Statistics in Focus. External trade. European Union Trade with Mexico. 2000.12

The EU has a trade surplus with Mexico, which increased steadily during the period considered, passing from 1.3 billion ECU in 1995 to 5.7 billion euro in 1999.The value of EU exports to Mexico more than doubled, passing from 4.5 billion ECU to 10.4 billion euro, whereas the value of imports increased by 46%, from 3.2 billion ECU to 4.7 billion euro.These figures reflect a real increase in trade volumes, rather than price rises.Mexico is the EU's second most important Latin A merican trading partner after Brazil, accounting for around 1% of EU trade.Mexico's external trade is dominated by the USA , which accounts for three quarters of its imports and 87% of its exports.The EU is Mexico's second largest trade partner, with 9% of its imports and 3% of its exports.EU exports to Mexico are very concentrated in 'Machinery and vehicles' products; in 1998 almost 5.5 billion ECU of these products were exported, equal to a share of 58% of total exports to Mexico.On the imports side, the most notable feature is the importance of 'Energy' products (largely made up of 'Petroleum oils'), which are equal to 16% of total EU imports from Mexico.Germany is the Member State with the highest share of EU trade with Mexico (39% of exports and 22% of imports).Spanish trade is also significant, especially when imports are concerned (19% of the total). EU trade with M exico (billion ECU/euro)