Mexico maintains significant trade surplus with the US

Mexican exports to the U.S. declined successful April for the archetypal clip successful 13 months, portion Mexico’s commercialized surplus with its bluish neighbour accrued since past year, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis.

Data from the U.S. International Trade successful Goods and Services study for April showed that Mexico had a US $13.5 cardinal commercialized surplus that month, up 2.8% from April 2024. However, the surplus this April decreased compared to March, erstwhile Mexico registered a US $16.8 cardinal commercialized surplus with the U.S.

Mexico exported astir US $41.7 cardinal successful goods and services to the U.S. successful April, 2.7% little than April 2024. The diminution is owed to the assertive tariffs that U.S. President Trump placed connected Mexican goods extracurricular the U.S.-Mexico-Canada commercialized statement (USMCA), according to the website Trading Economics.

At the aforesaid time, U.S. exports to Mexico fell year-on-year by 5.2%, down from US $29.4 cardinal successful April 2024 to US $27.8 cardinal this year.

Even so, Mexico was the apical exporter to the U.S. successful April and besides the apical recipient of U.S. goods and services.

The commercialized study was released arsenic Mexico’s Economy Minister Marcelo Ebrard is negotiating with U.S. officials aft Trump doubled tariffs connected imports of alloy and aluminum to 50%. Ebrard criticized the measurement which went into effect connected Wednesday, calling it “unsustainable.”

Economy Minister Marcelo Ebrard described the caller 50% alloy and aluminum tariffs arsenic unsustainable owed to the harm they would origin to some U.S. manufacture and that of its commercialized partners. (Daniel Augusto/Cuartoscuro)

Before heading to Washington, Ebrard expressed uncertainty that the tariffs could beryllium sustained implicit time, saying they would harm industries successful some countries, since alloy is utilized chiefly for the automotive industry, operation and electronics.

Ebrard called the tariffs unfair, pointing retired that the U.S. enjoys a surplus successful alloy commercialized with Mexico.

“It doesn’t marque consciousness to enactment a tariff connected a merchandise you person a surplus in,” helium said. “Normally, it’s imposed erstwhile you person a deficit, not a surplus.”

Even with the diminution registered successful April, Mexico remains the U.S.’ No. 1 commercialized partner, with full commercialized exceeding US $69 billion, representing 15% of U.S. planetary trade. Canada (US $56.6 billion, oregon 12.2%) and China (US $33.6 billion, oregon 7.2%) were 2nd and third, respectively.

Overall, Mexico accounted for 14.7% of each goods and services imported by the U.S. successful the archetypal 4 months of the year, somewhat up of Canada (13.1%) and astir doubling China (8.7%). China is the U.S. trading spouse astir affected by the U.S. tariffs.

Exports to the U.S. from China and from Canada fell much steeply, dropping 19.7% for China and 14.4% for Canada. Canada is the U.S.’ No. 2 commercialized spouse and China is third.

The U.S. commercialized study besides included first-quarter statistic connected commercialized successful goods and services by country.Its figures bespeak Mexico enjoyed a US $49.2 cardinal surplus done the archetypal 3 months of 2025.

With reports from El Economista, La Jornada, Trading Economics and El Financiero