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In 2023, U.S. exports to Mexico totaled US$322 billion, while the U.S. imported over US$475 billion of Mexican products, according to data from the U.S. Census Bureau. [10] Roughly 70 percent of Mexico's natural gas consumption comes from the United States, and the U.S. imports about 700,000 barrels of crude oil from Mexico each day. [3]
Mexican exports to the U.S. reached $475 billion in 2023, with 13%, or about $62 billion, shipped to California. ... Stock market today: Asia shares trade mixed as investors weigh impact of US ...
The increase in Mexican exports to the US has “been roughly matched by simultaneous and closely correlated growth in Mexican imports from China,” according to S&P Global Market Intelligence ...
Balance of trade with the United States. The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Canada is the largest trading partner of the United States, followed by Mexico. [1]
While an updated agreement with the E.U. could mitigate some of the potential losses from disrupted U.S.-Mexico trade, trade between Mexico and the European Union still represents only a small ...
This increase in exports led to a decrease in the Mexican trade deficit. The United States is currently Mexico's largest trade partner, with 88.66 percent of Mexican exports going to the United States. As a result, Mexico's economy is largely tied up in the United States’. Due to this increased dependency on the United States’ economy ...
CIUDAD JUAREZ (Reuters) -Trade across the U.S.-Mexican border has been slowed over the past week as U.S. authorities have shut down crossings and imposed extra security checks amid an increase in ...
The sum of the imports of the states is lower than the value of the United States' total imports. The difference results from goods originating from states of origin, returned goods and goods with unidentified states of origin. Overall, Texas has the highest export rank, while the Northern Mariana Islands has the lowest export rank.