For only the second time in recent history, Mexico was the top overall U.S. trading partner for the year.
Mexico’s trade with the U.S. rose 2.5% year over year (y/y) to $798 billion in 2023, boosted by exports of gasoline and other fuels and imports of passenger vehicles.
Canada ranked No. 2, with two-way trade with the U.S. falling 2.37% y/y to $773.94 billion. China ranked third, with trade falling 16.73% y/y to $575.03 billion.
In addition, the port of entry in Laredo, Texas, was the No....
https://www.freightwaves.com/news/us-mexico-cross-border-trade-totaled-almost-800b-in-2023