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Pricing

2022
Flag → Flag
Exports $294BRnk 2 / 219
2022
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Top Product $39.4BRefined Petroleum
2022
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Exports $421BRnk 1 / 156
2022
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Top Product $36.8BComputers
2022
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Economic Complexity (ECI) ECI 1.41Rnk 10 / 124
2022
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Economic Complexity (ECI) ECI 1.08Rnk 21 / 124
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH17.7%CURRENT US$
Rnk 127 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$11,091CURRENT US$
Rnk 74 / 186
2012-2022
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GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186

About

United States-Mexico In 2022, United States exported $294B to Mexico. The main products that United States exported to Mexico are Refined Petroleum ($39.4B), Motor vehicles; parts and accessories (8701 to 8705) ($16.5B), and Petroleum Gas ($15.6B). During the last 27 years the exports of United States to Mexico have increased at an annualized rate of 7.04%, from $46.9B in 1995 to $294B in 2022.

In 2017, United States exported services to Mexico worth $31.5B, with Travel ($15.7B), Other business services ($3.4B), and Royalties and license fees ($3.32B) being the largest in terms of value.

Mexico-United States In 2022, Mexico exported $421B to United States. The main products that Mexico exported to United States were Computers ($36.8B), Cars ($34.1B), and Motor vehicles; parts and accessories (8701 to 8705) ($31.8B). During the last 27 years the exports of Mexico to United States have increased at an annualized rate of 7.17%, from $65.1B in 1995 to $421B in 2022.

In 2022, Mexico did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTRONICS AMERICA (129k), VOLKSWAGEN GROUP OF AMERICA (59.9k), and ROBERT BOSCH LLC (35.2k) were at the forefront of exporting goods from Mexico to the United States. Conversely, SAMSUNG ELECTRONICS DIGITAL APPLIAN (120k), LG ELECTRONICS REYNOSA SA DE CV (16k), and NISSAN MEXICANA, S.A. DE C.V. (15.7k) were notable for importing Mexico products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $26.5B and imported $38B from Mexico, resulting in a negative trade balance of $11.6B. Between January 2023 and January 2024 the exports of United States have decreased by $-467M (-1.73%) from $26.9B to $26.5B, while imports increased by $1.05B (2.85%) from $37B to $38B.

Trade In January 2024, the top exports of United States to Mexico were Refined Petroleum ($3.1B), Motor vehicles; parts and accessories (8701... ($1.6B), Integrated Circuits ($1.06B), Petroleum Gas ($1.03B), and Commodities not elsewhere specified ($804M). In January 2024 the top imports of United States from Mexico were Delivery Trucks ($2.9B), Cars ($2.85B), Motor vehicles; parts and accessories (8701... ($2.69B), Computers ($2.32B), and Crude Petroleum ($1.56B).

Origins In January 2024 the exports of United States were mainly from Texas ($10.2B), California ($2.51B), Michigan ($1.23B), Illinois ($1.18B), and Ohio ($718M), while imports destinations were mainly Texas ($11.1B), Michigan ($5.81B), California ($4.65B), Illinois ($1.47B), and Georgia ($1.25B).

Growth In January 2024, the decrease in United States's year-by-year exports to Mexico was explained primarily by an decrease in product exports in Office Machine Parts ($-235M or -27.1%), Ethylene Polymers ($-61.3M or -24.2%), and Cyclic Hydrocarbons ($-56.4M or -32.5%). In January 2024, the increase in United States's year-by-year imports  from Mexico was explained primarily by an increase in product imports  in Delivery Trucks ($755M or 35.2%), Motor vehicles; parts and accessories (8701... ($520M or 23.9%), and Insulated Wire ($200M or 19.5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)$-467M(-1.73%)
IMPORT GROWTH (January 2023 - January 2024)$1.05B(2.85%)
MAIN EXPORTER (January 2024)Texas$10.2B

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Mexico and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $294B to Mexico. The main products exported from United States to Mexico were Refined Petroleum ($39.4B), Motor vehicles; parts and accessories (8701 to 8705) ($16.5B), and Petroleum Gas ($15.6B). During the last 27 years the exports of United States to Mexico have increased at an annualized rate of 7.04%, from $46.9B in 1995 to $294B in 2022.

In 2022, Mexico exported $421B to United States. The main products exported from Mexico to United States were Computers ($36.8B), Cars ($34.1B), and Motor vehicles; parts and accessories (8701 to 8705) ($31.8B). During the last 27 years the exports of Mexico to United States have increased at an annualized rate of 7.17%, from $65.1B in 1995 to $421B in 2022.

Exports from United States (Flag) to Mexico (Flag) (2022)

Exports from Mexico (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Mexico
Top DestinationUnited States$421B

This map shows whether countries import more from United States or Mexico. Each country is colored based on the difference in imports they receive from United States and Mexico or the difference in the growth in imports.

In 2021, countries that imported more from United States than Mexico were Canada ($308B), China ($151B), and Japan ($79.5B).

In 2019, no countries were registered that imported more from Mexico than from United States.

Difference in imports from Mexico (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Mexico

Flow
Scale

This chart compares trade between United States and Mexico by product, considering products traded by both, United States and Mexico.

During 2022, United States had a large net trade with Mexico in the exports of Machines ($85.5B), Mineral Products ($58.3B), and Plastics and Rubbers ($25.1B).

During 2022, Mexico had a large net trade with United States in the exports of Machines ($168B), Transportation ($97.1B), and Mineral Products ($27.5B).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to Mexico worth $31.5B, with Travel ($15.7B), Other business services ($3.4B), and Royalties and license fees ($3.32B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Mexico (Flag) (2017)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Mexico. Similarly, the more yellow a dot/product is, the more Mexico has comparative advantage over United States.

Product Space of United States (Flag) and Mexico (Flag) (2022)

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