Trade relations between India and Mexico has seen an upward trajectory. In the beginning of the decade there was not much trade between India and Mexico, things changed for good after the visit of Prime Minister of India Narendra Modi to Mexico in the year 2016. During the visit both countries decided to upgrade their relations to the level of “Strategic Partnership”. The trade between both nations was at $ 2.98 billion in 2008, it has now crossed $ 10 billion in 2018, making Mexico the most important trading partner in Latin America, surpassing Brazil.
Aspirants would find this topic very helpful in the IAS Exam.
What are the Main Exports of India to Mexico?
The list of Exports of India to Mexico is given below.
- Vehicles and automobile parts
- Organic chemicals
- Electrical machinery
- Electronic equipments
- Aluminium products
- Readymade garments
- Iron and Steel Products
- Gems and Jewellery
What are the Commodities Imported by India from Mexico?
The list of items imported by India from Mexico is given below
- Crude Oil
- Iron and steel
- Vehicles and auto parts
India is one of the largest buyers of Mexican crude oil.
What is the Importance of Mexico in the Green Revolution in India?
The Sonora variety of Mexican wheat played a vital role in the Green revolution in India. Indian Government had ordered 200 tons of Sonora 64 seed from Norman Borlaug which played a crucial role in the green revolution.
The above details would help candidates prepare for UPSC 2020.
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