What are Mexico's top 3 profitable exports?

Based on estimates from the Central Intelligence Agency’s World Fact book Mexico shipped $409.5 billion dollars worth of goods around the globe in 2017, up by 7.8% since 2013 and up by 9.5% from 2016 to 2017. The same report indicates that Mexico exported goods plus services which represent 37.4% of total Mexican economic output or Gross Domestic Product.

According to Trading Economics report, Mexican exports by value are represented by 82.7% delivered to the United States and Canada under the North American Free Trade Agreement (NAFTA). The value of Mexican shipments to European importers was 5.9%; Latin America and the Caribbean accounted for 5.2% of total Mexican exports compared to 5.6% for purchasers in Asia. Mexico’s population of 124.6 million people, with a total of $409.5 billion in 2017 in export value exports works out to approximately $3,300 per person. Mexico’s unemployment rate was 3.4% as of January 2018 down from 3.6% one year earlier.

The current most profitable exports of the Mexican economy according to Trading Economics are:

• Vehicles: US$101.7 billion (24.8% of total exports)
• Electrical machinery, equipment: $81.6 billion (19.9%)
• Machinery including computers: $65.9 billion (16.1%)

OECD reports that Mexico is the 15th largest export economy in the world. In 2016, Mexico exported $373B and imported $380B, resulting in a negative trade balance of $6.62B. In 2016 the GDP of Mexico was $1.05T and its GDP per capita was $17.9k.

The same report states that the “Mexican economy has had an unprecedented macroeconomic stability, which has reduced inflation and interest rates to record lows and has increased per capita income.” Nevertheless, there still is a very large breakdown remain between the urban and the rural population, the northern and southern states, and in general between wealth and poverty. Some of the outstanding issues include upgrading roads and bridges, modernizing the tax system, better labor laws, and most importantly, the reduction of income inequality. The Mexican government collected tax revenue equivalent to 19.6 percent of GDP in 2013, which is the lowest among the 34 OECD countries.

Export income represents 90% of Mexican trade which is under free trade agreements (FTAs) with more than 40 countries, including the European Union, Japan, Israel, and much of Central and South America. The most beneficial to the Mexican economy is the North American Free Trade Agreement (NFTA), which came into effect in 1994, which was signed in 1992 by the governments of the United States, Canada and Mexico.