In 2024, Mexico traded over *********** U.S. dollars’ worth of goods with China. That year, Mexico imported significantly more goods from the Asian country than it exported, leading to a trade deficit, or negative trade balance.

China Exports to Mexico was US$90.23 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports to Mexico - data, historical chart and statistics - was last updated on September of 2025.

As of 2024, the United States had a trade deficit of about *** billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.

Mexico's total Exports in 2024 were valued at US$618.98 Billion, according to the United Nations COMTRADE database on international trade. Mexico's main export partners were: the United States, Canada and China. The top three export commodities were: Vehicles other than railway, tramway; Electrical, electronic equipment and Machinery, nuclear reactors, boilers. Total Imports were valued at US$625.87 Billion. In 2024, Mexico had a trade deficit of US$6.89 Billion.

The U.S. goods trade deficit with China increased by nearly ** billion U.S. dollars in 2024, as China still had the biggest impact on U.S. bilateral trade. This is according to seasonally adjusted trade date from within the United States. Following the results of the U.S. elections in 2024, discussions surfaced on the potential of tariffs for countries that have a large trade surplus with the United States. The president-elect stated that trade tariffs of ** percent and ** percent might be implemented for goods from China or Mexico, respectively. The effects of such measures on the forecast GDP growth across the world were not yet clear. In Europe, however, Germany might be the most affected economy when the U.S. does implement tariffs.

In 2024, the United States traded close to 842.55 billion U.S. dollars’ worth of goods with their neighbor. That year, the U.S. imported more goods from Mexico than it exported, leading to a trade deficit, or negative trade balance. Mexico’s imports from the United States The majority of cosmetics and personal care imports to Mexico originated from the U.S., while other Latin American countries, such as Colombia and Brazil, contributed significantly less in terms of import value. When it comes to apparel items, the United States was also among the leading trade partners for Mexico, although far behind China, where Mexico imported nearly all of its clothes from. Leading product categories Mexico exports to the Unites States The United States is Mexico’s most important trading partner when it comes to the export of cosmetics and personal care products. Canada, as the only other non-Latin American country on the list, was also among the leading export destinations. Furthermore, the United States is the main destination country for Mexico’s apparel exports.

Time series data for the statistic Trade_Balance_China_with_Mexico. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at 5.65 Billion as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -0.5299 Billion compared to the value the year prior.The Serie's long term average value is 1.32 Billion. It's latest available value, on 5/31/2025, is 4.33 Billion higher, compared to it's long term average value.The Serie's change from it's minimum value, on 3/31/1991, to it's latest available value, on 5/31/2025, is +5.68 Billion.The Serie's change from it's maximum value, on 8/31/2024, to it's latest available value, on 5/31/2025, is -1.20 Billion.

Time series data for the statistic Trade_Balance_Mexico_with_China. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -10.61 Billion as of 5/31/2025, the lowest value since 2/28/2025. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -0.3243 Billion compared to the value the year prior.The Serie's long term average value is -3.48 Billion. It's latest available value, on 5/31/2025, is -7.13 Billion lower, compared to it's long term average value.The Serie's change from it's minimum value, on 10/31/2024, to it's latest available value, on 5/31/2025, is +1.86 Billion.The Serie's change from it's maximum value, on 12/31/1995, to it's latest available value, on 5/31/2025, is -10.66 Billion.

The United States recorded a trade deficit of 78.31 USD Billion in July of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mexico's total Imports in 2024 were valued at US$625.87 Billion, according to the United Nations COMTRADE database on international trade. Mexico's main import partners were: the United States, China and South Korea. The top three import commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Exports were valued at US$618.98 Billion. In 2024, Mexico had a trade deficit of US$6.89 Billion.

In 2024, the total value of U.S. trade goods amounted to approximately 5.4 trillion U.S. dollars. This shows the significance and scale of international trade for the economy of the United States. In 2024, the United States imported goods valuing around 3.3 trillion U.S. dollars from international trading partners, in comparison the value of goods exported from the United States to other countries amounted to around 2.1 trillion U.S. dollars.Import and export trade The import of trade goods relate to goods brought into the United States. This typically refers to goods grown, produced, or manufactured in other countries. Imports include goods of domestic origin which have been worked on abroad before reentering the United States. The export of trade goods refer to goods sold internationally which were grown, produced, or manufactured in the United States. It also includes commodities of foreign origin which have been changed in the United States from the form in which they were imported, or which have been enhanced in value or condition by further processing or manufacturing within the United States before again being sold internationally. Leading trade partners of the United States In 2023, Mexico was the largest source of goods imported into the United States, with goods valuing approximately 475.6 billion U.S. dollars. Mexico and Canada were the second and third largest exporters of goods to the United States, respectively. In 2023, Canada was the leading destination of goods exported from the United States, with U.S. trade goods worth over 350 billion U.S. dollars exported to Canada. Mexico and China also feature at the top of the list of importers of U.S. goods.

The statistic shows the trade balance of goods (exports minus imports of goods) in Canada from 2014 to 2024. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2024, the trade deficit of goods in Canada amounted to about **** billion U.S. dollars. Trade with Canada Canada reported a trade surplus until 2009 when the country’s trade balance went negative for the first time in recent history. Its deficit was ignited at the height of the global recession, and the value of exports decreased significantly at that time. It is only now showing signs of a recovery. Meanwhile, while imports decreased during the recession as well, they bounced back faster than exports. Currently, Canada maintains neither a trade deficit nor a trade surplus as both imports and exports amount to around *** billion U.S. dollars worth of goods. Canada is hoping this will continue, and it is looking to lower tariffs on exports in order to further boost the economy and increase exports. Canada has a long and strong trading relationship with the United States - Canada’s southern neighbor is without a doubt its most important export and import partner. Overall, Canada maintains an export advantage over the United States; maintaining greater export flows than import flows. The U.S. dollar is also worth more than the Canadian dollar, favoring further exports from Canada. China and Mexico also import Canadian goods, but significantly less than the United States.

In 2024, the United States imported automotive parts valued at 81.2 billion U.S. dollars from Mexico. This meant the American country had a negative trade balance for these goods, as its exports to its northern neighbor amounted to 38.8 billion U.S. dollars that year.

Over the past three decades, the total volume of the trade goods exported from the United States experienced an overall positive trend and grew significantly. However, periods of global economic turmoil took its toll on this growth along the way. In the aftermath of the global financial crisis of 2007-2008, the U.S. export volume of trade goods suffered a substantial decline, marking the end of a six-year tre4d of uninterrupted growth. In the following 13-year period between 2010 and 2024, the volume of export trade goods had a rather unstable profile, with noticeable fluctuations. The total volume of exported trade goods from the U.S. fell to about 1.42 trillion U.S. dollars in 2020, illustrating the impact of coronavirus (COVID-19) pandemic on the country’s international trade activities. Nevertheless, the export volume of trade goods recovered rapidly in the following years, reaching over two trillion U.S. dollars in 2024. U.S. International trade    The United States is the second largest trade goods exporter in the world, and has a total annual export value (services and goods combined) of over two trillion U.S. dollars. That said, for the last two decades, the U.S. had a trade deficit in trade goods, making the country a net importer of goods in terms of trade value. The majority of the goods the country is exporting are manufactures.   U.S. export destinations

   The top two destinations of U.S. exports are, unsurprisingly, the country’s northern and southern neighbors, namely Canada and Mexico. The volume of U.S. export of trade goods to Canada alone oscillated between 250 billion U.S. dollars and over 300 billion U.S. dollars in the last decade.

China held the largest fine and specialty chemicals trade surplus in the world in 2024, signifying its status as a leading global exporter of these products, with a surplus of 32.6 billion euros. Conversely, Mexico and Brazil exhibited the most significant negative balances, with deficits amounting to 10.8 billion euros and 6.6 billion euros respectively, reflecting their reliance on imports to meet domestic demand.

The United States' total Imports in 2024 were valued at US$3.36 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main import partners were: Mexico, China and Canada. The top three import commodities were: Machinery, nuclear reactors, boilers; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$2.06 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

The United States' total Exports in 2024 were valued at US$2.06 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main export partners were: Canada, Mexico and China. The top three export commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Imports were valued at US$3.36 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

Guatemala's total Imports in 2024 were valued at US$32.46 Billion, according to the United Nations COMTRADE database on international trade. Guatemala's main import partners were: the United States, China and Mexico. The top three import commodities were: Mineral fuels, oils, distillation products; Vehicles other than railway, tramway and Electrical, electronic equipment. Total Exports were valued at US$14.76 Billion. In 2024, Guatemala had a trade deficit of US$17.70 Billion.

Costa Rica's total Imports in 2024 were valued at US$23.68 Billion, according to the United Nations COMTRADE database on international trade. Costa Rica's main import partners were: the United States, China and Mexico. The top three import commodities were: Mineral fuels, oils, distillation products; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$19.88 Billion. In 2024, Costa Rica had a trade deficit of US$3.79 Billion.

Costa Rica's total Imports in 2024 were valued at US$23.68 Billion, according to the United Nations COMTRADE database on international trade. Costa Rica's main import partners were: the United States, China and Mexico. The top three import commodities were: Mineral fuels, oils, distillation products; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$19.88 Billion. In 2024, Costa Rica had a trade deficit of US$3.79 Billion.