U.S. Share of Mexico's Exports

## What this measures

Exports to the U.S. (mexico.exports_to_us) divided by total exports (mexico.exports).

## Why it matters

It is the mirror of canada.trade.us_share_of_exports: how dependent each USMCA partner is on the U.S. market.

## How to read it

Compare with Canada (canada.trade.us_share_of_exports). Mexico's share averaged about 80% in 2015–19 and has run above 83% since 2024, while Canada's fell to about 66%: one USMCA partner is binding closer to the U.S., the other diversifying.

## What it does not say

This calculation is Palanor's, not Banxico's or INEGI's; the two inputs come from different publishers and can be revised at different times.

## Source

Fuente: Banco de México, Sistema de Información Económica (SIE), series SE27277 ("Exportaciones a Estados Unidos"), https://www.banxico.org.mx. Palanor reads it every day through the SIE API.

Reproduced under Banco de México's general authorization to reproduce or use the information it publishes, citing the source.

Fuente: INEGI, Balanza Comercial de Mercancías de México, exportaciones totales, indicator 127598 (Banco de Información Económica, via the INEGI Indicadores API). Palanor reads it every day.

Used under INEGI's Términos de libre uso de la información. Any calculation shown alongside it is Palanor's, not INEGI's, and does not represent an official INEGI position.