The long record, 1982 to 2025, not this week's numbers

How Mexico and the North got here, year by year, with the sources.

The USA is Mexico's largest customer, and since 2023 Mexico has been the USA's largest trading partner in goods; Canada, the third partner in the agreement, appears wherever the data allow. The bond was built one crisis and one agreement at a time. This site keeps the long record in one place, in English and in Spanish: what happened, what moved between the two sides, and what the experts expected before it did.

The record runs to the last complete year, and the blog sets each new release against it. For this week's numbers there is a sister site; this one is for how we got here.

Goods trade, USA and Mexico
$871.6 billion
2025, against $81.5 billion in 1993
Remittances to Mexico
$65.1 billion
2025, against $4.4 billion in 1995
Mexican-born people in the USA
11.3 million
2024, against 4.5 million in 1990
Pesos per U.S. dollar
19.24
2025 average, against 3.12 in 1993

Sources: U.S. Census Bureau, Trade in Goods with Mexico (public domain) · World Bank, World Development Indicators (updated 8 Oct 2026; CC BY 4.0) · UN DESA Population Division, International Migrant Stock 2024 (CC BY 3.0 IGO)

Trade in goods between the USA and Mexico, 1985 to 2025
U.S. imports from MexicoU.S. exports to MexicoUS$ billions

↔ Swipe sideways to see the whole chart.

Trade in goods between the USA and Mexico, 1985 to 2025U.S. exports to Mexico and imports from Mexico in billions of dollars, nominal, from the Census Bureau.0200400600198519901995200020052010201520202025NAFTAUSMCA

Source: U.S. Census Bureau, Trade in Goods with Mexico (public domain)

Why 1982

In August 1982 Mexico told its creditors it could not pay. The closed economy financed by oil ended that year, and everything on this site follows from the opening that came after: the GATT, NAFTA, an autonomous central bank, the peso crisis, USMCA. Some series start later because the agencies started later; each chart says where its numbers begin.

Start with the timeline.