# Mexico-United States trade relations > Live situation record from CLSTR: https://clstr.news/situations/mexico-united-states-trade-relations > Updated: 2026-09-10T02:35:13.000Z. Sources: 8. Developments: 2. Mexico has maintained its position as the leading supplier to and destination for United States merchandise trade. In July 2026, Mexico recorded a trade surplus of US$26.3 billion with the United States, driven by exports totaling US$60.5 billion, a 33.6% year-over-year increase. Despite the USMCA undergoing annual reviews after the United States decided not to renew it in July 2026, the agreement remains in effect. However, the application of U.S. Section 232 tariffs has impacted Mexican exports in sectors including light automotive, steel, aluminum, copper, and pharmaceuticals. In terms of operational cooperation, Mexico and the United States have surpassed 1.14 million joint customs clearance operations. This initiative, coordinated by the Tax Administration Service (SAT) and U.S. Customs and Border Protection (CBP), aims to facilitate regulated trade and increase security in the logistics chain. The program has significantly reduced inspection times and transportation costs, particularly benefiting the IMMEX program and industries such as automotive, electronics, and food. ## Timeline ### 2026-09-10: Mexico leads Latin American cosmetics exports with $3.15 billion in shipments Mexico's cosmetics industry exported over $3.15 billion in 2025, outperforming all other Latin American nations combined. The sector is driven by skin care and fragrance growth among younger consumers. 2 sources. https://clstr.news/cluster/mexico-leads-latin-american-cosmetics-exports-with-315-billion-in-shipments ### 2026-09-03: Mexico leads U.S. trade surplus and customs operations Mexico leads U.S. trade surpluses with a $26.3 billion surplus in July 2026, while bilateral joint customs operations have surpassed 1.14 million to facilitate logistics and security. 6 sources. https://clstr.news/cluster/mexico-leads-us-trade-surplus-and-customs-operations --- Cite as: Mexico-United States trade relations. CLSTR, https://clstr.news/situations/mexico-united-states-trade-relations