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Topic Videos

Export Dependency on the United States Economy

Level:
A-Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 21 Mar 2021

This short video looks at evidence of the depth of trade dependency on the US economy.

Export Dependency on the United States Economy

The United States is the single largest export destination for one-fifth of the world’s countries. About 43 percent of total U.S. trade occurs within multinational firms (intra-firm trade), especially in the case of U.S. trade with advanced economies.

Mexico in particular has a very high trade dependency on the USA. Exports of goods and services account for 24% of annual Mexican GDP and just under 80% of their total exports.


You will find more statistics at Statista

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