Is Mexico a developed country?

With a land area of 65.438+0.97 million square kilometers and a population of 65.438+0.2 billion, Mexico is the third largest country in Latin America, second only to Brazil. Historically colonized by Spain for more than 300 years, the economy is poor and backward, and the natural conditions are not superior.

Mexico is a free market economy with modern industry and agriculture, and the proportion of private economy is also increasing greatly. After the formal establishment of 1994 NAFTA, the trade and investment between Mexico and the United States increased rapidly, which greatly promoted economic development and national income.

On June 7, 2020, the UN General Assembly voted to elect Mexico as a non-permanent member of the UN Security Council for a term of 202 1 to 2022.

Foreign trade:

Mexico mainly exports crude oil, manufactured goods, petroleum products, clothing and agricultural products. The main export targets are the United States, Canada, the European Union, Central America and China. Mainly imported food, medical products, communication equipment, etc. The main importing countries are the United States, China, German, Japanese and Korean.

In 20 17, the total foreign trade was 829.86 billion US dollars, including 409.49 billion US dollars in exports and 420.37 billion US dollars in imports, which increased by 9. 1%, 9.5% and 8.6% respectively.