Foreign Trade's Mexico Evolution

1325 - 1521

1325

The Aztec people see the birth of commerce, including the use of currency.
They traded different types of products in the "Tianguis", in the old Tenochtitlan.

1521 - 1821

1521

Mexico, then known as New Spain, had marketing relations only with Spain.
With La Plata as the main export material.

1820 - 1870

1820

Mexico faces ruptures in its close trade relations with Europe, due to frequent fights between liberals and conservatives.

1870

1870

It begins to give notoriety to the diversification of exports.
Adding more value to the main productive sectors of the country. (mining, agriculture and livestock).

1880

1880

A commercial relationship with the United States begins thanks to the arrival of the Railroad.
The United States became the main market for Mexican exports and that has not changed since then.

1884 - 1911

1884

It was the best period that Mexico had for development, stability and investment in mineral resources in 1886.

1910 - 1917 (FIRST WORLD WAR)

1910

Foreign trade in Mexico was affected by the difficult internal situation that the country was experiencing and the First World War was also carried out.

1918 - 1921

1918

The increase in avocado and oil prices arises abroad, this causes a significant increase in exports from Mexico.

1929

1929

The economic crisis of 1929 happens.
One of the most important historical events in the world and that affected a large part of the Latin American countries.

1930

1930

With the completion of the Pan-American Highway, foreign trade in Mexico had the opportunity to carry out its trade by land.

1939 - 1945 (SECOND WORLD WAR)

1939

The start of the second World Cup opened an opportunity for Mexico's trade and industrialization.
Mexico took advantage of the circumstances of the countries at war in order to export manufactured products. (Textiles, food, beverages and raw materials such as iron).

1940 - 1975

1940

The development of industrialization is encouraged by the substitution of some imports.
This is because they wanted to protect the rates used in manufacturing activity.

1982 - 1988 (MIGUEL DE LA MADRID)

1982

It starts a new economy oriented to the international market, in order to have a solution for the stagnation of productive activity.

1994 (TLCAN)

1994

The North American Free Trade Agreement was signed between neighboring countries: United States Canada and Mexico.

2004-2011 (MARITIME TRADE IN MEXICO)

2004

Mexico has the need to have more logistic spaces (maritime ports) with specific characteristics to be able to carry out the transfer of the merchandise in a practical way and in the appropriate way.

2006 - 2012 (FELIPE CALDERÓN HINOJOSA)

2006

Mexico is ranked by the OECD as the country with the greatest inequality worldwide. 66% of foreign trade is with the United States and the most exported product to this nation is oil.

2016 (THE PETROLEUM IN MEXICO)

2016

Oil prices are being reduced as well as the decrease in the mobility of manufacturing industries in the United States due to the strengthening of the dollar that was a loss in Mexican consumerism.

2017 (UNCERTAINTY IN MEXICO)

2017

Donald Trump announces the withdrawal of his country from the North American free trade agreement and also insists on imposing tariffs of up to 35% on all imports from several countries that are included in this treaty.