The United States also has a significant trade deficit with Mexico. This deficit is smaller than that of China’s at $152 billion. The U.S. has imported $475 billion worth of goods from Mexico in 2023, including vehicles and auto parts.

4 days ago · The 2024 deficit was a record $1.2 trillion, marking the fourth consecutive trade deficit above $1 trillion and the sixth increase in the last eight years, according to my analysis of U.S. Census ...

6 days ago · The Commerce Department report also showed the United States ran record bilateral trade deficits with Mexico, Vietnam, India, Taiwan, South Korea and the 27-nation European Union.

Sep 14, 2024 · As Mexico’s trade has increased, the United States has seen its deficit with its southern neighbor grow rapidly, though the balance of trade — the ratio that results from exports divided...

6 days ago · Significant deficits were recorded with China ($25.3 billion), the European Union ($20.4 billion), Mexico ($15.2 billion), Switzerland ($13 billion), Vietnam ($11.4 billion) and Canada ($7.9...

5 days ago · Asked what Canada and Mexico needed to do to avoid sweeping new 25% tariffs, Trump said Sunday, “They have to balance out their trade, number one. We have deficits with almost every country ...

The U.S. goods trade deficit with Mexico was $130.5 billion in 2022, a 23.7 percent increase ($25.0 billion) over 2021. U.S. exports of services to Mexico were an estimated $37.7 billion in 2022, 21.4 percent ($6.6 billion) more than 2021, and 38 percent greater than 2012 levels.

Jun 6, 2024 · Services Trade The United States had a deficit in services trade with Mexico of $630 million in 2022 (latest available data), compared to a surplus of $2.7 billion in 2021. U.S. services exports to Mexico increased from $30.5 billion in 2021 to $37.7 billion in 2022, while imports increased from $27.8 billion to $38.3 billion.

Feb 7, 2024 · New data shows the goods trade deficit with Canada and Mexico is more than double what it was in 2017, when Donald Trump became president. President Donald Trump signs the United...

Feb 7, 2024 · Mexico did more trade with the United States in 2023 that ever and it once again become the United States’ top trade partner, according to U.S. trade data released today. U.S. trade fell slightly...