Mexico recorded a trade deficit of 17 USD Million in July of 2025. This dataset provides the latest reported value for - Mexico Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows the trade balance of goods (exports minus imports of goods) in Mexico 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 Mexico amounted to about ***** billion U.S. dollars.

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.

In 2024, the United States traded close to ****** 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.

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.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Mexico (XTNTVA01MXA667S) from 1980 to 2024 about Mexico, trade, Net, and goods.

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.

Based on foreign trade balance, the United States was by far Mexico's main trading partner in 2023. That year, Mexico's exports of goods to the U.S. exceeded its imports by about *** billion U.S. dollars. Canada came in second, registering a trade value of around **** billion dollars.

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.

Mexico MX: Trade Balance: Advanced Economies: United States data was reported at 129.459 USD bn in 2018. This records an increase from the previous number of 120.650 USD bn for 2017. Mexico MX: Trade Balance: Advanced Economies: United States data is updated yearly, averaging -229.200 USD mn from Dec 1948 (Median) to 2018, with 71 observations. The data reached an all-time high of 129.459 USD bn in 2018 and a record low of -11.238 USD bn in 1992. Mexico MX: Trade Balance: Advanced Economies: United States data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Mexico – Table MX.IMF.DOT: Trade Balance: by Country: Annual.

Mexico MX: Trade Balance: Advanced Economies: United States data was reported at 12.583 USD bn in Dec 2018. This records an increase from the previous number of 10.151 USD bn for Nov 2018. Mexico MX: Trade Balance: Advanced Economies: United States data is updated monthly, averaging 170.000 USD mn from Feb 1960 (Median) to Dec 2018, with 665 observations. The data reached an all-time high of 12.583 USD bn in Dec 2018 and a record low of -1.209 USD bn in Oct 1991. Mexico MX: Trade Balance: Advanced Economies: United States data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Mexico – Table MX.IMF.DOT: Trade Balance: by Country: Monthly.

The statistic shows the trade balance of services (exports minus imports of services) in Mexico from 2014 to 2024. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2024, the estimated trade deficit of services in Mexico amounted to about **** billion U.S. dollars.

Time series data for the statistic Trade_Balance_Mexico_with_Palau. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -155.82 Thousand as of 3/31/2025, the lowest value since 12/31/2023. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -148.40 Thousand compared to the value the year prior.The Serie's long term average value is -22.40 Thousand. It's latest available value, on 3/31/2025, is -133.42 Thousand lower, compared to it's long term average value.The Serie's change from it's minimum value, on 2/28/2022, to it's latest available value, on 3/31/2025, is +818.32 Thousand.The Serie's change from it's maximum value, on 4/30/2017, to it's latest available value, on 3/31/2025, is -298.76 Thousand.

Time series data for the statistic Trade_Balance_Mexico_with_Ukraine. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -4.31 Million as of 3/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 3.24 Million compared to the value the year prior.The Serie's long term average value is -14.79 Million. It's latest available value, on 3/31/2025, is 10.48 Million higher, compared to it's long term average value.The Serie's change from it's minimum value, on 10/31/2006, to it's latest available value, on 3/31/2025, is +68.78 Million.The Serie's change from it's maximum value, on 12/31/1993, to it's latest available value, on 3/31/2025, is -104.59 Million.

United States Trade Balance: Mexico data was reported at -6.715 USD bn in May 2018. This records a decrease from the previous number of -5.652 USD bn for Apr 2018. United States Trade Balance: Mexico data is updated monthly, averaging -2.684 USD bn from Jan 1985 (Median) to May 2018, with 401 observations. The data reached an all-time high of 661.800 USD mn in Jul 1992 and a record low of -8.053 USD bn in Mar 2018. United States Trade Balance: Mexico data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.

Time series data for the statistic Trade_Balance_Mexico_with_Germany. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -1.58 Billion as of 3/31/2025, the lowest value since 6/30/2024. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -18.15 percent compared to the value the year prior.The 1 year change in percent is -18.15.The 3 year change in percent is -62.63.The 5 year change in percent is -76.78.The 10 year change in percent is -69.63.The Serie's long term average value is -0.605 Billion. It's latest available value, on 3/31/2025, is 161.70 percent lower, compared to it's long term average value.The Serie's change from it's minimum value, on 4/30/2024, to it's latest available value, on 3/31/2025, is +0.1344 Billion.The Serie's change from it's maximum value, on 4/30/1990, to it's latest available value, on 3/31/2025, is -1.50 Billion.

United States Trade Balance: Mexico: sa data was reported at -5.837 USD bn in May 2018. This records an increase from the previous number of -6.040 USD bn for Apr 2018. United States Trade Balance: Mexico: sa data is updated monthly, averaging -5.255 USD bn from Jan 2009 (Median) to May 2018, with 113 observations. The data reached an all-time high of -3.058 USD bn in Jun 2009 and a record low of -6.636 USD bn in May 2017. United States Trade Balance: Mexico: sa data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.

Mexico MX: Trade Balance: Advanced Economies: United States data was reported at 34.408 USD bn in Dec 2018. This records an increase from the previous number of 33.508 USD bn for Sep 2018. Mexico MX: Trade Balance: Advanced Economies: United States data is updated quarterly, averaging 370.500 USD mn from Mar 1960 (Median) to Dec 2018, with 226 observations. The data reached an all-time high of 34.408 USD bn in Dec 2018 and a record low of -2.957 USD bn in Sep 1992. Mexico MX: Trade Balance: Advanced Economies: United States data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Mexico – Table MX.IMF.DOT: Trade Balance: by Country: Quarterly.

Trade Balance: sa: Mexico data was reported at -47.988 USD bn in Dec 2024. This records a decrease from the previous number of -45.193 USD bn for Sep 2024. Trade Balance: sa: Mexico data is updated quarterly, averaging -15.201 USD bn from Mar 1999 (Median) to Dec 2024, with 104 observations. The data reached an all-time high of -3.935 USD bn in Dec 1999 and a record low of -47.988 USD bn in Dec 2024. Trade Balance: sa: Mexico data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.JA004: Trade Balance: BoP Basis: by Country.

Time series data for the statistic Trade_Balance_Mexico_with_the_Netherlands. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at 53.05 Million as of 3/31/2025, the highest value since 5/31/2024. Regarding the One-Year-Change of the series, the current value constitutes an increase of 16.59 Million compared to the value the year prior.The Serie's long term average value is -40.86 Million. It's latest available value, on 3/31/2025, is 93.91 Million higher, compared to it's long term average value.The Serie's change from it's minimum value, on 6/30/2022, to it's latest available value, on 3/31/2025, is +702.93 Million.The Serie's change from it's maximum value, on 12/31/2017, to it's latest available value, on 3/31/2025, is -112.42 Million.