Mexico remained the most important U.S. buying and selling accomplice in April, extending a streak that started in 2023 and highlighting the continued energy of North American provide chains.
The surge in cross-border commerce continues regardless of rising uncertainty surrounding the way forward for the United States-Mexico-Canada Settlement (USMCA) commerce pact, in accordance with President Donald Trump.
On Wednesday, Trump mentioned the U.S. might not renew the settlement, arguing that the U.S. doesn’t want imports from its North American neighbors and may obtain extra favorable commerce phrases.
“I’m not trying to renew it,” Trump mentioned in accordance with Reuters. “We don’t want something that Canada has. We don’t want something that Mexico has, however they want every part that we have now. They should deal with us higher.”
Below the settlement, the three international locations should approve a renewal by July 1 or sign their intention to withdraw, a course of that would set off a prolonged renegotiation interval.
Regardless of Trump’s feedback, USMCA negotiations are ongoing. The Workplace of the U.S. Commerce Consultant has scheduled a second spherical of talks with Mexico in Washington on Wednesday and Thursday centered on agriculture and aggressive commerce practices. It will likely be adopted by extra discussions in Mexico Metropolis in the course of the week of July 20.
Mexico extends lead over Canada in U.S. commerce rankings
Two-way commerce between the U.S. and Mexico totaled $86.04 billion in April, up 23.4% from the identical month a 12 months earlier, in accordance with U.S. Census Bureau knowledge analyzed by WorldCity. U.S. exports to Mexico totaled $35.34 billion, whereas imports reached $50.69 billion.
Mexico accounted for 16.6% of all U.S. commerce in April and ranked first amongst U.S. buying and selling companions in total commerce, exports and imports. The April complete was the best month-to-month commerce worth with Mexico since WorldCity started monitoring the info in 2013.
Canada ranked second amongst U.S. buying and selling companions with $64.8 billion in two-way commerce throughout April, whereas Taiwan surged to 3rd place at $29.6 billion.
China slipped to fourth place at $29.2 billion in commerce with the U.S., marking one in all its lowest rankings amongst U.S. buying and selling companions in a long time as tariffs and supply-chain diversification proceed to reshape international commerce.
General U.S. commerce totaled $518.45 billion in April, with exports of $218 billion and imports of $300.46 billion. Complete commerce elevated 11.6% in comparison with April 2025.
Border gateways drive development
Cross-border land ports continued to dominate U.S.-Mexico commerce.
Port Laredo remained the busiest U.S.-Mexico gateway in April, dealing with $33.35 billion in commerce, a 21% enhance from a 12 months earlier.
The crossing accounted for practically 39% of all U.S.-Mexico commerce by worth. Different main gateways included the Ysleta-Zaragoza Worldwide Bridge in El Paso ($12.27 billion), Otay Mesa in California ($4.99 billion), Santa Teresa, New Mexico ($4.88 billion), and Eagle Move, Texas ($4.05 billion).
The energy of border commerce was additionally mirrored in nationwide rankings. Port Laredo was the busiest U.S. commerce gateway total in April, dealing with $34.16 billion in commerce with all buying and selling companions, forward of Chicago O’Hare Worldwide Airport ($33.9 billion) and the John F. Kennedy Worldwide Airport ($29.1 billion).
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