[OC] In 2022, Mexico traded more with Texas than it did with all of Asia and 6x as much as it did with all of LatAm.
Submitted by latinometrics t3_120js4l in dataisbeautiful
Reply to comment by TrustM3ImAnEngineer in [OC] In 2022, Mexico traded more with Texas than it did with all of Asia and 6x as much as it did with all of LatAm. by latinometrics
Nope. Texas exports to Mexico include oil and gas, chemicals, nuclear reactors, iron, steel, plastics, and copper. Mexico’s exports to Texas include nuclear reactors, plastics, oil and gas, furniture, fruit, and nuts. Both are over $100 billion in each direction.
Texas’ GDP is 45% more than Mexico’s, so it’s not unreasonable for two neighbors to have so much trade.
They are both sending nuclear reactors to each other on the regular? What's up with that
What if we just passed a nuclear reactor back and forth... forever.
So Mexico doesn’t trade with Iowa, for example?
About $3 billion total imports and exports between Mexico and Iowa. Makes sense. Iowa is smaller and further. Iowa’s GDP is 1/6th of Mexico’s.
I guess it’s $780 billion in 2022 for total US to Mexico trade. Makes more sense now.
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