Arizona exports include manufacturing products and agricultural goods that originate in Arizona and are shipped to Mexico, Canada and other countries. Arizona’s highest valued export category is civilian aircraft, engines and parts followed by copper ore and concentrates.
What are Arizona’s major exports?
Arizona’s largest exports by dollar value include:
- Aerospace parts and products: $3.8 billion.
- Semiconductor and other electronic components: $3.5 billion.
- Metal ores: $2 billion.
- Other fabricated metal products: $1.5 billion.
- Electrical equipment and components, not elsewhere classified: $1.2 billion.
What products do we export to Mexico?
Top U.S. product exports include electronics, vehicles, fuels, minerals, plastics, and machinery. Mexico is the second-largest agricultural export market for the United States, importing USD 19.5 billion in U.S. agricultural products, including corn, soybeans, dairy, pork and beef products in 2018.
What is the main export for Mexico?
Exports The top exports of Mexico are Cars ($41.6B), Computers ($31.5B), Motor vehicles; parts and accessories (8701 to 8705) ($27.1B), Delivery Trucks ($23.8B), and Crude Petroleum ($17.8B), exporting mostly to United States ($326B), Canada ($16.1B), China ($8.82B), Germany ($8.21B), and South Korea ($5.86B).
What does the US exports to Mexico?
Top U.S. goods exports include electronics, vehicles, fuels, minerals, plastics, and machinery. Mexico was the third-largest destinations for U.S. agricultural exports in 2020, importing USD 18.3 billion in U.S. agricultural products, including corn, soybeans, dairy, pork, and poultry meat.
What is Arizona’s biggest industry?
Based on sheer size, the real estate and rental industries, the diverse tourism sector, and government are the largest economic sectors in Arizona.
What is Arizona’s biggest import?
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (08) Fruit & Nuts | $706,275,045 |
| (87) Motor Vehicles & Parts | $487,603,226 |
| (39) Plastics | $457,256,009 |
| (74) Copper | $419,745,161 |
Who is Mexico’s biggest trade partner?
The United States
The United States is Mexico’s most important trading partner, and U.S.-based companies account for more than half of Mexico’s foreign investment. The United States is also the source of between two-fifths and one-half of Mexican imports and the destination for some four-fifths of the country’s exports.
Does Mexico depend on the US?
4 Mexico’s economy relies heavily on the United States as an export market. The value of exports equaled 39% of Mexico’s GDP in 2019, as shown in Table 1, and approximately 80% of Mexico’s exports were headed to the United States.
What food does Mexico import?
Top food imports
Mexico imports significant volumes of grains, especially corn, wheat and soy from the United States, meat (beef, pork), processed foods, carbonated beverages and various types of dairy. The fresh fruit and vegetables imports are also dominated by North American companies.
What is Mexico’s biggest import?
Mexico’s Top 10 Imports
- Electrical machinery, equipment: US$82.9 billion (21.6% of total imports)
- Machinery including computers: $65.9 billion (17.2%)
- Vehicles: $32.1 billion (8.4%)
- Mineral fuels including oil: $25.1 billion (6.6%)
- Plastics, plastic articles: $21.9 billion (5.7%)
Where does Mexico import their oil from?
Mexico is a net importer of natural gas, and most imports arrive by pipeline from the United States. In 2019, Mexico imported an average of 5.5 billion cubic feet per day (Bcf/d) of natural gas from the United States (including by truck, by pipeline, and as LNG), an increase of more Page 7 7 than 176% from 2014.
What does the United States get from Mexico?
In 2020, Mexico was the second-largest supplier of foreign crude oil to the United States, as well as the largest export market for U.S. refined petroleum products and U.S. natural gas. Other top U.S. exports to Mexico include machinery, electrical machinery, vehicles, mineral fuels, and plastics.
Who is U.S. biggest trading partner?
Canada
Who Does the U.S. Trade Most With?
| Rank | U.S. Trade Partners | Goods Exports (in billion U.S. dollars) |
|---|---|---|
| #1 | Canada | $307.6 |
| #2 | Mexico | $276.5 |
| #3 | China | $151.1 |
| #4 | Japan | $75.0 |
How much money does the US give Mexico?
10 countries that receive the most U.S. foreign aid: Afghanistan ($4.89 billion) Israel ($3.3 billion) Jordan ($1.72 billion)
US Foreign Aid by Country 2022.
| Country | Obligations | Disbursements |
|---|---|---|
| Mexico | $68.58 Mn | $62.91 Mn |
| Bosnia And Herzegovina | $63.06 Mn | $39.99 Mn |
| Indonesia | $54.33 Mn | $291.58 Mn |
| Morocco | $53.11 Mn | $61.93 Mn |
Is Mexico a rich country?
Mexico has the 11th to 13th richest economy in the world and ranks 4th with most number of poor among richest economies.
How does Arizona make most of its money?
Individual income and sales and use taxes make up 86 percent of General Fund revenue. Arizona’s dependence on sales and use tax makes the state’s tax structure regressive – low-income people pay a higher portion of their income in taxes than people with higher incomes.
What products is Arizona known for?
Arizona agriculture exports vegetables, fruit, nuts, seeds, wheat, hay, cotton, eggs, beef and milk to 70 countries and across the U.S. Today, agriculture in Arizona contributes more than $23.3 billion to the state’s economy.
What are the top 3 farm products produced in Arizona?
Arizona’s diverse terrain and climate bring diverse ag products. Cattle and calves and dairy are leading Arizona ag products, with cotton, lettuce and hay positioned as top-produced crops.
What does Phoenix export?
The top export from Phoenix MSA is aerospace products and parts manufacturing exports, valued at $3.0 billion, followed by $2.7 billion of semiconductor and other electronic component manufacturing exports.
What does Arizona import and export?
Arizona exports include manufacturing products and agricultural goods that originate in Arizona and are shipped to Mexico, Canada and other countries. Arizona’s highest valued export category is civilian aircraft, engines and parts followed by copper ore and concentrates.