Diversified export markets may offset Mexican Nafta showdown

Mexico City
Mexico City

The diversification of Mexico’s export markets could cushion the impact that might come from failing to renegotiate a free trade deal with the US, says a report published by Oxford Business Group.

The economic ties with the US are essential for Mexico: the US buys more than 80% of the goods and services exported by its southern neighbour, according to the report. The US also accounts for 39% of foreign direct investment in Mexico.

That is why the renegotiation of the North Atlantic Free Trade

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