Data Insights

Overall, Mexico's trade in February 2026 showed a total export value of 41.68 billion USD, reflecting an increase of 7.49 billion USD (21.91%) from the previous month, while imports totaled 46.55 billion USD, with a month-on-month increase of 2.27 billion USD (5.15%). Year-on-year, exports increased by 8.8 billion USD (26.76%), and imports rose by 9.23 billion USD (24.70%). The trade balance indicates a growing trade deficit, as imports continue to outpace exports significantly.

In February 2026, Mexico's trade values showed notable month-on-month changes. Imports from the United States increased significantly by 2.29 billion USD (16.33%), while imports from Chinese Taipei rose by 2.06 billion USD (39.03%). Canada also saw a substantial increase of 163.48 million USD (27.74%). On the downside, imports from China decreased by 1.48 billion USD (-16.77%), and Germany and Thailand experienced declines of 184.43 million USD (-14.27%) and 125.62 million USD (-10.34%), respectively. In exports, the United States led with a remarkable increase of 6.44 billion USD (21.80%), followed by South Korea with 435.37 million USD (177.36%). Germany also saw a rise of 243.43 million USD (122.96%). Conversely, exports to China fell by 106.56 million USD (-12.36%), and India and Japan saw decreases of 99.49 million USD (-46.10%) and 30.25 million USD (-23.42%), respectively.

Year-on-year analysis for February 2026 revealed significant changes in trade values. Imports from Chinese Taipei surged by 6 billion USD (441.70%), while imports from the United States increased by 1.21 billion USD (8.02%). Vietnam also saw a rise of 1.09 billion USD (92.88%). On the contrary, imports from China decreased by 254.92 million USD (-3.36%), and Brazil and Israel experienced declines of 87.06 million USD (-21.29%) and 67.34 million USD (-50.03%), respectively. In exports, the United States again led with an increase of 7.37 billion USD (25.76%), followed by South Korea with 445.17 million USD (188.89%). Exports to China rose by 326.92 million USD (76.32%). However, exports to Hong Kong and Japan fell by 97.93 million USD (-60.24%) and 78.13 million USD (-44.13%), respectively.

In summary, Mexico's trade values in February 2026 showed a robust increase in both imports and exports compared to the previous month and the same month last year. Total exports reached 38.63B USD, up by 6.3B USD (19.48%) MoM, while total imports were 45.5B USD, increasing by 2.27B USD (5.26%) MoM. Year-on-year, total exports increased by 8.91B USD (29.99%), and total imports rose by 9.58B USD (26.67%).

In February 2026, Mexico's trade values showed significant month-on-month changes. Imports from the United States increased by 2.29B USD (17.31%), while imports from Chinese Taipei surged by 2.07B USD (39.09%). Conversely, imports from China decreased by 1.68B USD (-18.43%). Exports to the United States rose by 5.71B USD (20.31%), with South Korea seeing a remarkable increase of 418.21M USD (218.39%). However, exports to India fell by 125.65M USD (-58.40%). Overall, total exports increased by 6.3B USD (19.48%), while imports rose by 2.27B USD (5.26%).

Year-on-year analysis for February 2026 revealed that imports from Chinese Taipei increased by 5.99B USD (437.88%), while imports from the United States rose by 1.22B USD (8.54%). In contrast, imports from China decreased by 262.2M USD (-3.40%). Exports to the United States saw a significant increase of 7.77B USD (29.88%), with exports to South Korea rising by 407.77M USD (201.92%). However, exports to Hong Kong dropped by 95.45M USD (-58.99%). Total imports increased by 9.58B USD (26.67%), while total exports rose by 8.91B USD (29.99%).

Overall, the analysis indicates a significant decline in trade values for both imports and exports in the month-on-month comparison, with total imports at $45.15 billion and exports at $36.3 billion. Year-on-year, both imports and exports showed positive growth, indicating a recovery trend despite the recent declines. The total trade changes reflect a complex landscape influenced by ongoing trade negotiations and tensions, particularly with the U.S. as a primary trading partner.

In the month-on-month analysis, total imports decreased by $7.35 billion (approximately -14.0%), while total exports fell by $10.28 billion (around -22.1%). For imports, the highest increases were seen from Spain ($407.96 million), the Philippines ($324.11 million), and Bahrain ($23.25 million). Conversely, the largest declines were from the United States (-$1.91 billion), China (-$1.29 billion), and Chinese Taipei (-$1.02 billion). In exports, Germany led with an increase of $488.82 million, followed by the United Kingdom ($292.49 million) and Brazil ($395.48 million). The most significant drops were from the United States (-$9.78 billion), Canada (-$358.72 million), and Singapore (-$279.4 million).

Year-on-year, total imports increased by $5.33 billion (approximately 13.4%), while total exports rose by $4.23 billion (around 13.2%). The top increases in imports were from Chinese Taipei ($5.63 billion), Vietnam ($2.28 billion), and Malaysia ($1.4 billion). The largest declines were from Brazil (-$142.39 million), Hungary (-$104.04 million), and Italy (-$101.76 million). In exports, the United States saw an increase of $3.04 billion, followed by Germany ($358.99 million) and the United Kingdom ($227.7 million). The largest decreases were from Canada (-$185.75 million), Latvia (-$60.91 million), and the United Arab Emirates (-$54.26 million).

The analysis indicates a robust growth in Mexico's trade values, with total exports increasing by 12.91B (38.36%) year-on-year and 8.86B (23.49%) month-on-month. Imports also showed significant growth, rising by 8.5B (19.33%) year-on-year and 5.81B (12.45%) month-on-month. The United States remains the dominant trading partner for both imports and exports, while countries like Vietnam and Singapore showed notable increases in trade values.

In the month-on-month analysis, imports from the United States saw a significant increase of 1.51B, representing a 9.39% rise, making it the highest value change. Vietnam followed with a 740.02M increase (35.33%), and China with 739.64M (8.03%). On the lower end, imports from Spain decreased by 86.92M (-19.58%), Peru by 60.15M (-49.12%), and Turkey by 41.53M (-25.89%). For exports, the United States again led with an 8.34B increase (25.54%), followed by Singapore with 279.12M (425.04%), and Sweden with 229.22M (406.17%). Conversely, exports to Indonesia dropped by 213.55M (-44.65%), Australia by 178.72M (-84.14%), and India by 105.8M (-65.82%). Overall, total exports increased by 8.86B (23.49%) while imports rose by 5.81B (12.45%).

In the year-on-year analysis, imports from Chinese Taipei surged by 5.19B (356.52%), followed by Vietnam with a 1.53B increase (117.01%), and Malaysia with 568.68M (48.17%). On the downside, imports from Canada fell by 119.39M (-13.02%), South Africa by 48.64M (-74.83%), and Costa Rica by 39.14M (-14.11%). For exports, the United States again topped the list with an increase of 11.4B (38.54%), Canada with 418.94M (61.63%), and Indonesia with 258.99M (454.41%). However, exports to South Korea decreased by 68.4M (-20.63%), Saudi Arabia by 33.91M (-46.22%), and India by 31.01M (-36.07%). Overall, total exports increased by 12.91B (38.36%) while imports rose by 8.5B (19.33%).

Overall, Mexico's trade values showed a positive trend in both month-on-month and year-on-year analyses. Total exports increased by 7.86B (19.65%) month-on-month and 10.02B (26.49%) year-on-year, while imports rose by 5.77B (12.10%) month-on-month and 8.45B (18.77%) year-on-year. The most significant growth was observed in imports from Chinese Taipei and exports to the United States, indicating strong trade relationships. Conversely, certain countries like Turkey and South Korea showed declines, highlighting areas for potential improvement.

In the month-on-month analysis, imports from the United States saw a significant increase of 1.53B, reflecting a 9.06% rise. Vietnam and Malaysia also showed strong growth, with increases of 703.37M (35.40%) and 603.61M (53.28%) respectively. On the lower end, imports from Turkey decreased by 45.02M (-26.23%), while Bahrain and Honduras also faced declines of 29.83M (-78.51%) and 19.56M (-29.11%). For exports, the United States led with a remarkable increase of 7.5B (21.78%), followed by Sweden with 230.59M (2900.15%) and Canada with 209.41M (19.06%). Conversely, exports to Indonesia dropped by 213.23M (-44.58%), with Australia and India also experiencing declines of 176.99M (-82.53%) and 109.47M (-65.83%).

In the year-on-year analysis, imports from Chinese Taipei surged by 5.16B (351.85%), while Vietnam and Malaysia also saw increases of 1.5B (125.35%) and 557.6M (47.30%) respectively. On the downside, imports from the United States fell slightly by 89.2M (-0.48%), with Canada and Costa Rica also showing declines of 83.74M (-8.59%) and 39.21M (-14.12%). For exports, the United States again topped the list with a 9.23B (28.21%) increase, followed by Canada with 477.48M (57.47%) and Indonesia with 258.97M (42645.00%). However, exports to South Korea decreased by 182.26M (-40.08%), with Brazil and China also facing declines of 163.41M (-42.51%) and 80.15M (-13.51%).

Overall, the total trade for Mexico showed a positive trend in both imports and exports. Imports totaled 46.69B, with a month-on-month increase of 1.33B (2.93%) and a year-on-year increase of 8.52B (22.73%). Exports reached 37.72B, with a month-on-month increase of 1.11B (3.03%) and a year-on-year increase of 9.66B (34.12%). This indicates a robust growth in trade activity, particularly in exports to key partners like the United States and emerging markets like Indonesia.

In the month-on-month analysis, imports from Chinese Taipei saw the highest increase with a trade value of 6.05B, reflecting a significant value change of 912.62M (17.76%). The United States followed with imports worth 16.02B, increasing by 237.91M (1.50%). Vietnam also showed a notable increase in imports, reaching 2.09B with a value change of 93.1M (4.66%). On the lower end, imports from South Korea decreased by 167.98M (9.94%), bringing the total to 1.52B. Japan's imports also fell by 148.93M (10.91%), totaling 1.21B. Singapore experienced a decline of 79.42M (29.52%), with imports valued at 189.57M. For exports, Indonesia had the most significant increase, with exports valued at 478.24M, reflecting a value change of 472.68M (84.91%). The United States also saw a modest increase in exports, totaling 32.65B with a change of 312.2M (0.96%). Australia followed with exports of 212.41M, increasing by 162.28M (328.37%). On the downside, exports to China decreased by 145.56M (30.33%), totaling 334.12M. Spain's exports fell by 59.73M (63.51%), bringing the total to 34.12M. Colombia also saw a decline of 44.97M (25.80%), with exports valued at 128.5M.

In the year-on-year analysis, imports from Chinese Taipei showed the most substantial growth, reaching 6.05B with a value change of 4.58B (3.12%). The United States also saw a significant increase in imports, totaling 16.02B with a change of 1.27B (8.61%). Vietnam's imports increased to 2.09B, reflecting a value change of 974.54M (87.73%). On the lower end, imports from South Korea decreased by 36.99M (2.37%), totaling 1.52B. Singapore's imports fell by 33.06M (14.83%), with a total of 189.57M. Chile experienced a decline of 27.39M (27.25%), bringing imports to 72.83M. For exports, the United States had the highest increase, with exports valued at 32.65B, reflecting a value change of 8.02B (32.53%). Indonesia also saw a remarkable increase, reaching 478.24M with a change of 473.93M (109.91%). Canada followed with exports of 945.59M, increasing by 387.33M (69.00%). On the downside, exports to Vietnam decreased by 42.87M (65.73%), totaling 22.38M. Guyana's exports fell by 32.02M (79.99%), with a total of 8.47M. Spain also saw a decline of 28.7M (45.73%), bringing exports to 34.12M.

Overall, the total trade for Mexico saw a month-on-month increase with exports totaling 40.01B (up by 1.18B, 3.04%) and imports at 47.7B (up by 1.08B, 2.31%). Year-on-year, exports reached 40.01B (up by 8.91B, 28.65%) while imports totaled 47.7B (up by 8.33B, 21.15%). The trade balance indicates a robust growth in exports, particularly to the United States and Indonesia, while imports from key partners like Chinese Taipei and Vietnam also showed strong performance.

In the month-on-month analysis, imports from Chinese Taipei saw the highest increase with a trade value of 6.05B, reflecting a significant value change of 928.33M (18.13%). Other notable increases include imports from China at 8.91B with a change of 246.2M (2.84%) and imports from Vietnam at 1.99B with a change of 93.87M (4.99%). On the lower end, imports from South Korea decreased to 1.52B, down by 194.15M (-11.30%), followed by Japan at 1.23B with a decrease of 95.85M (-7.22%) and Singapore at 185.5M with a drop of 76.74M (-29.27%). For exports, the United States led with 34.44B, increasing by 532.55M (1.57%), followed by Indonesia at 478.28M with a remarkable increase of 473.17M (92.64%) and Australia at 214.45M with an increase of 163.59M (3.22%). Conversely, exports to China fell to 382.89M, down by 136.48M (-26.24%), followed by Spain at 51.67M with a decrease of 37.21M (-41.83%) and Cuba at 19.29M with a drop of 27.1M (-58.45%).

In the year-on-year analysis, imports from Chinese Taipei showed the most significant growth at 6.05B, with a value change of 4.59B (3.14%). The United States followed with imports of 16.89B, increasing by 1.37B (8.82%), and Vietnam at 1.99B with a change of 937.27M (89.31%). On the downside, imports from South Korea decreased to 1.52B, down by 111.95M (-6.83%), Japan at 1.23B with a decrease of 73.07M (-5.61%), and Hungary at 100.92M with a drop of 43.92M (-30.29%). For exports, the United States again led with 34.44B, increasing by 7.48B (27.75%), followed by Indonesia at 478.28M with a change of 473.21M (93.31%) and Canada at 1.1B with an increase of 463.63M (72.73%). On the lower end, exports to China fell to 382.89M, down by 200.59M (-34.37%), Japan at 170.52M with a decrease of 100.5M (-37.01%), and Vietnam at 22.45M with a drop of 43.01M (-65.73%).