U.S. Imports of Goods by Customs Basis from Mexico
IMPMX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44,872.77
Year-over-Year Change
6.30%
Date Range
1/1/1985 - 6/1/2025
Summary
The U.S. Imports of Goods by Customs Basis from Mexico trend measures the value of goods imported from Mexico to the United States. It is a key indicator of trade and economic activity between the two countries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the total dollar value of goods imported into the U.S. from Mexico through customs and border points. It provides insight into the trade balance, supply chains, and economic interdependence between the two North American economies.
Methodology
The data is collected by the U.S. Census Bureau through customs declarations and administrative records.
Historical Context
Policymakers and analysts use this import data to assess the health of U.S.-Mexico trade and commercial relations.
Key Facts
- Mexico is the 2nd largest source of U.S. imports.
- U.S. imports from Mexico reached a record high of $382 billion in 2022.
- Automotive products are the largest category of U.S. imports from Mexico.
FAQs
Q: What does this economic trend measure?
A: The U.S. Imports of Goods by Customs Basis from Mexico trend tracks the total dollar value of goods imported into the U.S. from Mexico through customs channels.
Q: Why is this trend relevant for users or analysts?
A: This import data provides key insights into trade flows, supply chains, and economic interdependence between the U.S. and Mexico, two of North America's largest economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs declarations and administrative import records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this import data to assess the health of U.S.-Mexico trade relations and make decisions around tariffs, trade agreements, and commercial ties.
Q: Are there update delays or limitations?
A: The import data is published monthly with a 1-2 month lag. It may not capture all informal or illicit trade flows across the border.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Mexico (IMPMX), retrieved from FRED.