Mexico reaches record share of U.S. goods trade

Mexico’s trade relationship with the United States has reached a new high at a sensitive moment. In the first quarter of 2026, Mexico accounted for a record share of U.S. goods trade, widening its lead over Canada and China. The figures show how deeply the two economies are tied together, but they also arrive just before a major T-MEC review that could reshape rules for manufacturers, exporters, investors, and consumers across North America.