Financial Ports

US-Mexico trade hits $94.8bn record—why Laredo can’t keep up

CLAVE 1 / 4US-Mexico trade reached a record $94.8bn in July, up 27.5% year-on-year.

CLAVE 2 / 4Mexico now accounts for nearly 18% of all US international trade.

CLAVE 3 / 4Laredo, Texas, handled $36.95bn in July—its busiest month ever—but faces tight trucking capacity.

CLAVE 4 / 4US imports from Mexico jumped 33.5%, outpacing exports, which rose 18.1%.

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