This figure represented 66% of Mexico’s total trade.
The country with the greatest weight in this exchange is the United Stateshence the concern expressed by Ambassador Ken Salazar regarding the possible approval of a reform to the Mexican Judiciary.
Banxico’s own figures indicate that bilateral trade between Mexico and the United States was $745,623 million in 2023.
Within this, Mexico’s exports to the neighboring country were located at 490,183 million dollars and imports at 255,439 million.
The above means that the trade relationship benefits Mexico more, with a surplus of 234,744 million dollars.
Mexico has managed to position itself as the main commercial partner of the United States and with the T-MEC a greater strengthening was expected, but analysts and experts now see this with uncertainty, mainly due to the Judicial Reform and the elimination of autonomous bodies.
Canada is less dynamic, with Mexico registering trade exchanges of 31,131 million dollars.
Of this amount, 18,009 million dollars correspond to exports and 13,121 to imports, the surplus for Mexico was 4,888 million.
Mexico’s main sales to both countries are vehicles, as well as parts and accessories for them.
