In 2023, the United States traded close to 799 billion U.S. dollars’ worth of goods with their neighbor. That year, the U.S. imported more goods from Mexico than it exported, leading to a trade deficit, or negative trade balance.
Mexico’s imports from the United States
The majority of cosmetics and personal care imports to Mexico originated from the U.S., while other Latin American countries, such as Colombia and Brazil, contributed significantly less in terms of import value. When it comes to apparel items, the United States was also among the leading trade partners for Mexico, although far behind China, where Mexico imported nearly all of its clothes from.
Leading product categories Mexico exports to the Unites States
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US Census Bureau. (March 5, 2024). Total value of U.S. trade in goods (export and import) with Mexico from 2004 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/218274/total-value-of-us-trade-in-goods-with-mexico-since-2004/
US Census Bureau. "Total value of U.S. trade in goods (export and import) with Mexico from 2004 to 2023 (in billion U.S. dollars)." Chart. March 5, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/218274/total-value-of-us-trade-in-goods-with-mexico-since-2004/
US Census Bureau. (2024). Total value of U.S. trade in goods (export and import) with Mexico from 2004 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/218274/total-value-of-us-trade-in-goods-with-mexico-since-2004/
US Census Bureau. "Total Value of U.S. Trade in Goods (Export and Import) with Mexico from 2004 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Mar 2024, https://www.statista.com/statistics/218274/total-value-of-us-trade-in-goods-with-mexico-since-2004/
US Census Bureau, Total value of U.S. trade in goods (export and import) with Mexico from 2004 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/218274/total-value-of-us-trade-in-goods-with-mexico-since-2004/ (last visited September 01, 2024)
Total value of U.S. trade in goods (export and import) with Mexico from 2004 to 2023 (in billion U.S. dollars) [Graph], US Census Bureau, March 5, 2024. [Online]. Available: https://www.statista.com/statistics/218274/total-value-of-us-trade-in-goods-with-mexico-since-2004/