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.

Mexico Exports to United States was US$503.26 Billion during 2024, according to the United Nations COMTRADE database on international trade. Mexico Exports to United States - data, historical chart and statistics - was last updated on December of 2025.

United States Imports from Mexico was US$509.96 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Mexico - data, historical chart and statistics - was last updated on December of 2025.

This graph shows the growth in the U.S. export volume of trade goods to Mexico from 1985 to 2024. In 2024, U.S. exports to Mexico amounted to approximately 334.04 billion U.S. dollars.

United States Exports to Mexico was US$334.04 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Exports to Mexico - data, historical chart and statistics - was last updated on November of 2025.

Graph and download economic data for U.S. Imports of Goods by Customs Basis from Mexico (IMPMX) from Jan 1985 to Aug 2025 about Mexico, imports, goods, and USA.

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.

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 recorded a trade surplus of 606 USD Million in October 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.

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.

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.

As of 2023, Mexico and Canada were considerably more reliant on trade than the United States. While trade in goods and services made up over 70 percent of Mexico's GDP in 2023, only 25 percent of the U.S. GDP was made up by trade. The United States-Mexico-Canada Agreement (USMCA) is a trade deal that replaced NAFTA in 2020 in an attempt to boost North American trade while protecting domestic industries. Designed to facilitate free trade among the members, most goods crossing North American borders are supposed to be duty-free.

Mexico MX: Goods Trade: % of GDP data was reported at 73.122 % in 2017. This records an increase from the previous number of 71.579 % for 2016. Mexico MX: Goods Trade: % of GDP data is updated yearly, averaging 29.708 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 73.122 % in 2017 and a record low of 9.763 % in 1972. Mexico MX: Goods Trade: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Trade Statistics. Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.; ; World Trade Organization, and World Bank GDP estimates.; Weighted average;

In 2023, Mexico's imports from China exceeded its exports by more than 100 billion U.S. dollars. In that year, the value of products imported from this Asian country reached slightly over *** billion dollars, whereas exports totaled to **** billion dollars.

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.

Imports from Mexico in the United States increased to 40244.58 USD Million in February from 38042.32 USD Million in January of 2024. This dataset includes a chart with historical data for the United States Imports from Mexico.

In 2023, Mexico imported a total of ***** billion U.S. dollars in goods worldwide. Over ** percent of that came from the United States, with an import value of nearly *** billion dollars. In that same year, Mexico's second most important trading partner was China, with imports valued at about *** billion U.S. dollars.

Information on the commercial exchange of merchandise that Mexico carries out with the rest of the world.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Mexico (XTEXVA01MXQ667S) from Q1 1980 to Q3 2025 about Mexico, trade, exports, and goods.