They say the rest is either stashed or directly spent in Mexico.
Estimates say between $19 billion and $29 billion are smuggled out of the U.S. each year.
U.S. Immigration and Customs Enforcement Assistant Administrator John Morton unveiled the findings from a binational criminal proceeds study on Wednesday in Mexico City.
Drug gang violence has soared since President Felipe Calderon launched crackdown on traffickers in late 2006. More than 22,700 people have been killed.
-Associated Press
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