BlueWorld

North America: Mexico



About Mexico

The site of advanced Amerindian civilizations, Mexico came under Spanish rule for three centuries before achieving independence early in the 19th century. A devaluation of the peso in late 1994 threw Mexico into economic turmoil, triggering the worst recession in over half a century. The nation continues to make an impressive recovery. Ongoing economic and social concerns include low real wages, underemployment for a large segment of the population, inequitable income distribution, and few advancement opportunities for the largely Amerindian population in the impoverished southern states.


Vital Statistics
Capitol City: Mexico
Population: 101,879,171 (July 2001 est.)
Percent below poverty: 27% (1998 est.)
Language: Spanish, various Mayan, Nahuatl, and other regional indigenous languages
Date of independence: 16 September 1810 (from Spain)
Form of government: federal republic
Title of Leader: President
Natural Resources: petroleum, silver, copper, gold, lead, zinc, natural gas, timber
Environmental Issues: natural fresh water resources scarce and polluted in north, inaccessible and poor quality in center and extreme southeast; raw sewage and industrial effluents polluting rivers in urban areas; deforestation; widespread erosion; desertification; serious air
Agricultural Products: corn, wheat, soybeans, rice, beans, cotton, coffee, fruit, tomatoes; beef, poultry, dairy products; wood products
Imports: metal-working machines, steel mill products, agricultural machinery, electrical equipment, car parts for assembly, repair parts for motor vehicles, aircraft, and aircraft parts
Exports: manufactured goods, oil and oil products, silver, fruits, vegetables, coffee, cotton
Trading Partners: IMPORTS: US 73.6%, Japan 3.7%, Germany 3.3%, Canada 2.3%, South Korea 2%, China 1.6%, Taiwan 1.2%, Italy 1%, Brazil 1% (2000 est.)
EXPORTS: US 88.6%, Canada 2%, Spain 0.9%, Germany 0.9%, Japan 0.6%, UK 0.6%, Netherlands Antilles 0.5%, Switzerland 0.3

 

Mexico Headlines

 


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