Mexico surpassed China as the main exporter to the United States. In 2023, US purchases of Chinese products reached 427.2 billion dollars, a decline of 20% compared to 2022.
Mexican products added a value of 475.6 billion, with an increase of 4.6%. The change, in turn, is the result of a trend that has been going on for years, motivated by the growing rivalry, increasingly harsh, between China and the U.S. The US wants to stop buying from China and Mexico is fighting for that slice of the pie.