Mexico sets USD 664.84 billion export record in 2025

Mexico posted a record year for exports in 2025, with overseas shipments rising 7.6% to an unprecedented USD 664.84 billion (approximately RMB 4.79 trillion), according to data from INEGI. The strong performance came despite a challenging global environment marked by trade tensions and renewed tariff threats from the United States. More than 80% of Mexico’s exports were destined for the US market, highlighting the deep production and supply-chain integration between the two countries.

Even so, Mexico closed the year with a USD 771 million (approximately RMB 5.55 billion) trade surplus, reversing the deficit recorded in 2024 and marking a notable shift after four consecutive years of negative trade balances.

Imports and Year-End Momentum

Imports also reached a historic high of USD 664.07 billion (approximately RMB 4.78 trillion) in 2025, rising 4.4% from the previous year. Non-oil imports increased 5.3%, while oil-related imports fell 6.6%. Intermediate goods posted a solid rebound, while capital goods imports declined 8.7%.

Trade activity accelerated sharply in December, with exports jumping 17.2% year over year, driven by a 20.6% increase in manufacturing shipments. The strong finish confirmed exports as one of the main engines of Mexico’s economy throughout 2025.

Mexico Leads Latin America in High Tech Manufacturing Exports

MBN previously reported that Mexico ranked among the world’s Top 10 exporting nations in 2024 after recording USD 617 billion (approximately RMB 4.44 trillion) in total exports, cementing its position as Latin America’s leading exporter of high-technology manufactured goods, according to data from the World Trade Organization.

Mexico’s export performance is underpinned by structural advantages, including deep integration into North American supply chains, geographic proximity to the United States and Canada, and preferential access under USMCA. Economists also point to competitive production costs, strong logistics infrastructure and a growing pool of specialized talent as key factors supporting sustained export growth in the coming years.

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