Trade between Mexico and South Korea continues to grow, supported by demand for raw materials, industrial inputs and manufactured components. In April 2026, Mexican exports to South Korea reached 970 million dollars, representing a 61.7% year-over-year increase, according to recent bilateral trade figures.
Mexico’s main exports to South Korea include crude oil, lead minerals, internal combustion engines and metal concentrates. These products are used across key industries such as energy, automotive manufacturing, metallurgy and broader industrial production.
Lead ore remains one of the most significant goods in the trade relationship. Mexican exports of this product reached 458 million dollars in February 2026 and stood at 446 million dollars in April. Other minerals, including zinc and precipitated copper, also posted strong growth, reflecting higher demand from South Korea’s industrial sector.
A significant share of export billing is concentrated in Mexico City, while mining states such as Sonora also play an important role in supplying mineral products.
The trade relationship moves in both directions. In April 2026, South Korean exports to Mexico totaled 1.35 billion dollars, up 28.6% from the previous year. Key products shipped from South Korea to Mexico include electrical and electronic machinery, mechanical equipment, industrial machinery, vehicles, auto parts, steel, computers and semiconductors.
Source: El Financiero
