Mexico Increases Its US Trade Surplus

Mexico's year-over-year trade surplus in goods with the United States rose to 21.2% during the first half of the year, reaching US$155.8 billion, according to the Census Bureau.

Consequently, Mexico ranks second among the economies with the largest trade surpluses with the United States, surpassed only by Taiwan, with US$163.9 billion.

At the same time, Mexico reached a record share of 17.4% of total U.S. imports in the first half of 2026, and for the first time since 2001—when China joined the WTO (World Trade Organization)—it doubled China’s market share.

In the first eight months of this year, Mexico's exports to the U.S. market rose at a year-over-year rate of 18.3%, reaching US$419.3 billion, according to data released by the Census Bureau.

Meanwhile, Mexico's growth in these trade flows is driven by increased shipments of low-value-added computer equipment and other goods such as telephones and non-oil extractive products.

Mexico’s 17.4% share increased from the 15.3% share it recorded year-to-date through August 2025, in contrast to the decline in the shares of Canada (from 11.2% to 11.1%) and China (from 9.5% to 7.6%) over the same period.

Mexico exports the most to its northern neighbor—products such as computers, cars, auto parts, freight vehicles, harnesses, telephones, and medical devices and instruments.

Mexico imported US$263.4 billion worth of goods from the United States during the same period, resulting in a trade surplus of US$155.8 billion.

As a result, Mexico remained the United States’ largest trading partner (imports plus exports).