U.S. Services Trade with Mexico: 2010–14

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  • U.S. exports increased by 5.0 percent annually to $29.6 billion in 2014
  • U.S. imports increased by 8.7 percent annually to $19.4 billion in 2014

U.S. exports of services to Mexico grew by $5.3 billion from 2010 to 2014, while U.S. imports rose by $5.5 billion. Travel services accounted for nearly two-thirds of U.S. services exports to and over 70 percent of U.S. imports from Mexico during 2010–14. U.S. exports of professional services grew the fastest during the period, and was also the U.S. services industry with the fastest-growing surplus. The United States reported an overall services trade surplus with Mexico of $10.3 billion in 2014, down from $10.5 billion in 2010. The smaller surplus reflected increasing U.S. deficits in electronics services and other services. For more information on U.S. trade in services, see chapter 1 of Recent Trends in U.S. Services Trade: 2016 Annual Report.