In April, Mexico reduced the gap with China in its share of total product exports to the United States, from 14.2 and 15.3%, respectively, the Census Bureau reported Tuesday.

That gap, of 1.1 percentage points, was the smallest after the distorting effects that the Covid-19 pandemic produced in early 2020 on trade between these countries.

Compared to 2022, this superiority of China over Mexico was previously reduced as follows: January (6.3 percentage points), February (4.8 points) and March (2.4 points).

In absolute terms, Mexican exports to the United States were 38,874 million dollars in April, a year-on-year increase of 20.9%.

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In turn, Chinese sales to the US market totaled 41,772 million dollars, an advance of 11.7% per year.

Both nations are the main suppliers of products to the United States and face different challenges: China has been forced to close factories and restrict operations in ports following its zero Covid policy, while Mexico has been affected especially in its automotive sector by the famine of semiconductor chips.

Canada ranked third as a supplier to the US market, with sales of 38,075 million dollars in April, a growth of 38.4%, much more dynamic than that of Mexico and China.

In fact, Canada occupied the first position among the main trading partners of the United States in April, with a coverage of 15.5% (considering imports and exports of goods), followed by Mexico (14.8%) and China (11.9%).

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In particular, Canada has benefited from high international prices for raw materials, which represent a substantial part of its exports to the world and, in particular, to the United States.

Cumulatively, in the first four months of the current year, Canada was placed as the first trading partner of the United States (with a slice of 15% of total trade), Mexico in second place (14.6%) and China in third place. port (13.3%).

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Original note