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How dependent is the Mexican economy on commodities exports?

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SANTIAGO, Chile, Sept. 3 (UPI) -- Most of the Caribbean and Latin American countries did well with their commodity exports in the first half of this year but economic planners in those nations need to diversity and increase the ratio of processed goods and manufactures in their earnings abroad, a U.N. report said. read more

GDP – The first, and the most prominent way that commodities have an effect on economic growth varies from economy to economy. Ultimately, when an economy is a large supplier of a commodity to the world, its GDP becomes largely dependent on the spot market rate of that commodity. read more

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