RSS feed source: US Energy Information Administration
In-brief analysis
October 3, 2025
The value of all energy trade between the United States and Mexico was estimated to be $57 billion in 2024, down from nearly $72 billion in 2023, according to data from the U.S. Census Bureau. A combination of lower petroleum output from Mexico and lower fuel prices, particularly for petroleum products that make up the bulk of the cross-border energy trade between the two countries, drove most of the decrease.
Energy trade value represents the total value of energy imports and exports between two countries and is driven by commodity volumes and prices. Most of the energy trade value between the United States and Mexico comes from U.S. exports of refined petroleum products to Mexico—$37 billion in 2024—which accounted for 64% of the total energy value traded between the two countries.
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