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US-Latin America Trade Grew 4% Last Year
Brazil exports to US fell, US trade deficit with Mexico widened nearly 15%.
BY JOACHIM BAMRUD
US trade with Latin America increased 4% last year to $1.3 trillion, according to a Latinvex analysis of US Census Bureau data.
While the top two trade partners – Mexico and Brazil – saw lackluster growth, countries like Argentina, Peru and Costa Rica saw double-digit expansion.
The growth last year represents a slowdown from 2024, when it grew 4.5%.
US TARIFFS IMPACT
In August 2025, all countries in Latin America faced tariffs on their exports to the United States, in large part over complaints of US trade deficits.
Twelve countries were slapped with …
Article Keywords: Argentina, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Mexico, Peru
US-Latin America Trade Chart Keywords: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela
