Shivam tripathi
Mexico and the United States share one of the most significant and dynamic trade relationships in the world. From integrated supply chains to shared economic goals, the bilateral trade between the two nations continues to evolve and thrive. In 2024, the total trade between Mexico and the US reached $839.9 billion, reflecting the growing importance of this relationship.
In this comprehensive blog, we’ll dive into the top imports from Mexico to the US, Mexico export data, key trade trends, and detailed insights into Mexico’s trading partners and global export landscape.
Understanding Mexico-US Trade Relations
Mexico has consistently ranked as one of the top two trading partners of the United States. Their trade relationship is not only built on geographical proximity but also deeply integrated industries, including automotive, electronics, agriculture, and medical devices.
- USMCA Agreement: The United States-Mexico-Canada Agreement (USMCA), which replaced NAFTA in 2020, has further streamlined trade by modernizing trade rules, improving labor and environmental standards, and resolving disputes effectively.
- Export Dependence: Over 80% of Mexican exports go to the United States, while the US contributes to two-thirds of Mexico’s imports, demonstrating the strength of this partnership.
- Service Trade: In 2023, service trade between the US and Mexico was worth $88.8 billion, with a slight deficit of $722 million for the US.
Mexico Trade Data with the US (2024)
Here is an overview of the most recent Mexico-US trade data:
| Category | Value (USD Billions) | Change from 2023 |
|---|---|---|
| Total Trade Value | 839.9 | N/A |
| U.S. Exports to Mexico | 334 | +3.5% ($11.3B) |
| U.S. Imports from Mexico | 505.9 | +6.4% ($30.6B) |
| U.S. Goods Trade Deficit with Mexico | 171.8 | +12.7% ($19.3B) |
These figures indicate that imports from Mexico are increasing at a faster rate than exports to Mexico, expanding the US goods trade deficit.
Top Imports from Mexico to the US
Mexico is a crucial supplier of vehicles, electronics, medical equipment, furniture, and agricultural products to the US market. Here’s an updated list of the top imports from Mexico to the US based on 2024 data:
| Product | Value (USD Billions) |
|---|---|
| Vehicles | 130.03 |
| Electrical Machinery | 85.55 |
| Nuclear Reactors | 81.61 |
| Mineral Fuels | 25.02 |
| Surgical Instruments | 22.33 |
| Furniture | 13.35 |
| Vinegar | 11.75 |
| Commodities Not Elsewhere Specified | 10.91 |
| Edible Fruit and Nuts | 10.86 |
| Edible Vegetables | 9.52 |
These products highlight Mexico’s strength as a manufacturing and agricultural hub for US industries.
Why Does the US Rely on Mexico for These Imports?
There are several strategic reasons for this strong import relationship:
- Proximity & Lower Logistics Cost: Mexico’s close geographic location allows for faster, cost-effective transportation.
- Cost-Effective Manufacturing: Lower production and labor costs in Mexico make goods more affordable.
- Integrated Supply Chains: Many US industries are linked to Mexican manufacturers for automobiles, electronics, and medical equipment.
Mexico’s Export Overview: What Does Mexico Export Globally?
Mexico is a manufacturing powerhouse, with a global export portfolio that includes automobiles, electronics, petroleum, machinery, and medical devices. According to Mexico export data:
- Q1 2024 Exports: ~$144 billion (up 1.7% YoY)
- 2023 Total Exports: $593 billion
- Global Export Rank: 13th
Top 10 Export Products from Mexico
| Rank | Export Product | Export Value (USD Billion) |
|---|---|---|
| 1 | Vehicles | 156.5 |
| 2 | Electrical Machinery | 103.4 |
| 3 | Machinery (incl. Computers) | 93.5 |
| 4 | Mineral Fuels | 32.6 |
| 5 | Medical & Optical Instruments | 27.3 |
| 6 | Furniture & Prefab Buildings | 12.9 |
| 7 | Beverages & Spirits | 12 |
| 8 | Plastics | 11.7 |
| 9 | Vegetables | 9.9 |
| 10 | Iron & Steel Articles | 9.8 |
Top Mexico Trade Partners
Mexico’s trade is not just US-centric. It also maintains strong economic ties with countries across the globe. Here are Mexico’s top trade partners:
| Rank | Country | Export Value (USD Billion) |
|---|---|---|
| 1 | United States | 421 |
| 2 | Canada | 22.2 |
| 3 | China | 12.7 |
| 4 | Chinese Taipei | 7.86 |
| 5 | South Korea | 7.29 |
The United States remains Mexico’s top destination, but trade with countries like Canada, China, and South Korea continues to expand.
Major US Trading Partners (2024–2025)
The US engages in massive trade with several global economies. Here’s a snapshot of the US’s top trading partners by total trade value:
| Rank | Country | Total Trade (USD Billion) |
|---|---|---|
| 1 | Mexico | 839.9 |
| 2 | Canada | 762.1 |
| 3 | China | 582.4 |
| 4 | Germany | 236 |
| 5 | Japan | 227.9 |
| 6 | South Korea | 197.1 |
| 7 | Taiwan | 158.6 |
| 8 | Vietnam | 149.7 |
| 9 | United Kingdom | 148 |
| 10 | India | 129.2 |
With Mexico leading the chart, this underscores the depth of its trade ties with the US.
How to Access the US Importers Database and Mexico Export Data?
If you’re looking for customized trade reports, HS code-based import data, or the latest updates on Mexico exports and US imports, you can use platforms like Seair Exim Solutions. The platform offers:
- Comprehensive Mexico-US trade statistics
- Real-time alerts and updates
- Access to US Importers Database
- Customized dashboards with export-import insights
Final Words
The US-Mexico trade relationship is one of the most vital bilateral partnerships globally, driven by shared borders, economic interests, and deeply integrated supply chains. As of 2024, Mexico is the largest source of US imports, particularly in sectors like automotive, electronics, medical devices, and agriculture.
As global trade continues to evolve, staying informed through accurate data and insights will help businesses make smarter import-export decisions. For the latest Mexico export data, top imports from Mexico to the US, or to access the US importers database, connect with Seair Exim Solutions today.
FAQs
What are the top imports from Mexico to the US?
Top imports include vehicles, electrical machinery, nuclear reactors, mineral fuels, and surgical instruments.
Where can I find the latest Mexico export data?
Use Seair Exim Solutions’ dashboard to explore real-time Mexico trade statistics and trends.
How important is Mexico in US trade?
Mexico is the top source of US imports and a key export destination, making it a crucial trade partner.
Who are the major US trading partners in 2024–2025?
Mexico, Canada, China, Germany, and Japan lead the list.
How can I access US importers and import data by HS code?
Visit Seair Exim Solutions to access the US Importers Database and HS Code-wise trade data.
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