The dynamics of Mexican foreign trade in November 2025 reaffirmed the country’s strength in the US market, according to data from the US Census Bureau .
In the penultimate month of last year, Mexico consolidated its position as the main trading partner of the United States, registering a total trade exchange of 71,132.2 million dollars (USD) , surpassing Canada, which totaled 53,700.1 million USD, and China with 27,959.1 million USD.
In an analysis conducted by T21 Business Intelligence , Mexico was the leading importer of US products during November 2025, with $26,616.5 million , although this figure represented a slight drop of 1.2% compared to the same month in 2024. It was followed by Canada with $25,339.9 million , a decrease of 11.5% compared to the same period in 2024, and China with $7,008.4 million , a drop of 44.4 percent.
In the first 11 months of 2025, Mexico’s purchases of U.S. goods totaled $309.799 billion , a slight increase of 0.1% compared to the same period in 2024. Canada’s total was $310.0353 billion, a decrease of 3.9%. China’s imports reached $97.9205 billion, a decline of 25.2% over the same period.
In terms of exports to the United States, Mexico solidified its position as the most important partner. During November 2025, shipments of Mexican products to the U.S. market totaled $44.5157 billion , an annual increase of 5.4 percent. Canada exported $28.3602 billion to the United States, a decrease of 15.3 percent, and China $20.9507 billion, with a significant drop of 44.5 percent compared to the penultimate month of 2024.
As of November 2025, Mexico exported goods to the United States totaling $492,513.2 million , a 5.6% increase compared to the same period in 2024. Canada’s exports totaled $351,186.1 million, representing a 6.6% decrease; while China’s exports totaled $287,275.6 million, a 28.3% drop compared to the same period in 2024.
Regarding the trade balance, Mexico had a surplus of $17,899.1 million in November 2025 , while China’s was $13,942.3 million, and Canada’s was $3,020.3 million.
While Canada and China maintain geopolitical confrontations with the United States, Mexico registers sustained growth in its exports to its northern neighbor , consolidating itself as the main supplier of goods to the American Union.
According to estimates from the International Chamber of Commerce Mexico (ICC Mexico) , the Mexican economy could grow between 1.3% and 1.8% during 2026, driven by the export sector , as the country continues to have a key comparative advantage with the rest of the world: preferential access —with zero tariffs— under the current framework of the United States-Mexico-Canada Agreement (USMCA) .
Comment and follow us on X: @GrupoT21
