Mexican economy

Mexico's economy is one of the largest in Latin America, driven by manufacturing, export, and services sectors. It benefits from its proximity to the U.S., its biggest trading partner, facilitating robust trade in goods such as automobiles, electronics, and agricultural products. Mexico also relies on oil production and has a growing tourism industry. While economic growth has been steady, challenges like income inequality, corruption, and reliance on oil revenues impact stability. Overall, Mexico's economy is a mix of modern industries and traditional sectors, playing a significant role regionally and globally.