Mexico surpasses Canada as main destination for US exports in 2025

In 2025, Mexico became the top market for US exports, with $337.9 billion, surpassing Canada for the first time at $336.5 billion. This milestone underscores the growing trade integration under the T-MEC and bilateral dynamism. Economy Secretary Marcelo Ebrard highlighted these figures on social media as evidence of the Mexico-US relationship's weight.

US Department of Commerce figures show that in 2025, US exports to Mexico reached $337.9 billion, accounting for 15.5% of the country's total shipments. This exceeded Canada, which received $336.5 billion, or 15.4%. According to Mexico's Business Coordinating Council, it is the first time annually that Mexico receives more US exports than Canada.

Economy Secretary Marcelo Ebrard shared these figures on social media, adding that Mexico is the main destination for 25% of US industrial sectors. An analysis by the Center for Strategic and International Studies (CSIS) states that since 2020, Mexico has been the fastest-growing and most stable US export destination, with exports doubling over 15 years. This illustrates how a more prosperous Mexico has become a key market for US products.

In the context of trade tensions under the Donald Trump administration, Mexico avoided adverse scenarios through pragmatic negotiations, unlike Canada, which initially imposed retaliatory tariffs. Statistics Canada data indicate that Canadian imports from the US fell 6.2% in December 2025 compared to the previous year, and exports to the US dropped 5.7%, resulting in the narrowest trade surplus with the US in five years.

Bidirectionally, Mexico's exports to the US closed at $534.9 billion, a record with 5.8% growth, capturing 15.7% of US imports. This widened the US trade deficit with Mexico to $196.9 billion, a 14.8% increase from 2024, positioning Mexico as the second-largest US deficit after China. In December, Mexico's exports to the US totaled $42.4 billion, the highest monthly historical figure.

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Mexico and US officials Marcelo Ebrard and Jamieson Greer shaking hands at T-MEC review talks in Washington, with optimistic private sector observers and trade documents.
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Mexico-US Bilateral T-MEC Review Talks Set to Begin March 16 Amid Private Sector Optimism and Regional Developments

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Mexico and the United States will launch the first formal bilateral round of talks on March 16 in Washington to review the United States-Mexico-Canada Agreement (T-MEC), announced by Economy Secretary Marcelo Ebrard on March 5 following agreement with U.S. Trade Representative Jamieson Greer. Discussions will cover rules of origin, industrial integration, supply chain security, and regional competitiveness, as Mexico's private sector expresses optimism.

Mexico's merchandise exports to the United States hit a record high of $44.5 billion in November 2025, solidifying the country as the top trading partner of the world's largest economy.

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Mexico solidified its position as the top US trading partner in February 2026, with exports totaling $44.3 billion, or 17.5% of total US imports. This marks a significant rise from prior periods, as China dropped to fourth place. The figures come from the US Census Bureau.

The T-MEC review poses major hurdles for Mexico, as the US prioritizes national security over commercial efficiency. Analysts highlight Mexico's vulnerability in bilateral talks and shifting strategic perceptions. Mexico's low 0.7% economic growth in 2025 worsens its position.

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Colombia's total imports in 2025 amounted to US$70.502.1 million, a 10% increase from 2024, mainly driven by the manufacturing sector. In December of that year, external purchases reached US$6,050.7 million, up 7.1%. This trend highlights increased acquisitions in machinery and agricultural products.

The Mexican export blend price hit 99.21 dollars per barrel, its highest in over three years and eight months, driven by Middle East tensions. This exceeds the SHCP's 2026 forecast by 80.7%. Fuel prices in Mexico rose moderately, with diesel most affected.

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China's trade performance exceeded expectations at the beginning of 2026, with exports rising sharply. The growth rate reached 21.8% year-on-year for January and February, compared to 5.5% in the previous year. This surge was propelled by key sectors amid global demand.

 

 

 

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