Two Decades After NAFTA, Mexico Still Hooked on U.S. Market
Monday, February 25, 2013
Share of Mexican exports
sold to U.S. at NAFTA implementation (1994): 88%
Number of trade agreements Mexico has signed: 44 (with 12 countries)
Share of Mexican exports sold to U.S. today: 82%
(Sources: “Analysis: Mexico sees life beyond U.S. export market,” by Dave Graham and Michael O’Boyle, Reuters, November 20, 2011, http://www.reuters.com/article/2011/11/20/us-mexico-trade-idUSTRE7AJ0UV20111120; “How Mexico Got Back in the Game,” by Thomas L. Friedman, The New York Times, February 23, 2013, http://www.nytimes.com/2013/02/24/opinion/sunday/friedman-how-mexico-got-back-in-the-game.html?ref=todayspaper&_r=1&; and “Mexico Exports,” TradingEconomics.com, http://www.tradingeconomics.com/mexico/exports)
Alan Tonelson is a Research Fellow at the U.S. Business & Industry Educational Foundation and the author of The Race to the Bottom: Why a Worldwide Worker Surplus and Uncontrolled Free Trade are Sinking American Living Standards (Westview Press).