tion:

3.501 million bbl/day (2007 est.)

Oil - consumption:

2.119 million bbl/day (2007 est.)

Oil - exports:

2.204 million bbl/day (2005)

Oil - imports:

385,400 bbl/day (2005)

Oil - proved reserves:

11.65 billion bbl (1 January 2008 est.)

Natural gas - production:

55.98 billion cu m (2007 est.)

Natural gas - consumption:

68.29 billion cu m (2007 est.)

Natural gas - exports:

2.973 billion cu m (2007 est.)

Natural gas - imports:

11.69 billion cu m (2007 est.)

Natural gas - proved reserves:

392.2 billion cu m (1 January 2008 est.)

Current account balance:

-$5.525 billion (2007 est.)

Exports:

$271.9 billion f.o.b. (2007 est.)

Exports - commodities:

manufactured goods, oil and oil products, silver, fruits,
vegetables, coffee, cotton

Exports - partners:

US 82.2%, Canada 2.4%, Germany 1.5% (2007)

Imports:

$281.9 billion f.o.b. (2007 est.)

Imports - commodities:

metalworking machines, steel mill products, agricultural machinery,
electrical equipment, car parts for assembly, repair parts for motor
vehicles, aircraft, and aircraft parts

Imports - partners:

US 49.6%, China 10.5%, Japan 5.8%, South Korea 4.5% (2007)

Economic aid - recipient:

$189.4 million (2005)

Reserves of foreign exchange and gold:

$87.19 billion (31 December 2007 est.)

Debt - external:

$179.8 billion (31 December 2007)

Stock of direct foreign investment - at home:

$260.9 billion (2007 est.)

Stock of direct foreign investment - abroad:

$39.01 billion (2007 est.)

Market value of publicly traded shares:

$348.3 billion (2006)

Currency (code):

Mexican peso (MXN)

Currency code:

MXN

Exchange rates:

Mexican pesos (MXN) per US dollar - 10.8 (2007), 10.899 (2006),
10.898 (2005), 11.286 (2004), 10.789 (2003)

Communications
Mexico

Telephones - main lines in use:

19.754 million (2007)

Telephones - mobile cellular:

68.254 million (2007)

Telephone system:

general assessment: adequate telephone service for business and
government, but the population is poorly served; mobile subscribers
far outnumber fixed-line subscribers; domestic satellite system with
120 earth stations; extensive microwave radio relay network;
considerable use of fiber-optic cable and coaxial cable
domestic: low telephone density with about 18 fixed lines per 100
persons; privatized in December 1990; des