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APEC: NON TARIFF BARRIERS TO MEXICAN EXPORTS. Clemente Ruiz Durán. Universidad Nacional Autónoma de México Facultad de Economía. M é xico export boom 1990 to 2004.
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APEC: NON TARIFF BARRIERS TO MEXICAN EXPORTS Clemente Ruiz Durán. Universidad Nacional Autónoma de MéxicoFacultad de Economía
México export boom 1990 to 2004 Mexico has become one of the leading export countries of the world, in 2004 exports reached almost 190 billion dollars, from a low of 23 billion in 1990. Most of the exports go to United States and Canada (89 percent of total) and only 2 percent to other Pacific Rim countries. Imports are more diversified US and Canada share is of 60 percent, and other Pacific Rim countries share is of 20 percent. Mexico Pacific Rim balance is positive (14 billion) due to the large surplus that Mexico holds with US, that in 2004 reached 54 billion dollars.
Mexican exports the basis of structural change One of the main features of structural change in Mexico has been the dramatic restructuring of export composition, where oil was the main export good in the eighties, there was a continuous drop of its share in the nineties, while manufacturing goods emerged as the main exporting force.
Findings • Sanitary and phyto sanitary are the main non tariff barriers for Mexican exports • Chemicals are the second area where Mexico faces non tariff barriers in the Pacific Rim • Mexico has to work out non tariff barriers within the FT reached with US, Japan, and Chile • There is no approach to deal with non tariff barriers by Mexican Government