Insights for Mexico

MoM insights: 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%).

YoY insights: 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%).