Mexico Dominates U.S. Trade in 2024, Laredo Key Gateway, Puts PRIMO Cross-Border Front and Center
Mexico’s trade with the U.S. reached a record $415.4 billion in the first half of 2024, with Laredo, Texas, as the top U.S. trade gateway. PRIMO’s strategic coverage ensures seamless cross-border trade, enhancing Mexico’s leading position and supporting vital crossings like Laredo, crucial for maintaining robust U.S.-Mexico commerce.
Record Trade: Trade between the U.S. and Mexico reached a record $415.4 billion from January through June, the highest ever for this period.
June Trade: In June alone, trade totaled $69.93 billion, with Mexico leading U.S. trade for the sixth consecutive month.
Top Exports and Imports: Mexico’s top exports to the U.S. included computers, passenger vehicles, and commercial vehicles, while the U.S. exported gasoline, auto parts, and computer chips to Mexico.
Laredo’s Role: Laredo, Texas, was the top U.S. trade gateway, handling significant commercial truck crossings and maintaining high tender volumes.