Mexico surpassed Canada as the top U.S. trading partner in goods and services in 2024, and held that position through 2025 with $976.1 billion in total bilateral trade. That figure — approaching a trillion dollars — reflects a relationship that has been decades in the making and is now deeply wired into the structure of both economies. In goods alone, total U.S.-Mexico trade reached $872.8 billion in 2025, with the United States importing $534.