MEXICO BACKGROUND INFORMATION Back
 

President:

Vicente Fox Quesada

Finance Minister:

Francisco Gil Díaz

Central Bank Director:

Guillermo Ortíz Martínez

Political Parties:

Ruling Party:
*Partido Acción Nacional(PAN)
Major Opposition Parties:
*Partido Revolucionario Institucional (PRI)
*Partido de la Revolucion Democratica(PRD)

Next Election:

July 2006

Capital:

Mexico City

Other Major Economic Centers:

Guadalajara, Monterrey, Puebla
Population (2004 Est.): 104 million people
Gross Domestic Product (2003): US $625.6 billion dollars
GDP per Capita (2003): US $6,015
Currency: Mexican Peso
Exchange Rate Regime: Free Float
    
Major Financial Instrument:
CETES (Treasury Bonds)
Total Exports (2003):
Maquiladoras (46.97%)
Manufacturing Industry - No Maquiladoras (38.57%)
Oil (11.31%)
Others (3.15%)%
Total Imports (2003):
Maquiladoras (34.62%)
Consumer Goods (12.61%)
Capital Goods (11.85%)
Intermediate Goods (40.92%)
Top Trading Partners:
United States, Canada, Germany, Japan, Spain, China

Main Industries:
  • Manufacture and/or assembly of electrical equipment and machinery.
  • Manufacture of chemicals and other substances.
  • Smelting and manufacturing of ferreous and non-ferreous metal goods.
  • Printing, publishing and related industries.
  • Products made from non-metalic minerals.
  • Spinning, weaving, finishing and other textile processes.
In the world, Mexico ranks:
  • First in silver production.
  • Fourth in coffee bean harvest.
  • Seventh in tin output.
  • Eighth in the production of oil and natural gas.