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Does peso's drop affect San Diego and Tijuana's economy?

EconoMeter panel looks at the recent currency fluctuations


Friday, August 7, 2015

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Kelly Cunningham, National University System
Answer: YES

Mexico is by far San Diego’s largest trade partner with two-way trade in 2014 valued at $55 billion, accounting for 85 percent of all international production crossing the San Diego customs district. Computer and electronic products account for nearly half of the merchandise. Billions more dollars are exchanged through international finance and services transactions, and private citizens shopping on both sides of the border. The peso decline should bolster San Diego imports and lessen exports.