Overview
- Official U.S. Census Bureau and BEA figures published Sept. 3 show Mexico ran a $26.31 billion goods surplus with the United States in July.
- Mexico’s July exports to the U.S. were $60.55 billion while imports were $34.24 billion, and Mexico’s exports to the U.S. reached a record $358.707 billion from January through July.
- Analysts say shipments classified under HS 8471 (computers and data-processing machines) surged about 182% year‑to‑date to June and explained roughly 73.45% of Mexico’s export growth.
- The U.S. trade deficit widened to $88.6 billion in July and the bilateral U.S. deficit with Mexico rose to $27.5 billion as U.S. capital‑goods imports, including computers and servers, jumped.
- U.S. tariff measures since March 2025 have cut Mexican shipments in traditional sectors such as light vehicles, steel and pharmaceuticals, and the current export concentration could prompt rapid shifts in cross‑border supply chains and jobs if demand or policy changes.