Despite a call for energy sovereignty from the government of Mexico, interdependence with its northern neighbor in natural gas and oil has never been stronger.

In 2022, energy trade between the United States and Mexico increased substantially from 2021, mainly because high commodity prices drove up the value of the trade, according to the U.S. Energy Information Administration (EIA).

Energy trade in 2022 between the two nations totaled a whopping $81.9 billion in real prices, an all-time high. Energy trade value is the combined value of energy imports and exports between two countries, EIA said. Trade value is driven by both commodity prices and the commodity volumes imported and exported.

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