In open defiance of the Trump administration’s tariffs, last July Mexico accelerated the growth of its exports to the United States for the third consecutive month.
In July 2025, US imports of goods from Mexico totaled $45.366 billion, an increase of 8.2 percent compared to the same month the previous year.
In terms of growth, it has been improving, as in April it was negative at 2.7 percent, in May it moved into positive territory at 5.6 percent, and in June it accelerated to 6.3 percent.
And in absolute terms, this was the largest amount exported by our country to its northern neighbor during a July, according to data from the Census Bureau, part of the US Department of Commerce.
Furthermore, our exports represented 15.5 percent of total US purchases, while Canada’s share was 11.0 percent, followed by China with 9.0 percent.
However, Mexico’s share of U.S. imports fell from 16.9 percent in June, Canada’s share fell from 11.2 percent, and China’s share increased from 7.1 percent the previous month.
Even so, Mexico consolidated its position as the United States’ main trading supplier, remaining the economy with the highest exports to that market worldwide.
Meanwhile, U.S. exports to Mexico, which do not pay any tariffs, also registered an increase, albeit at a slower pace.
In July, shipments of U.S. goods to the Mexican market totaled $28.991 billion, which also represented an unprecedented amount for a seventh month of the year and a 1 percent growth compared to 2024.
Additionally, in July, Mexico was not only the leading supplier of goods to the United States, but also the main destination for its products, ahead of Canada.
Trade Leadership in the U.S.
Cumulatively, through the end of July, total trade between Mexico and the United States reached a record high for a seven-month period of $506.91 billion.
With this amount, Mexico maintained its leadership as the United States’ main trading partner, reaching a 15.3 percent share of total U.S. foreign trade, above Canada’s 13 percent and China’s 7.8 percent.
This occurred despite the Trump administration’s imposition of unilateral tariffs against the United States’ main trading partners.
The record figure was supported by a 6.5 percent annual growth in U.S. imports of Mexican goods, which between January and July totaled $309.749 billion.
Meanwhile, U.S. exports to Mexico increased 1 percent annually, reaching $197.161 billion.
Greater Use of the USMCA
The good news is not only the preferential treatment maintained for Mexican exports to the United States under the USMCA, but also the greater use of this agreement by Mexican exporters.
According to Jassiel Valdelamar’s article in El Financiero, there was an upswing in the use of USMCA certifications by exporting companies that already comply with the rules of origin.
Of the $45.366 billion imported by the United States from Mexico in July, 85 percent came under the benefits of the trade agreement, the highest level since the USMCA went into effect in July 2020, according to Census Bureau data.
This represents a sharp increase compared to the previous month, when only 47 percent of US imports from Mexico had complied with the rules of origin to benefit from the USMCA tariff benefits.
While Mexico is effectively addressing tariff challenges, the assumptions for tariff-free access to the U.S. market could change as the USMCA review or renegotiation approaches.
Source: elfinanciero
