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 recorded a trade deficit of 1944 USD Million in August 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.

Key information about Mexico's Trade Balance

• Mexico's Trade Balance recorded a deficit of 423.4 USD mn in Jan 2025, compared with a deficit of 680.8 USD mn in the previous month
• Mexico's Trade Balance data is updated monthly, available from Jan 1993 to Jan 2025, with an averaged value of -550.2 USD mn
• The data reached an all-time high of 7.1 USD bn in Aug 2020 and a record low of -5.2 USD bn in Jul 2022

• In the latest reports, Mexico's Total Exports reached 51.9 USD bn in Jan 2025, an increase of 6.5% YoY (year-on-year)
• Total Imports recorded 52.3 USD bn in Jan 2025, an increase of 6.5% YoY (year-on-year)

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.

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 26.87 billion U.S. dollars.

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.

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 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.

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.

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 9.88 billion U.S. dollars.

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.

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.

The average for 2023 based on 18 countries was -0.68 billion U.S. dollars. The highest value was in Brazil: 52.18 billion U.S. dollars and the lowest value was in Mexico: -24.97 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

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.

Throughout the *****, Mexico recorded deficits in its trade of toys, games, and sporting goods, reaching the starkest decline in 2019. That year, Mexican imports of these products surpassed exports by more than *** million U.S. dollars. A year later, Mexican trade of toys, games, and sports equipment experienced some improvement, as the balance of trade stood at **** million U.S. dollars. In 2023, the trade balance was at approximately **** million U.S. dollars.

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.

Time series data for the statistic Trade_Balance_Mexico_with_Bermuda. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at 0.204 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -0.032 Million compared to the value the year prior.The Serie's long term average value is 2.33 Million. It's latest available value, on 5/31/2025, is -2.13 Million lower, compared to it's long term average value.The Serie's change from it's minimum value, on 8/31/1994, to it's latest available value, on 5/31/2025, is +16.53 Million.The Serie's change from it's maximum value, on 12/31/1992, to it's latest available value, on 5/31/2025, is -46.21 Million.

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.

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.