Resumen de Minerals to benefit from beefed up EU-Mexico trade pact

Industrial Minerals

• Figures provided by the Mexican government show this growth trend has also been registered in its trade with the EU, with an increment in fluorspar trading numbers (worth $51.5m in 2013 and $61.2m in 2014), and bismuth ($11.4m in 2013 to %18.1m the next year). Non-metallic minerals account for around 30% of all mineral exports to the EU, while the rest involve metallurgic products.

  The EU nevertheless views the existing FTA as a success-story and mineral products trade flows have been healthy. However, Mexican mineral exporters gained slightly more than their European counterparts through the agreement, according to a study into the effects of the trade pact by BBVA Compass Consulting and Benefits, which was unveiled at the CEPS conference. The study showed that "mineral products" were among the 10 economic sectors enjoying the largest positive impact on EU exports.