Mexico’s merchandise exports totaled $69.54 billion in May 2026, up 25.4% from the same month a year earlier, according to preliminary figures from the National Institute of Statistics and Geography, known as INEGI.
Imports also increased, rising 24.0% year over year to $67.29 billion. As a result, Mexico posted a trade surplus of $2.26 billion for the month.
The export increase was led by non-oil shipments, which grew 25.6% annually. Oil exports rose 18.0%. Among non-oil exports, shipments to the United States increased 27.2%, while sales to other markets advanced 17.7%.
Manufactured goods remained the largest export category, reaching $62.99 billion and rising 25.1% from a year earlier. The strongest gains were reported in machinery and equipment for various industries, mining and metallurgical products, electrical and electronic equipment, plastics and rubber products, and food, beverages and tobacco.
Automotive exports moved in the opposite direction, falling 2.2% year over year. The decline reflected a 3.5% drop in shipments to the United States, partly offset by a 5.7% increase in sales to other international markets.
From January through May 2026, Mexico’s total exports reached $317.17 billion, up 22.6% from the same period of 2025. Imports totaled $311.40 billion, an annual increase of 20.8%.
INEGI said the figures are compiled using information from Mexico’s Tax Administration Service, the Ministry of Economy, the Bank of Mexico and INEGI.
Source: MVS Noticias
