What was the total value of cars imported from Mexico to the US last year?

The choice of 87 billion as the total value of cars imported from Mexico to the US last year reflects accurate data reporting and trends in international trade, particularly within the automotive sector. In recent years, Mexico has become a key player in the automotive industry, producing a significant number of vehicles for export to the US, driven by factors such as competitive labor costs and favorable trade agreements.

The figure aligns with historical import values, showing a consistent increase in automotive trade between the two countries. This data suggests the increasing interdependence of the North American automotive market, where parts and vehicles are often manufactured in a cross-border manner.

Understanding this context reveals the broader economic relations and trade patterns between Mexico and the US, especially how such values impact job creation, investment decisions, and the overall economy in both nations. In contrast to the other figures provided, 87 billion accurately reflects recent import statistics, while the others might represent over or underestimates based on the current economic landscape and data available up to October 2023.