Mexico’s location has made it comparable to China, as the country supplies much of the U.S. with manufacturing goods. About 14.2% of imports has been from Mexico into the U.S. For this reason, Mexico is in a competitive position with China as globalization continues to mature. In comparison, China supplied the U.S. with 29.3% of U.S. imports in 2009, and has now shrunken to a rate of 26.4%, reports Steven Orlowski for Emerging Money. [Defensive ETFs to Shield Against the Fiscal Cliff]
Mexico’s focused ETF EWW is up about 20% year-to-date, and focuses on telecom, materials and consumer staples.
iShares MSCI Mexico Investable Market Index ETF (NYSEArca: EWW)
Tisha Guerrero contributed to this article.
