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2022
Flag → Flag
Exports $294BRnk 2 / 219
2022
Flag → Flag
Top Product $39.4BRefined Petroleum
2022
Flag → Flag
Exports $421BRnk 1 / 156
2022
Flag → Flag
Top Product $36.8BComputers
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
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 Trade: In 2022, United States exported $294B to Mexico. The main products that United States exported to Mexico were Refined Petroleum ($39.4B), Motor vehicles; parts and accessories (8701 to 8705) ($16.5B), and Petroleum Gas ($15.6B). Over the past 5 years the exports of United States to Mexico have increased at an annualized rate of 5.31%, from $227B in 2017 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 Trade: 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). Over the past 5 years the exports of Mexico to United States have increased at an annualized rate of 3.01%,  from $323B in 2017 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 1.47), and 2 in total exports ($1.95T). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Company data: In 2023, leading companies such as Ford Motor Company (3.03k), Dekalb Farmers Market (1.98k), and Chiquita (1.74k) were at the forefront of exporting goods from Mexico to the United States. Conversely, Other (6.02k), Unknown (1.19k), and Samsung Electronics Digital Applian (1.14k) were notable for importing products to Mexico from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $30B and imported $43.7B from Mexico, resulting in a negative trade balance of $13.7B. Between August 2023 and August 2024 the exports of United States have increased by $1B (3.46%) from $29B to $30B, while imports increased by $1.99B (4.76%) from $41.8B to $43.7B.

Trade In August 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 August 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 August 2024 the exports of United States were mainly from Texas ($10.8B), California ($3.11B), Michigan ($1.59B), Illinois ($1.21B), and New Mexico ($1.11B), while imports destinations were mainly Texas ($14.1B), Michigan ($6.48B), California ($5.42B), Georgia ($1.76B), and Illinois ($1.56B).

Growth In August 2024, the increase in United States's year-by-year exports to Mexico was explained primarily by an increase in product exports in Refined Petroleum ($897M or 40.6%), Motor vehicles; parts and accessories (8701... ($291M or 22.2%), and Aircraft Parts ($162M or 82.2%). In August 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

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$1B(3.46%)
IMPORT GROWTH (August 2023 - August 2024)$1.99B(4.76%)
MAIN EXPORTER (August 2024)Texas$10.8B

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.

Explore Mexico and United States Data

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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 5 years the exports of United States to Mexico have increased at an annualized rate of 5.31%, from $227B in 2017 to $294B in 2022.

In 2017, 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 5 years the exports of Mexico to United States have increased at an annualized rate of 3.01%, from $323B in 2022 to $421B in 2017.

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 2022, countries that imported more from United States than Mexico included Canada ($308B), China ($151B), and Japan ($79.5B).

In 2022, 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 2017, Mexico had a large net trade with United States in the exports of Machines ($168B), Transportation ($97.1B), and Mineral Products ($27.5B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Mexico+$850MCars
Top Product Potential Mexico United States+$4.31BCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Mexico. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over United States.

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

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