In 2024, Mexico was the top trading partner of the United States based on import value. In that year, U.S. imports from Mexico totaled to 505.85 billion U.S. dollars. China and Canada rounded out the top three as these countries continue to enjoy a close trading relationship under the United States-Mexico-Canada trade agreement. Germany and Japan were also high on the list, both providing the U.S. with over 140 billion dollars worth of imports in 2024.
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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.
In 2023, Canada was the top trading partner with the United States based on export value. The U.S. exported goods worth about 354.36 billion U.S. dollars to Canada in that year. Mexico, China, the Netherlands, and Germany rounded out the top five export partners in that year.
In 2023, the United States was by far Mexico's main export trade partner when taking all products into account. In that year, Mexico exported a total of approximately 593 billion U.S. dollars' worth of goods worldwide, over 79 percent of which were shipped to the United States.
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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.
This table contains 3904 series, with data for years 2000 - 2016 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Trade (2 items: Import; Export); Top sixty trading partners (61 items: Total of all countries; United States; China; Mexico; ...); Classification by Broad Economic Categories (BEC4) (32 items: Food and beverages; Food and beverages, primary; Food and beverages, primary, mainly for industry; Food and beverages, primary, mainly for household consumption; ...).
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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.
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.
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Exports in Mexico decreased to 54295.70 USD Million in April from 55527.33 USD Million in March of 2025. This dataset provides the latest reported value for - Mexico Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The value of exports of China amounted to almost 3.4 trillion U.S. dollars in 2023, meaning that it was, by far, the country with the highest exports worldwide that year. China's export market The value of goods exported from China increased rapidly from 2020 to 2021. By 2021, China accounted for about 15 percent of global merchandise exports and about six percent of global service exports. The leading export products of China were machinery and transport equipment, with an export value of about 1.7 trillion U.S. dollars in 2022. U.S. export market The United States recorded an export value of over two trillion U.S. dollars in 2023, making it the world's second-largest exporter. The main trading partners of the U.S. are Canada, Mexico, and China. In 2022, among the products exported by the U.S., petroleum and coal saw the largest growth in export value at 60 percent. Texas and California were the top two U.S. states ranked by value of exports in 2023. Texas ranked first with exports valued at 444.5 billion U.S. dollars. As far as global imports are concerned, the United States was the leading country as of 2022, with an import value of about 3.4 trillion U.S. dollars.
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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.
This statistic depicts the leading 15 trade partners with the United States in 2023 by country. In that year, Canada was the second biggest trading partner with the United States, with a total trade value that amounted to about *** billion U.S. dollars.
The statistic shows China's foreign trade share with selected countries in 2013. China's share of German foreign trade (imports and exports) amounted to about 5.5 percent in 2013.
Main trade partners of China
China's trade pattern has been largely influenced by its overall comparative advantage in labor intensive goods. In 2013, China was by far the world's largest trade nation, surpassing even the United States in terms of total merchandise trade value. That year’s goods exports from China had amounted to approximately 2.2 trillion U.S. dollars, while imports of goods had ranged at approximately 1.95 trillion U.S. dollars. Over the past decades, China has gained a lot of importance in international trade as both production and trading economies all over the world have developed close ties to the red dragon.
In 2013, China accounted for approximately 15 percent of Japan's foreign trade, making China the main trade partner of Japan. Japan mainly exports electronic equipment and machines to China and imports manufactured goods such as clothing from China. However, this relation has suffered since 2012 due to a long-running territorial dispute.
China also has tight trade ties to the United States. In 2013, China was the United States' third largest export market after Canada and Mexico. During the past ten years, goods exported from the United States to China and vice versa have grown substantially. By 2015, the United States have turned into China's main export partner with a share of about 18 percent in total exports from China.
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The United States recorded a trade deficit of 61.62 USD Billion in April 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.
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 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.
In 2023, the U.S. imported about 45 billion U.S. dollars worth of cars from Mexico. In comparison, the U.S. imported about 35 billion U.S. dollars in cars from Canada and three from China.
In 2023, the main exported products from Honduras were coffee and its byproducts, which accounted for a total export value of nearly 1.4 billion U.S. dollars. Bananas and plantains ranked second, at about 685 million dollars, followed by palm oil, with roughly 466 million dollars. Petroleum, on the other hand, was one of the most imported products by Honduras that year, with an import value of about 2.6 billion U.S. dollars. Honduras’s leading trade partners In 2023, the United States was Honduras’s leading trade partner, both in terms of imports and exports, with total approximate trade values of 5.1 billion U.S. dollars for American imports and 2.1 billion dollars for American exports. China came in second place for imports. The Central American country imported a staggering 2.3 billion dollars’ worth of goods from China. Fellow Latin American countries, Mexico, Guatemala, and El Salvador were also part of Honduras’s top five trade partners. Decline in Honduras’s trade balance The large trade deficit Honduras experienced with China and the United States is part of the larger picture of the country’s consistent overall trade deficit, which has seen a significant increase over the last decade. In 2001, Honduras recorded a trade deficit of about 1.78 billion U.S. dollars; the amount ballooned to over 5.41 billion dollars in 2022. This is a consequence of the country’s need to import large amounts of petroleum and other industrial oils to support its development. In contrast, the local resources that form the largest part of its exports are agricultural commodities.
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Canada's total Imports in 2024 were valued at US$558.45 Billion, according to the United Nations COMTRADE database on international trade. Canada's main import partners were: the United States, China and Mexico. The top three import commodities were: Vehicles other than railway, tramway; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Exports were valued at US$569.17 Billion. In 2024, Canada had a trade surplus of US$10.72 Billion.
The statistic depicts the average inflation rate in Mexico from 1987 to 2024, with projections up until 2030. The inflation rate measures price changes for a fixed basket of goods which includes a representative selection of goods and services. In 2024, Mexico's average inflation rate was around 4.72 percent compared to the previous year. Mexico’s economy Mexico’s gross domestic product (GDP) has been increasing slightly over the last decade, however, its national debt still amounts to almost half of its GDP. The majority of Mexico’s GDP is yielded by the services sector, as a look at the distribution of gross domestic product in Mexico by sector shows. More than 60 percent of GDP are generated in this sector; the majority of the Mexican workforce is employed in services. One important contributor to Mexico’s GDP is tourism. The total unemployment rate in Mexico took a turn for the worse during the recession of 2008 and is still to bounce back to previous levels. Mexico’s main export and import partner is the United States which accounts for approximately half of the value of both. Thus, the trade balance of goods in Mexico, showing the value of exports minus the value of imports, is heavily dependant on the United States. For the past decade, Mexico’s trade balance has run at a deficit of more than 10 billion US dollars. The trade balance of services sector in Mexico has also been in the red with a deficit of more than 6 percent since the recession and higher than 9 percent since 2011. Mexico is also one of the largest drug exporting countries worldwide. Specific trade figures are not available, however, Mexico is among the top countries for opium cultivation based on acreage, and thousands of illegal poppy fields, processed into opium, have been destroyed in Mexico year after year.
In 2024, Mexico was the top trading partner of the United States based on import value. In that year, U.S. imports from Mexico totaled to 505.85 billion U.S. dollars. China and Canada rounded out the top three as these countries continue to enjoy a close trading relationship under the United States-Mexico-Canada trade agreement. Germany and Japan were also high on the list, both providing the U.S. with over 140 billion dollars worth of imports in 2024.