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 3.4%, 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.