Mexico posted a $2.43 billion trade surplus in December 2025, up from $1.85 billion a year earlier but slightly below forecasts of $2.50 billion. Exports rose 17.2% year on year to $60.65 billion, driven by a 20.6% increase in manufactured goods shipments. In contrast, oil exports plunged 32.9%, while agricultural and fishing exports fell 12.7%. Merchandise imports totaled $58.22 billion, marking a 16.7% annual increase. Consumer goods imports surged 25.3%, intermediate goods rose 17.3%, and capital goods edged down 0.6%. For full-year 2025, Mexico recorded a $0.77 billion trade surplus, swinging from an $18.54 billion deficit in 2024. source: Instituto Nacional de Estadística y Geografía (INEGI)

Mexico recorded a trade surplus of 2430 USD Million in December of 2025. Balance of Trade in Mexico averaged -294.37 USD Million from 1980 until 2025, reaching an all time high of 6274.69 USD Million in December of 2020 and a record low of -6262.32 USD Million in January of 2022. This page provides the latest reported value for - Mexico Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Mexico recorded a trade surplus of 2430 USD Million in December of 2025. Balance of Trade in Mexico is expected to be 1880.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Balance of Trade is projected to trend around -150.00 USD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-23 12:00 PM
Balance of Trade
Nov 0.663B 0.606B $0.5B $0.4B
2026-01-27 12:00 PM
Balance of Trade
Dec $2.43B $0.663B $2.5B $ 0.41B
2026-02-27 12:00 PM
Balance of Trade
Jan $2.43B


Related Last Previous Unit Reference
Auto Exports YoY 227.26 279.34 Thousand Units Dec 2025
Balance of Trade 2430.00 663.00 USD Million Dec 2025
Exports 60650.70 56411.90 USD Million Dec 2025
Imports 58221.10 55749.10 USD Million Dec 2025
Non Oil Exports 59129.10 54865.38 USD Million Dec 2025
Oil Exports 1521.63 1546.51 USD Million Dec 2025


Mexico Balance of Trade
Mexico's main exports are manufactured products (88 percent of total shipments) , followed by oil and oil products (7 percent), the agricultural sector with (4 percent). Main imports are: metallic products, machinery and equipment (59 percent of total purchases), oil products (12 percent) and agricultural goods (3 percent). The country's top trading partner is the United States (72 percent of total exports and 38 percent of total imports). Others include: China, Japan and Germany. In 2022, trade between Mexico and the United States reached USD 738 billion, with Mexico posting a surplus of near USD 208 billion.
Actual Previous Highest Lowest Dates Unit Frequency
2430.00 663.00 6274.69 -6262.32 1980 - 2025 USD Million Monthly
NSA

News Stream
Mexico Trade Surplus Widens in December
Mexico posted a $2.43 billion trade surplus in December 2025, up from $1.85 billion a year earlier but slightly below forecasts of $2.50 billion. Exports rose 17.2% year on year to $60.65 billion, driven by a 20.6% increase in manufactured goods shipments. In contrast, oil exports plunged 32.9%, while agricultural and fishing exports fell 12.7%. Merchandise imports totaled $58.22 billion, marking a 16.7% annual increase. Consumer goods imports surged 25.3%, intermediate goods rose 17.3%, and capital goods edged down 0.6%. For full-year 2025, Mexico recorded a $0.77 billion trade surplus, swinging from an $18.54 billion deficit in 2024.
2026-01-27
Mexico Records Trade Surplus for 2nd Month
Mexico posted a $0.6 billion trade surplus in November of 2025, swinging from the $0.7 billion deficit from the corresponding period of the previous year and loosely in line with expectations of a $0.5 billion. Exports expanded by 7.9% annually to $56.4 billion. Sales grew for manufacturing (10.9% to $52.1 billion amid a sharp increase in non-auto manufacturing exports (17.7% to $36.3 billion) and a surge in extractive goods (51.6% to $1.3 billion), supported by the surge in silver prices. These offset the 2.1% drop (to $15.8 billion) for auto exports, pressured by the tariffs on the sector from top destination United States, which fell by 4.8%. Still, exports to the US, which account for 83% of sales, grew 8.5% annually. Meanwhile, imports rose 5.2% to $55.7 billion, as gains for intermediate goods (8.7% to $42.9 billion) offset a decline for capital goods (-16.7% to $4.4 billion).
2025-12-23
Mexico Trade Balance Turns to Surplus in October
Mexico posted a $0.6 billion trade surplus in October 2025, the first since June and the largest since May, beating the $0.4 billion deficit expected by markets and the $0.2 billion gap from a year earlier. Exports rose 14.2% year-on-year to $66.1 billion. Non-oil extractive industries showed the strongest increase, up 18.6% to $1.28 billion, while manufacturing climbed 17.4% to $61.6 billion. Oil sales fell 29.8% to $1.8 billion, agriculture and animal products 19.5% to $1.4 billion, and vehicles 14% to $16.1 billion. Imports advanced 12.8% to $65.5 billion, led by intermediate goods, up 15.7% to $50.6 billion. Purchases of non-oil merchandise rose 13.9% to $61.6 billion, and consumer goods 10.7% to $9.9 billion. Oil product inflows dropped 2.6% to $3.9 billion, and capital goods 7.4% to $5.0 billion. Year-to-date, the country posted a $2.3 billion deficit, down 88.2% from the same period in 2024.
2025-11-27