Home » Business » Mexico closes January-Might as the principle business companion of the US

Mexico closes January-Might as the principle business companion of the US

Mexico Metropolis. Between January and Might 2024, the worth of merchandise exports to the USA reached an unprecedented determine of 206,796 million {dollars}, an unprecedented determine for the same interval, in line with official information. This stage contributed to Mexico remaining the biggest buying and selling companion of the world’s main financial energy.

The worth of gross sales to the U.S. in the course of the first 5 months of this 12 months, revealed this Wednesday the Census Bureau of the U.S. Division of Commerce, represented a rise of 6 % in comparison with the file of 194.76 billion {dollars} of the identical interval final 12 months.

As for accrued imports on the finish of Might this 12 months, they stood at 138,652 million {dollars}, a progress of 4 % in comparison with 133,258 million {dollars} in the identical interval of 2023.

In accordance with information from the U.S. authorities company, commerce between Mexico and the USA was round $345.4 billion, the best determine for a companion of the world’s largest financial system, representing 16 % of its commerce with the remainder of the world.

The above signifies that of each 100 {dollars} that the US trades with the world within the type of business alternate, 16 {dollars} are with Mexico, its predominant business companion.

In accordance with Census Bureau information, Canada is the second largest buying and selling companion of the U.S., with $318 billion within the first 5 months of the 12 months, or 14.8 % of complete U.S. commerce. Far behind is China, with $223.7 billion, or 10.4 % of the overall.


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– 2024-07-13 10:29:45

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