June 2023 Trade Data Summary
Aug. 1, 2023
Arizona exports to Canada and imports from Mexico rose, while imports from Canada and exports to Mexico fell
Arizona exports to Mexico decreased significantly, by 12.9% over the year, in June, totaling $644.7 million. Exports to Canada increased by 22.6% over the year to $249.4 million, with each month so far this year showing continuous over-the-year improvement.
Imports from Mexico rose 9.5% to a total of $1.2 billion. Imports from Canada decreased by 5.5%, hitting $214.8 million.
Commodity flows through Arizona’s BPOE experienced a decrease in exports and strong gains in imports. Exports in June were down 6.3% over the year to $912.1 million. Imports were up 19.7% compared to June 2022, ascending to $2.4 billion.