EVOLUTION OF MEXICO’S TRADE RELATIONS WITH THE UNITED STATES AND CHINA, 1993-2020

Abstract

This paper aims to analyze the evolution of the trilateral trade relationship between Mexico, the United States and China, and its main characteristics, from 1993 to 2020, through the application of vector autoregressive (VAR) models at different points in time. More specifically, trade links between these economies have been transformed from a first phase of little significance to a second phase with profound interrelationships since 2001, and finally to a current consolidation stage, despite the current increasingly complex environment.