US Trade With Mexico Surges To No. 1 Position

Mexico was the biggest trade partner of the U.S. in 2023 and the biggest source of the country's imports ahead of China.

As Statista's Katharina Buchhoz details below, trade with Mexico - both imports and exports - totaled close to $800 billion last year as efforts to source closer to home and reduce dependence on China are ongoing in the U.S. and other Western countries.

The U.S. has also intensified trade with its neighbor to the North.

Canada is currently the country's top 2 trade partner and top 3 source of imports, only slightly behind China for the latter metric.

Trade with two more close allies, Japan and Germany, also grew over the last couple of years.