USA vs Mexico: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

USAMetricMexico
$1.90TTotal exports$605.37B
$2.98TTotal imports$538.39B
$-1.08TTrade balance$66.98B
$4.87TTotal trade volume$1.14T
#2Global export rank#9
#1Global import rank#12

Direct trade between USA and Mexico

USAMexico
$284.84B
MexicoUSA
$458.43B

USA top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$124.16B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$115.84B
  • liquefied, natural gas$39.59B
  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$33.69B
  • of an unladen weight exceeding 15,000kg$31.57B

Mexico top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$32.19B
  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc$32.04B
  • processing units other than those of item no. 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit$28.00B
  • spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 tonnes), n.e.c. in item no 8704.1$24.07B
  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc$14.36B

Shared top trade partners

Both countries appear as major export destinations for 6 of the same partners:

CanadaChinaGermanyUnited KingdomJapanIndia