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Mexico

Mexico ranked No. 1 in total trade value through March with a total of $150.58 billion. Exports totaled $63.95 billion and Imports totaled $86.63 billion, a deficit of $22.68 billion.

January – March 2019

Top Trading Ports

Total Trade: $150.58 billion

RankPortTotal YTD
1Port Laredo $55,826,154,380
2El Paso Border Crossing, Texas $18,582,595,828
3Otay Mesa Freeway Border Crossing, Calif. $11,325,903,599
4Pharr International Bridge in Texas $8,926,070,252
5Santa Teresa Border Crossing, N.M. $7,161,743,708
6Nogales Border Crossing, Ariz. $6,880,661,155
7Eagle Pass-Piedras Negras International Bridge, Border Crossing, Texas $6,629,360,549
8Calexico/Mexicali (East) Border Crossing, Calif. $4,380,753,595
9Brownsville International Bridges $4,236,778,043
10Port of Houston $3,573,133,806

U.S. trade with Mexico rose to $150.58 billion through March

Mexico’s trade with the United States rose to $150.58 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.06 percent above its total trade during the same time period last year. Mexico’s exports increased 0.03 percent while imports rose 5.41 percent. The U.S. deficit with Mexico was $22.68 billion.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Laredo; No. 2 El Paso Border Crossing, Texas; No. 3 Otay Mesa Freeway Border Crossing, Calif.; No. 4 Pharr International Bridge in Texas; and No. 5 Santa Teresa Border Crossing, N.M.. During the same period the previous year, the top five were No. 1 Port Laredo No. 2 El Paso Border Crossing, Texas No. 3 Otay Mesa Freeway Border Crossing, Calif. No. 4 Pharr International Bridge in Texas and No. 5 Eagle Pass-Piedras Negras International Bridge, Border Crossing, Texas. In the current time period, the top five accounted for 67.62 percent of Mexico’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Laredo rose 1.57 percent to $55.83 billion.
    Exports fell 2.53 percent to $23.63 billion. Imports rose 4.8 percent to $32.2 billion.
  • Trade with No. 2 El Paso Border Crossing, Texas fell 0.13 percent to $18.58 billion.
    Exports fell 3.81 percent to $7.75 billion. Imports rose 2.68 percent to $10.83 billion.
  • Trade with No. 3 Otay Mesa Freeway Border Crossing, Calif. rose 9.75 percent to $11.33 billion.
    Exports rose 7.81 percent to $4.24 billion. Imports rose 10.95 percent to $7.08 billion.
  • Trade with No. 4 Pharr International Bridge in Texas rose 5.43 percent to $8.93 billion.
    Exports rose 1.72 percent to $3.05 billion. Imports rose 7.47 percent to $5.88 billion.
  • Trade with No. 5 Santa Teresa Border Crossing, N.M. rose 24.41 percent to $7.16 billion.
    Exports rose 30.59 percent to $3.43 billion. Imports rose 19.22 percent to $3.73 billion.

Mexico ranked No. 1 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 3.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Mexico by value through March were the categories of Gasoline, other fuels; Motor vehicle parts; Computer parts; Low value shipments; and Computer chips, respectively. They accounted for 27.1 percent of total exports to Mexico.

The value of the top five categories of U.S. imports from Mexico –– Motor vehicles for transporting people; Motor vehicle parts; Computers; Commercial vehicles; and Oil –– accounted for 34.86 percent of all inbound shipments.

Looking more closely at U.S. exports to Mexico:

  • Gasoline, other fuels rose 0.58 percent compared to last year to $6.63 billion.
  • Motor vehicle parts rose 1.15 percent compared to last year to $4.21 billion.
  • Computer parts rose 28.09 percent compared to last year to $3.17 billion.
  • Low value shipments fell 0.11 percent compared to last year to $1.79 billion.
  • Computer chips fell 11.79 percent compared to last year to $1.53 billion.

Looking more closely at U.S. imports from Mexico:

  • Motor vehicles for transporting people rose 12.87 percent compared to last year to $9.47 billion.
  • Motor vehicle parts rose 3.38 percent compared to last year to $6.25 billion.
  • Computers rose 5.71 percent compared to last year to $6.13 billion.
  • Commercial vehicles rose 11.61 percent compared to last year to $5.34 billion.
  • Oil fell 12.45 percent compared to last year to $3.01 billion.

In the latest annual figures available, Mexico recorded $557.03 billion in trade with the United States. At year’s end, its were Laredo; El Paso; San Diego; Phoenix/Nogales; and Houston. Total U.S. exports to Mexico were $ 242.99 billion and imports from Mexico were $314.05 billion. The U.S. deficit with Mexico was $71.06 billion.