International trade in Mexico

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Index

GENERAL INFORMATION        4

Population        4

Flag        4

National Coat of Arms        4

Currency        5

Map        5

Surface area        5

Per capita income        5

Religion        6

Life expectancy        6

Birth rate        6

Poverty        6

Policy        6

Macroeconomic Analysis        6

GDP        6

Inflation        7

Unemployment rate        7

Prosecutor Deficit        8

Mexico's foreign trade        9

Exports        9

Imports        13

Crucial, trade liberalization        15

Bibliography        16

GENERAL INFORMATION

Mexico, officially the United Mexican States, is a sovereign country located in the southern part of North America with its capital in Mexico City. Politically, it is a representative, democratic, federal and secular republic, composed of 32 federal states (31 states and the federal capital).

Population

Mexico is the eleventh most populous country in the world, with an estimated population of more than 126 million people by 2020. Most of these people have Spanish as their mother tongue, which the state recognizes as a national language along with 67 indigenous languages of the nation, although about 287 languages are spoken in the country.

Flag

The Mexican flag is a national symbol that, together with the national anthem and coat of arms, represents the country and with it the pride of being Mexican.

The Mexican flag consists of three vertical stripes, which are red, white and green. In the central white strip is the national coat of arms: an eagle perched on a cactus with a snake in one of its claws. The Mexican flag was officially presented in 1821 and although the flag has changed moderately over time the new Mexican flag is almost exactly the same as when it was created, almost 200 years ago.

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https://www.astrolabio.com.mx/historia-y-curiosidades-de-la-bandera-de-mexico/

National Coat of Arms

The current design of the coat of arms, which is the work of the artist Francisco Eppens Helguera, has been in use since 1968. On the shield is represented an eagle seen in profile devouring a snake, standing on a nopal cactus. The scene is framed by a semicircle surrounding the lower part of the scene, composed of an oak branch and a laurel branch, linked by a ribbon containing the tricolour of the country.

Currency

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The official currency in Mexico is the Mexican peso, which has bills of 1000, 500, 200, 100, 50 and 20 pesos; on the other hand, coins can be of 100, 50, 20, 10, 5, 2 and 1 pesos and 50, 20, 10 and 5 cents.

The current exchange rate in dollars is: 1 peso = 0.054$

Map

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https://www.thinglink.com/scene/1097081850209239042

Surface area

Mexico covers a territorial extension of 1,964,375 km2, of which 1,959,248 km2 are continental and 5,127 km2 are insular. To this territory must be added the Exclusive Economic Zone of territorial sea, which covers 3,149,920 km2, so the total area of the country is 5,114,295 km2.

Per capita income

The GDP per capita is a very good indicator of the standard of living and in the case of Mexico, in 2018, it was 8,294 euros, which places it in 71st place in the ranking and its inhabitants have a low standard of living in relation to the rest of the 196 countries in the GDP per capita ranking. No wonder, then, that Mexicans have on average the lowest average wage in the world.

Religion

 The majority and official religion in Mexico is Catholic, with absolute freedom of worship and separation of Church and State.

Life expectancy

"Mexicans born in 2019 have a life expectancy of 75.1 years. This was revealed by the National Population Council (Conapo) in its demographic indicators for the Mexican Republic". (Infobae, 2019)

Birth rate

The latest data on the birth rate is from 2017, when the birth rate in Mexico (number of births per thousand inhabitants in a year) was 17.83‰ in 2017, and the Fertility Index (average number of children per woman) was 2.15.

Poverty

In Mexico, two out of five people are poor, two more are vulnerable to poverty because of their low income, and only one is neither poor nor vulnerable. According to the latest poverty measurement in the country, with data from 2018 prepared by the National Council for the Evaluation of Social Development Policy (Coneval), 52.4 million poor people were registered in Mexico, 9.3 million of whom were living in extreme poverty.

Policy

Mexico is organized as a representative, democratic and federal Republic. It is politically divided into 32 states, of which 31 are free and sovereign states in their internal regime and a Federal District where the Federal Powers reside.

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