Top Trading Ports
| Rank | Port | YTD |
|---|---|---|
| 1 | Port Laredo | $189.7 billion |
| 2 | Ysleta-Zaragoza International Bridge, TX | $46.9 billion |
| 3 | Otay Mesa Freeway Border Crossing, CA | $35.4 billion |
| 4 | Pharr International Bridge in TX | $26.4 billion |
| 5 | Eagle Pass | $26.1 billion |
| 6 | Santa Teresa Border Crossing, NM | $21.9 billion |
| 7 | Nogales Border Crossing, AZ | $21.1 billion |
| 8 | Calexico/Mexicali (East) Border Crossing, CA | $12.9 billion |
| 9 | El Paso Bridge of the Americas, TX | $12.3 billion |
| 10 | Brownsville International Bridges | $11.8 billion |
Overall Rank
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Top Exports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Gasoline, other fuels | $19.7 billion |
| 2 | Motor vehicle parts | $12 billion |
| 3 | Computer chips | $6.9 billion |
| 4 | Computer parts | $6.7 billion |
| 5 | Low-value shipments | $5.5 billion |
| 6 | Natural gas, LNG | $3.8 billion |
| 7 | Civilian aircraft, parts | $3.5 billion |
| 8 | Corn | $3.3 billion |
| 9 | Cell phones, related equipment | $2.8 billion |
| 10 | Electrical supplies <1000V | $2.8 billion |
Top Imports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Passenger vehicles | $27.5 billion |
| 2 | Computers | $23.4 billion |
| 3 | Commercial vehicles | $21.5 billion |
| 4 | Motor vehicle parts | $21.4 billion |
| 5 | Insulated wire, cable | $9.7 billion |
| 6 | Oil | $7.5 billion |
| 7 | Medical instruments | $7.1 billion |
| 8 | Tractors | $6.3 billion |
| 9 | Cell phones, related equipment | $5.6 billion |
| 10 | Electrical boards, panels and switches | $4.9 billion |
Mexico’s trade with the United States increased to $486.03 billion through the first seven months of 2024, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.22 percent above its total trade during the same time period last year ago. U.S. exports to Mexico increased 4.33 percent while U.S. imports from Mexico rose 5.83 percent. The U.S. deficit with Mexico was $95.93 billion.
Through July, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Laredo; No. 2 Ysleta-Zaragoza International Bridge, TX; No. 3 Otay Mesa Freeway Border Crossing, CA; No. 4 Pharr International Bridge in TX; and No. 5 Eagle Pass. During the same period the previous year, the top five were No. 1 Port Laredo; No. 2 Ysleta-Zaragoza International Bridge, TX; No. 3 Otay Mesa Freeway Border Crossing, CA; No. 4 Pharr International Bridge in TX and No. 5 Eagle Pass. In the current time period, the top five accounted for 66.74 percent of Mexico’s U.S. trade.
Among those top five:
- Trade with No. 1 Port Laredo rose 5.1 percent to $189.65 billion.
Exports rose 4.35 percent to $74.49 billion. Imports rose 5.6 percent to $115.16 billion. - Trade with No. 2 Ysleta-Zaragoza International Bridge, TX rose 4.08 percent to $46.88 billion.
Exports rose 8.44 percent to $16.58 billion. Imports rose 1.83 percent to $30.3 billion. - Trade with No. 3 Otay Mesa Freeway Border Crossing, CA fell 0.45 percent to $35.39 billion.
Exports rose 6.66 percent to $13.97 billion. Imports fell 4.6 percent to $21.42 billion. - Trade with No. 4 Pharr International Bridge in TX rose 0.57 percent to $26.36 billion.
Exports fell 9.71 percent to $9.19 billion. Imports rose 7.11 percent to $17.17 billion. - Trade with No. 5 Eagle Pass rose 18.64 percent to $26.09 billion.
Exports rose 23.53 percent to $8.06 billion. Imports rose 16.57 percent to $18.03 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. 1.
Meanwhile, total U.S. trade with the world increased to $3.05 trillion, up 3.73 percent compared to the same period last year. The nation’s exports climbed 2.62 percent to $1.2 trillion; imports climbed 4.45 percent to $1.86 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Germany and Japan. The overall trade deficit was $660.37 billion, up compared to the same period of last year when the deficit was $611.75 billion.
The top five U.S. exports to Mexico by value through July were the categories of Gasoline, other fuels; Motor vehicle parts; Computer chips; Computer parts; and Low-value shipments, respectively. They accounted for 26.05 percent of total exports to Mexico.
The value of the top five categories of U.S. imports from Mexico –– Passenger vehicles; Computers; Commercial vehicles; Motor vehicle parts; and Insulated wire, cable –– accounted for 35.52 percent of all inbound shipments.
Looking more closely at U.S. exports to Mexico:
- Gasoline, other fuels fell 2.12 percent compared to last year to $19.7 billion.
- Motor vehicle parts rose 1.08 percent compared to last year to $12.04 billion.
- Computer chips fell 1.06 percent compared to last year to $6.9 billion.
- Computer parts rose 62.79 percent compared to last year to $6.67 billion.
- Low-value shipments rose 1.22 percent compared to last year to $5.51 billion.
Looking more closely at U.S. imports from Mexico:
- Passenger vehicles rose 15.26 percent compared to last year to $27.49 billion.
- Computers rose 46.71 percent compared to last year to $23.35 billion.
- Commercial vehicles rose 13.67 percent compared to last year to $21.45 billion.
- Motor vehicle parts rose 5.92 percent compared to last year to $21.38 billion.
- Insulated wire, cable rose 6.12 percent compared to last year to $9.67 billion.
In the latest annual figures available, Mexico recorded $798.83 billion in trade with the United States. Total U.S. exports to Mexico were $ 323.23 billion and imports from Mexico were $475.61 billion. The U.S. deficit with Mexico was $152.38 billion.
