The nation’s neighbors are also its biggest trading partners

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The nation’s neighbors are also its biggest trading partners. In 2025, imports and exports with Mexico totaled $971 billion. These primarily included capital goods, such as machinery, equipment, and other production process tools.

Imports and exports with Canada, primarily industrial supplies and materials such as oil, chemicals, and plastics used in production processes, totaled $879.9 billion.

While the nation’s trade deficit with Canada shrank last year (down $12.1 billion from the year prior), it grew with Mexico (up $22.3 billion).

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