10,687,000

Source: Trade Map and World Trade Organization

Bilateral Trade Between Mexico and Oman

Mexico’s exports to Oman Mexico’s imports from Oman
Products 2023 Products 2023

Motor Vehicles for the Transport of Goods

$5,261,371

Mineral or Chemical Nitrogenous

$17,070,403

Telephones, Including Mobile Phones and those of other Wireless Networks

$3,496,853

Plates, Sheets and Strip, Noncellular and not Reinforced

$16,472,908

Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons

$3,074,540

Parts and Accessories of Motor Vehicles

$5,016,975

Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere

$792,337

Medicaments Consisting of Mixed or Unmixed Products, Preparations for Therapeutic or Prophylactic Uses

$5,216,033

Discs, Tapes and other Media for Sound Recording

$558,243

Cubes, Dice and Similar Articles for Mosaics, of Natural Stone

$2,265,083

Source: Ministry of Economic of Mexico