Mexico Trade Corridor
The Mexico to US trade corridor.What moves, and how it is paid for.
Every major trade between Mexico and the United States on one page. Pick a product or a finance topic, read the short answer, then go deeper.
By the numbers, 2025
- US$545.4bnMexico's exports to the US, Mexico data
- US$249.9bnMexico's imports from the US, Mexico data
- US$872.8bnTwo-way US-Mexico goods trade, US Census data
- 88%Share of US imports from Mexico that met USMCA rules, Jan to May 2026
Facts as of October 23, 2026. Every page in this series states the facts as they stood on its date of publication. Tariffs, rules and figures may have changed since. Tariffs and trade policy change often, so we review these pages every month and update them.
The corridor
What it is, why it matters, how it works
01
What it is
What is the Mexico to US trade corridor?
The trade in goods between Mexico and the United States. Mexico reported US$795.3 billion of two-way trade with the US in 2025: US$545.4 billion of exports and US$249.9 billion of imports1.
03
How it works
How does it work, and how is it paid for?
Goods entered under a USMCA claim are exempt from the 10% Section 301 tariff on Mexican goods in force since July 24, 2026; 88% of US imports from Mexico met USMCA rules from January to May 20262. Section 232 tariffs on autos, auto parts, steel, aluminum and copper still apply under their own rules, which give some USMCA goods partial relief2. The corridor watch lists every rate. Trucks carry most of the value3. Buyers and sellers agree the payment terms: cash in advance, letters of credit, collections or open account, with factoring and supplier finance alongside. No public source gives the share of each in this corridor.
Two sides of the same trade
Why do Mexico and the US report different numbers?
Each country records its own customs declarations, with its own rules for valuing goods, naming the partner country, counting re-exports and timing. Northbound, the two sides agree within 1.2% in 2025. Southbound, the US reports US$338.0 billion of exports to Mexico and Mexico reports US$249.9 billion of imports from the US, a gap of US$88.1 billion, equal to 35.3% of Mexico's figure1. Every figure in this series says whose data it is, and rankings use Mexico's data. Read why the numbers differ.
Trade between Mexico and the US, as reported by each side
- Mexico exports to the US, Mexico data
- US imports from Mexico, US data
- Mexico imports from the US, Mexico data
- US exports to Mexico, US data
Start here
Five pieces that explain the whole corridor
The big pictureThe Mexico to US corridor: what moves and how it is paid forRead →
The dataTwo sides of the same trade: why Mexico's and US data differRead →
The borderHow goods cross: border crossings, rail lines and portsRead →
Explore the numbersCorridor data explorerRead →
Rules in forceCorridor watch: tariffs and rules in forceRead →
Find your trade
What does Mexico sell to the US, and what does it buy?
The ten largest trades in each direction, ranked by 2025 value as reported by Mexico (UN Comtrade, 4-digit HS codes). Open a card for both sides of the numbers, then read the full brief.
Top 10 exports to the US
1
Computers and serversHS 8471US$78.3bn
Computers, servers and other data-processing machines. Value in 2025 as reported by Mexico. ▲ 167.1% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 78.3 | 89.9 |
| US to Mexico | 2.6 | 13.7 |
2
Passenger carsHS 8703US$44.9bn
Cars and other vehicles designed to carry people. Value in 2025 as reported by Mexico. ▲ 54.4% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 44.9 | 44.7 |
| US to Mexico | 4.4 | 4.0 |
3
Auto partsHS 8708US$36.8bn
Parts and accessories for cars, trucks and buses. Value in 2025 as reported by Mexico. ▲ 59.7% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 36.8 | 35.2 |
| US to Mexico | 16.6 | 18.9 |
4
TrucksHS 8704US$35.8bn
Trucks and other vehicles that carry goods, including pickups. Value in 2025 as reported by Mexico. ▲ 53.2% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 35.8 | 34.2 |
| US to Mexico | 1.7 | 1.4 |
5
Wire and cableHS 8544US$18.7bn
Insulated wire, cable and other electric conductors, including fiber-optic cable. Value in 2025 as reported by Mexico. ▲ 80.4% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 18.7 | 17.9 |
| US to Mexico | 3.5 | 5.0 |
6
Medical instrumentsHS 9018US$14.6bn
Instruments and appliances for medical, surgical, dental and veterinary use. Value in 2025 as reported by Mexico. ▲ 86.4% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 14.6 | 12.9 |
| US to Mexico | 3.7 | 4.6 |
7
Phones and network equipmentHS 8517US$14.2bn
Telephones, smartphones and equipment for data and voice networks. Value in 2025 as reported by Mexico. ▲ 69.0% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 14.2 | 13.2 |
| US to Mexico | 2.2 | 6.5 |
8
Monitors and TVsHS 8528US$10.3bn
Monitors, projectors and television receivers. Value in 2025 as reported by Mexico. ▼ 10.1% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 10.3 | 9.8 |
| US to Mexico | 0.4 | 0.3 |
9
Computer partsHS 8473US$8.3bn
Parts and accessories for computers and office machines. Value in 2025 as reported by Mexico. ▲ 804.4% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 8.3 | 3.7 |
| US to Mexico | 1.0 | 20.6 |
10
Electrical control panelsHS 8537US$8.3bn
Boards, panels and cabinets that control and distribute electricity. Value in 2025 as reported by Mexico. ▲ 94.7% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 8.3 | 8.8 |
| US to Mexico | 1.3 | 1.7 |
Top 10 imports from the US
1
Refined fuelsHS 2710US$23.1bn
Refined petroleum products such as gasoline and diesel. Value in 2025 as reported by Mexico. ▲ 49.1% since 2020
| Mexico data | US data | |
|---|---|---|
| US to Mexico | 23.1 | 27.5 |
| Mexico to US | 4.4 | 3.1 |
2Auto partsHS 8708US$16.6bn
Parts and accessories for cars, trucks and buses. Value in 2025 as reported by Mexico. ▲ 37.1% since 2020
| Mexico data | US data | |
|---|---|---|
| US to Mexico | 16.6 | 18.9 |
| Mexico to US | 36.8 | 35.2 |
3
Natural gas and LPGHS 2711US$10.8bn
Natural gas and liquefied petroleum gas. Value in 2025 as reported by Mexico. ▲ 66.1% since 2020
| Mexico data | US data | |
|---|---|---|
| US to Mexico | 10.8 | 9.4 |
| Mexico to US | 0.0 | 0.2 |
4
CornHS 1005US$5.7bn
Corn (maize), the grain. Value in 2025 as reported by Mexico. ▲ 98.3% since 2020
| Mexico data | US data | |
|---|---|---|
| US to Mexico | 5.7 | 6.0 |
| Mexico to US | 0.0 | 0.0 |
5
Diesel enginesHS 8408US$5.1bn
Diesel engines. Value in 2025 as reported by Mexico. ▲ 37.2% since 2020
| Mexico data | US data | |
|---|---|---|
| US to Mexico | 5.1 | 3.2 |
| Mexico to US | 2.0 | 2.0 |
6Passenger carsHS 8703US$4.4bn
Cars and other vehicles designed to carry people. Value in 2025 as reported by Mexico. ▲ 142.5% since 2020
| Mexico data | US data | |
|---|---|---|
| US to Mexico | 4.4 | 4.0 |
| Mexico to US | 44.9 | 44.7 |
7
Gas turbines and jet enginesHS 8411US$4.2bn
Gas turbines and jet engines. Value in 2025 as reported by Mexico. ▲ 148.8% since 2020
| Mexico data | US data | |
|---|---|---|
| US to Mexico | 4.2 | 1.4 |
| Mexico to US | 5.9 | 2.4 |
8Medical instrumentsHS 9018US$3.7bn
Instruments and appliances for medical, surgical, dental and veterinary use. Value in 2025 as reported by Mexico. ▲ 66.4% since 2020
| Mexico data | US data | |
|---|---|---|
| US to Mexico | 3.7 | 4.6 |
| Mexico to US | 14.6 | 12.9 |
9
Gasoline enginesHS 8407US$3.7bn
Spark-ignition engines, such as gasoline engines. Value in 2025 as reported by Mexico. ▲ 155.2% since 2020
| Mexico data | US data | |
|---|---|---|
| US to Mexico | 3.7 | 3.5 |
| Mexico to US | 2.9 | 4.2 |
10Wire and cableHS 8544US$3.5bn
Insulated wire, cable and other electric conductors, including fiber-optic cable. Value in 2025 as reported by Mexico. ▲ 45.8% since 2020
| Mexico data | US data | |
|---|---|---|
| US to Mexico | 3.5 | 5.0 |
| Mexico to US | 18.7 | 17.9 |
Also covered
Farm, food and drinkHS chapters 01 to 24US$43.0bn
Beer, avocados and mangoes, tequila and other spirits, vegetables and tomatoes lead. Value in 2025 as reported by Mexico. ▲ 36.4% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 43.0 | 45.5 |
SeatsHS 9401US$7.6bn
Seats, including vehicle seats, and seat parts. Value in 2025 as reported by Mexico. ▲ 55.7% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 7.6 | 8.1 |
| US to Mexico | 0.9 | 1.1 |
Switches and connectorsHS 8536US$5.3bn
Switches, fuses, plugs, sockets and connectors for electrical circuits. Value in 2025 as reported by Mexico. ▲ 67.6% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 5.3 | 4.8 |
| US to Mexico | 3.3 | 4.5 |
Air conditionersHS 8415US$7.5bn
Air conditioning machines. Value in 2025 as reported by Mexico. ▲ 89.2% since 2020
| Mexico data | US data | |
|---|---|---|
| Mexico to US | 7.5 | 7.5 |
| US to Mexico | 0.5 | 0.5 |
The corridor guide
How does trade finance work in this corridor?
Twenty short guides on how goods, money and paperwork move between Mexico and the US, in five parts. For how each instrument works, they link to the Ossiano Trade Finance Guide and the glossary.
AHow the corridor works
BMoney in the corridor
CMexican exporters selling to US buyers
DMexican importers buying from the US
Questions
Short answers
What is the Mexico to US trade corridor?
It is the trade in goods between Mexico and the United States. Mexico reported US$545.4 billion of exports to the US and US$249.9 billion of imports from the US in 2025, or US$795.3 billion of two-way trade.
How big is trade between Mexico and the US?
Two-way goods trade between the US and Mexico was US$872.8 billion in 2025 on US Census Bureau data, as reported by the Congressional Research Service. Mexico was the largest US goods trading partner.
What does Mexico export to the US?
The three largest lines in 2025, as reported by Mexico, were computers and servers (US$78.3 billion), passenger cars (US$44.9 billion) and auto parts (US$36.8 billion). Trucks (US$35.8 billion) and wire and cable (US$18.7 billion) follow.
What does Mexico buy from the US?
The three largest lines in 2025, as reported by Mexico, were refined fuels (US$23.1 billion), auto parts (US$16.6 billion) and natural gas and LPG (US$10.8 billion). Corn (US$5.7 billion) and diesel engines (US$5.1 billion) follow.
Why do Mexico's and the US numbers differ?
Each country records its own customs declarations, with different rules for value, country of origin and timing. In 2025 the US reported US$338.0 billion of exports to Mexico, while Mexico reported US$249.9 billion of imports from the US. Northbound, the two sides are within 1.2% of each other.
How do goods cross the border?
Trucks carried 73.6% of US-Mexico freight value in 2025 and rail carried 10.9%, on US Bureau of Transportation Statistics data. Laredo, Texas handled 46.1% of the truck trade value.
Is USMCA still in force?
Yes. On July 1, 2026 the US did not agree to renew the agreement in its current form. USMCA stays fully in force and now goes through annual joint reviews. It would end on July 1, 2036 unless the three countries confirm an extension.
How is trade in this corridor paid for?
Buyers and sellers agree the terms: cash in advance, letters of credit, documentary collections or open account, with factoring and supplier finance programs alongside. No public source gives the share of each for Mexico-US trade. Across all business-to-business sales in Mexico, Atradius reports that about 30% are made on credit.
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Start the ConversationSources and notes
- UN Comtrade, annual trade data 2020 to 2025, Mexico and the US as reporters. Downloaded October 2026; 2025 figures may be revised. https://comtradeplus.un.org/
- Congressional Research Service, U.S.-Mexico Trade Relations (IF11175), August 13, 2026. https://www.everycrsreport.com/files/2026-08-13_IF11175_366b72c3fd2f3ebe10b28bf3feddca0088251bbb.html
- Air Freight News, US Bureau of Transportation Statistics transborder freight data, 2025 annual report, March 17, 2026. https://airfreight.news/articles/full/transborder-freight-data-annual-report-2025
- IISD Investment Treaty News, United States declines to renew USMCA at first joint review, September 9, 2026. https://www.iisd.org/itn/2026/09/09/united-states-declines-to-renew-usmca-at-first-joint-review-triggering-annual-reviews/
- Atradius, B2B payment practices trends in Mexico, 2026. https://atradius.us/knowledge-and-research/reports/b2b-payment-practices-trends-in-mexico-2026
Trade values are US dollars from UN Comtrade at the 4-digit HS level, excluding code 9999 (goods not specified by kind). Percent changes compare 2025 with 2020. All facts are as of October 23, 2026, the date of publication, and may have changed since. Rules and tariffs change often; the corridor watch keeps the live list.
About this page. Prepared for Ossiano Capital. People planned, researched, wrote and checked this page and every brief in the series, using AI tools to help with research and checking. You are welcome to quote or reuse it: please credit Ossiano Capital and link to this page.