Mexico and US
Mexico and US

Mexico’s rise came after tense tensions between the United States and China, which had surpassed Canada to take the top trading slot in 2014. The pandemic-era supply-chain disruptions that follow and the United States’ placement of tariffs on Chinese goods affected the global trade and investment flows in 2018, changing the dynamic.

Gains in Mexico can be seen by the country’s expansion in manufacturing, an essential component of goods trade with the United States. Total manufactured goods trade between Mexico and the U.S. was $234.2 billion in the first four months of 2023.

Overall, $157 billion was imported from Mexico while $107 billion was sent from the United States to Mexico.

In the first four months of 2023, commerce between the United States and Mexico accounted for 15.4% of all commodities exported and imported by the country; Canada and China were next with 15.2% and 12.0%, respectively

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