The value of exports of Mexico increased annually in March all the time and the first quarter of 2025, despite the imposition of US charges in the range of Mexican products.
Data published by National Statistical Agency InEGI Mexico’s exports on Monday were worth US $ 55.52 billion last month, an increase of 9.6% compared to March 2024. Almost 10% increased in export revenue 2.9% decline in the year in February.
March on March 2025, export and imports grew to the annual rate and changed the registered waterfall in February. Non -oil exports, which indicate 96% of the export, are driven by an increase in production and extraction. pic.twitter.com/hgstek5hw0
– Mexico, how are we going? (Mexexicocomovamos) April 28, 2025
The Investy data also shows that Mexico received $ 149.25 billion in the first trimester of 2025, which increased by 4% compared to last year’s first quarter.
The record forces and the first quarter export revenue came as US President Donald Trump began implementing “US first” security policies 25% of the Mexican steel and aluminum that came into effect from March 12.
Two days in early March, 25% of all Mexican products sent to the United States were in effect on the fees, but on March 6 Trump raised duties on USMCA-accurate goods.
“Our relationship is one of the best, and we are working hard and on the border to prevent illegal foreigners from entering the United States and stop the Fendanal,” he wrote on social media at the time.
Mexico sends more than 80% of its exports to the United States, and it is the world’s best exporter for the largest economy. Mexico’s total export revenue exceeded $ 600 billion For the first time in a calendar year in 2024, $ 500 billion in that amount Comes from the goods sent to the United States
It should be seen whether Mexico can set a new export record in 2025, US charges are applied to various Mexican products, Including profitable auto exports.
Mining increases revenue, but the manufacturing sector is still the center of export power of Mexico
The 9.6% increase in export revenues in March may be somewhat due to the fact that the holy week fell in March last year, while Easter led to Sunday, April 2025.
Nevertheless, a good news for the Mexican Export Department as a result Significant uncertainty over the future of its trade relationship with the United States.
Inki data shows that the share of the lion’s share of Mexico’s export income in March (90%) was shipped abroad. Export revenue of the manufacturing sector increased by 10% annually last month to $ 49.99 billion.
Exports of agricultural commodities brought $ 2.29 billion in March, which fell 2.8% declined by the same month, while international oil sales earned $ 2.17 billion revenue, which increased 7.1% year per year.
Revenue from mining exports increased by 34.1% to $ 1.06 billion, but only 1.9% of Mexico’s total exports revenue last month.
In the first trimester of the year, manufacturing exports earned $ 134 billion revenue, an increase of 5.5% compared to the first quarter of last year. Vehicle exports fell 3.9% annually during this period, but non -auto production products were increased by 10.7% to compensate for that fall.
The value of agricultural exports fell 1.2% to $ 6.64 billion annually, while oil revenues fell 21.9% to $ 5.81 billion.
Mining exports brought $ 2.78 billion in revenue between January and March, an increase of 22.6% compared to the quarter of 2024.
Mexico records trade surplus in March and Q1
Mexico imported $ 52.08 billion in March, an increase of 7.1% compared to the same month last year.
Mexico recorded $ 3.44 billion trade surplus last month. Inki said the surplus rose 72.8% compared to March 2024.
The cost of imports in the first quarter of the year increased by a total of $ 148.15 billion, an increase of 1.3% per year.
In the first trimester of Mexico, it was registered with $ 1.09 billion surplus, a breakthrough compared to $ 8.21 billion in 2024.
