Mexico posted a $2.43 billion trade surplus in December 2025, up from $1.85 billion a year earlier but slightly below forecasts of $2.50 billion. Exports rose 17.2% year on year to $60.65 billion, driven by a 20.6% increase in manufactured goods shipments. In contrast, oil exports plunged 32.9%, while agricultural and fishing exports fell 12.7%. Merchandise imports totaled $58.22 billion, marking a 16.7% annual increase. Consumer goods imports surged 25.3%, intermediate goods rose 17.3%, and capital goods edged down 0.6%. For full-year 2025, Mexico recorded a $0.77 billion trade surplus, swinging from an $18.54 billion deficit in 2024.
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