Mexico Trade

Boardering the United States to the south, Mexico is the third largest trading partner for the U.S., while the U.S. is the largest for Mexico, with nearly one billion dollars of goods crossing the border each day.  Here are some trade highlights between Mexico and the United States*:

• A total of 22 U.S. states have Mexico as the number one or number two destination for their exports
• In 2009, U.S. goods exports to Mexico were $129 billion and U.S. goods imports from Mexico were $177 billion.
• Since NAFTA implementation in 1994, U.S. exports to Mexico have nearly tripled and Mexican exports to the United States have more than quadrupled.
• Roughly 80% of Mexico’s total global exports of $230 billion go to the U.S.
• More than half of Mexico’s total global imports of $234 billion come from the U.S. and are valued at $129 billion dollars.
• In 2009, the U.S. provided up to 80% of all inputs for Mexico’s maquiladora manufacturing and assembly firms, and 90% of all exports from Mexico’s maquiladoras returned to the U.S., translating to over $114 billion in bilateral trade.
• Nearly 80% of Mexico’s agricultural imports come from the U.S. with an annual growth rate of almost 9% per year since the beginning of NAFTA.
• The U.S. is the largest foreign investor in Mexico, accounting for over 50% of all reported foreign direct investment.

*As reported by the U.S. Department of State