Mexico Remains US Largest Export Market

Mexico remained the United States’ largest export market for the fourth consecutive month and has also consolidated its position as the top source of US imports since 2023, reflecting the strength and resilience of regional supply chains. 

Additionally, Canada and Mexico together absorbed more than 29% of total US goods exports between January and October 2025, underscoring the growing depth of North American economic integration, according to data released by the U.S. Department of Commerce.

US exports to Mexico represented approximately 15.45% of the total during the period, while shipments to Canada accounted for about 14.49%.

The figures highlight the expanding productive integration across North America, driven by key sectors such as machinery and equipment, vehicles and auto parts, electronics, medical devices, steel, energy, and a broad range of agricultural products. Together, these industries reinforce North America’s global competitiveness and emphasize Mexico’s strategic role in supplying US industrial demand.

Agricultural Trade Strengthens Regional Food Security

Agricultural trade between Mexico and the United States has expanded significantly over three decades of economic integration and trade liberalization. From January to October 2025, Mexico emerged as the leading agricultural supplier to the United States and the second-largest global destination for US agricultural exports.

Mexico and the United States have developed a complementary agricultural partnership that supports regional food security. Mexico has positioned itself as a reliable supplier of high-quality food products in large volumes, including avocados, berries, beer, tomatoes,and limes. At the same time, Mexico is a major buyer of US agricultural exports such as pork, poultry and beef, dairy products, apples and pears, corn, wheat, legumes, and rice, making it a key economic partner for farmers across multiple US states.

Mexico Leads Latin America in High Tech Manufacturing Exports 

MBN previously reported that Mexico ranked among the world’s Top 10 exporting nations in 2024 after recording US$617 billion in total exports, cementing its position as Latin America’s leading exporter of high-technology manufactured goods, according to data from the World Trade Organization.

Mexico’s export performance is underpinned by structural advantages, including deep integration into North American supply chains, geographic proximity to the United States and Canada, and preferential access under USMCA. Economists also point to competitive production costs, strong logistics infrastructure and a growing pool of specialized talent as key factors supporting sustained export growth in the coming years.

The global market for high-technology manufactured goods has expanded rapidly over the past two decades. According to the Economic Commission for Latin America and the Caribbean (ECLAC), the value of global high-tech trade rose from US$2.4 trillion in 2005 to nearly US$6.6 trillion in 2024, growing at an average annual rate of 4.7%, as detailed in its International Trade Outlook for Latin America and the Caribbean 2025.

While China and the European Union account for the bulk of global high-tech exports, Mexico has emerged as the clear leader in Latin America and the Caribbean. The region as a whole represents about 4% of global high-tech exports, but Mexico alone accounts for 85% of the region’s total, up from 76% in 2005. Over the same period, Brazil’s share fell from 15% to 7%.

Mexico’s specialization is concentrated in two main segments: data processing and computing machinery, and automotive manufacturing. Mexico ranks first in 18 of the Top 20 high-technology products exported by the region, including gasoline-powered light vehicles, digital processing units, and transmitters with receivers. Analysts say this leadership reflects not only Mexico’s industrial scale, but also its ability to integrate into highly sophisticated global value chains.