Economics
Mexico Overtakes Canada as No. 2 U.S. Exporter Ahead of Trump
- Growing links across southern border reflect automotive trade
- Northern neighbor sees share of U.S. imports decline to 13%
Workers inspect a vehicle after a rain test at the Kia Motor Corp. assembly plant in Pesqueria, Mexico.
Photographer: Susana Gonzalez/BloombergThis article is for subscribers only.
Mexico is overtaking Canada as the No. 2 exporter of goods to the U.S. this year, in a sign of how economic ties have deepened between the two countries even as the relationship is being questioned by President-elect Donald Trump.
Shipments from Mexico totaled $245 billion in the first 10 months of the year, according to Commerce Department figures released Tuesday, ahead of Canada’s $230 billion. If the trend continues, it would be the first time ever the U.S. bought more imports from its neighbor to the south. The two countries ended 2015 tied in exports to the U.S.