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Updated data 2025

Mexico's foreign trade in numbers

Key statistics, trends, and original data based on official sources from INEGI, SAT, and Banco de Mexico.

$1.2T USD
Total trade 2025
+3.2% YoY
$593B USD
Exports
+4.1% YoY
$607B USD
Imports
+2.8% YoY
+15%
Nearshoring growth
+15% YoY
Sources: INEGI (Trade Balance), SAT (Foreign Trade Statistics), Banco de Mexico (Foreign Direct Investment). 2025 figures are preliminary.

Mexico's top 10 trade partners

Percentage of total bilateral trade, 2025

United States83%
China5.2%
Canada2.1%
Germany1.8%
Japan1.6%
South Korea1.5%
Brazil0.9%
Spain0.7%
Italy0.6%
Taiwan0.5%

Source: INEGI, Mexico Merchandise Trade Balance, 2025.

Top imported products

By Harmonized System chapter, value in billions USD

Ch. 85: Electrical and electronic equipment$268B USD
Ch. 84: Machinery and mechanical equipment$224B USD
Ch. 87: Vehicles and auto parts$149B USD
Ch. 27: Fuels and petroleum$103B USD
Ch. 39: Plastics and manufactures$50B USD
Ch. 72: Iron and steel$46B USD
Ch. 90: Optical and medical instruments$37B USD
Ch. 29: Organic chemical products$34B USD

Source: SAT, Foreign Trade Statistics, January-December 2025 cumulative.

Nearshoring

The impact of nearshoring in Mexico

Mexico has positioned itself as the top nearshoring destination in Latin America, driven by USMCA and the reconfiguration of global supply chains.

$36B USD
Foreign direct investment 2025
+15%
Year-over-year FDI growth
1,200+
New plants announced 2024-2025
#1
Nearshoring destination in LATAM

Source: Banco de Mexico (FDI), Secretaria de Economia (investment announcements), American Chamber Mexico.

Mexico-US Corridor

The largest trade corridor in the Americas

Mexico and the United States form the most important bilateral trade corridor on the continent, with a daily flow exceeding $2.2 billion.

$800B+
Annual bilateral trade
83%
Concentration of Mexican trade
$2.2B/day
Daily trade flow
48
Active ports of entry

Source: U.S. Census Bureau (Trade in Goods), INEGI, CBP (ports of entry).

Monthly trade balance 2025

Exports and imports by month, billions USD

Exports
Imports
Ene
Feb
Mar
Abr
May
Jun
Jul
Ago
Sep
Oct
Nov
Dic

Source: INEGI, Mexico Merchandise Trade Balance, 2025 monthly figures.

Trade agreements

Mexico's trade agreement network

Mexico has 14 free trade agreements with 50 countries, one of the broadest networks in the world.

AgreementPartners% of trade
T-MEC / USMCAUnited States, Canada83%
TLCUEM / EU-Mexico27 European Union countries4.5%
CPTPP / TPP-11Japan, Australia, Canada, Chile, N. Zealand, Peru, Singapore, Vietnam, Brunei, Malaysia3.8%
Alianza del PacificoColombia, Chile, Peru1.2%
TLCAELC / EFTASwitzerland, Norway, Iceland, Liechtenstein0.5%

Source: Secretaria de Economia, Mexico Trade Agreement Network, 2025.

Methodology and sources

All data presented on this page comes from official public sources: INEGI (National Institute of Statistics and Geography), SAT (Tax Administration Service), Banco de Mexico, Secretaria de Economia, U.S. Census Bureau, and USITC. 2025 figures are preliminary and subject to revision. Participation percentages are calculated over total merchandise trade. Data is updated quarterly.

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