Mexico closed the first 30 months of the T-MEC as the second commercial partner of the United States, concentrating in 2002 14.6% of the exchange of goods between the US and the world. This figure places it as the second market for US exports, after Canada, and well above China.

In the period January-December 2022, Mexico-US bilateral trade amounted to the historical figure of 779 thousand 308 million dollars, which represented a growth of 17% per year, close to 65 billion dollars per month.

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US imports of Mexican merchandise totaled 454 thousand 930 million dollars and increased 18.3% compared to 2021. On the other hand, exports from the US to Mexico totaled 324 thousand 378 million dollars and rebounded 17.3% annually, according to data from the US Census Bureau.

According to César Remis, an expert in the Mexico-United States relationship and former chief for the implementation of the T-MEC in Washington, the US trades with Mexico and Canada three million dollars per minute.

These data are just a sample button on the importance of integration between the three North American countries from the T-MEC, which will be underpinned by the relocation of plants (nearshoring) to the north of our country.

In the context of integration, one of the main agreements of the last Summit of North American Leaders is registered, which is to organize the first trilateral forum on semiconductors with the industry to adapt government policies and increase investment in supply chains. in the region.

Of interest: Solili Industrial Report January 2023, demand began the dynamic year and registers 505 thousand m²

However, US and Canadian concerns over Mexico's energy sector have been under discussion for some time and so far, while the consultations are proving productive, they have not reached a contentious panel stage.

The important thing is that the T-MEC contemplates provisions to solve this type of dispute and enforce what is agreed in the texts.

In Solili you can consult industrial warehouses available in Mexico City and Monterrey

Original note