U.S. goods and services trade with Mexico totaled an estimated $671.1 billion in 2018. Exports were $299.2 billion; imports were $371.9 billion. The U.S. goods In 2018 annual figures available, Mexico recorded $611.54 billion in trade with the United States. Total U.S. exports to Mexico were $265.01 billion and imports Jan 31, 2020 2019 : U.S. trade in goods with Mexico. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless Aug 8, 2019 According to the US Census, for the first six months of 2019, the US and Mexico traded $309 billion worth of goods, just over 15% of all US trade. Jun 25, 2019 Thus, the U.S. trade deficit with Mexico was about $63.6 billion for last year. These numbers are not necessarily able to paint a complete picture of The United States has its largest trade deficits with China, Canada, Mexico, Japan, and Germany. The reasons are different for each of them. In 2017, trade between Mexico and the United States reached USD 522 billion, with Mexico posting a surplus of near USD 132 billion. Main exports to US
Jun 25, 2019 Thus, the U.S. trade deficit with Mexico was about $63.6 billion for last year. These numbers are not necessarily able to paint a complete picture of The United States has its largest trade deficits with China, Canada, Mexico, Japan, and Germany. The reasons are different for each of them.
Canada ranked No. 2 among the United States’ top trade partners in 2019. In 2018, it ranked No. 2. Meanwhile, total U.S. trade with the world decreased to $4.14 trillion, down 1.37 percent compared to 2018. The nation’s exports dropped 1.13 percent to $1.65 trillion; imports dropped 1.53 percent to $2.5 trillion. According to the Office of the United States Trade Representative, U.S. goods and services trade with Mexico reached a total of nearly $616 billion in 2017. Of this, just over $276 billion were exports, while close to $340 billion were imports. North American Trade by the Numbers. $265 billion = How much the United States exported to Mexico in 2018, a top destination for U.S. products, second only to Canada. Border states Arizona, California, New Mexico, and Texas export to Mexico more than any other country in the world. Through February, U.S. trade with Mexico has increased a relatively modest 3.36% while trade with current No. 2 Canada is down 4.12% and No. 3 China is down 13.52 percent. Today In: Policy If the U.S. excluded re-exports, its trade deficit with Mexico for 2016 would be $115.4 billion, which is much closer to the Mexican number. Nonetheless, this recalculation fails to correct for another bias, which makes the U.S. deficit with Mexico look artificially large. Mexico Trade Statistics. The “OK” gesture, making a circle with the index finger and thumb, is considered vulgar.
Mexico ranked No. 1 among the United States’ top trade partners in 2019. In 2018, it ranked No. 3. Meanwhile, total U.S. trade with the world decreased to $4.14 trillion, down 1.37 percent compared to 2018. The nation’s exports dropped 1.13 percent to $1.65 trillion; imports dropped 1.53 percent to $2.5 trillion. Thus, the U.S. trade deficit with Mexico was about $63.6 billion for last year. These numbers are not necessarily able to paint a complete picture of trade between these two countries, however. 2020 : U.S. trade in goods with Mexico . NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Details may not equal totals due to rounding. Table reflects only those months for which there was trade. No. 1: Mexico. Mexico’s trade with the United States rose 2.75 percent, from $300.61 billion to $308.89 billion through the first six months of 2019 when compared to the same period the previous year, according to a WorldCity analysis of latest U.S. Census Bureau data. The overall trade deficit was $498 billion up compared to the same period last year, when the deficit was $488 billion. Through July, the nation’s top trade partners were No. 1 Mexico, No. 2 Canada, No. 3 China, No. 4 Japan and No. 5 Germany. The same time period last year,
Mexico’s trade balance shifted to a USD 775 million surplus in August 2019 from a USD 2584 million deficit in the same month of the previous year and compared with market expectations of a USD 1304 million surplus. Exports increased 2.2 percent over a year earlier while imports dropped 5.9 percent. The U.S. goods trade deficit with Mexico was $81.5 billion in 2018. Trade in services with Mexico (exports and imports) totaled an estimated $59.4 billion in 2018. Services exports were $34.1 billion; services imports were $25.3 billion. The U.S. services trade surplus with Mexico was $8.8 billion in 2018.