Economic Calendar
Mexico Trade Surplus Widens in May Despite Missing Forecasts

Mexico’s trade surplus widened to $2.26 billion in May 2026 from a $1.23 billion a year earlier, but falling short of market expectations for a $4.6 billion surplus. Exports rose 25.4% year-on-year to $69.5 billion, after touching a record high level in April, driven by an 88.7% surge in mining shipments and a 25.1% increase in manufacturing exports, mostly machinery and specialized industrial equipment. However, auto exports declined 2.2%. Imports jumped 24% to $67.3 billion, mainly due to higher purchases of intermediate goods, particularly oil, which rose 31.5%. Imports of consumer and capital goods also increased 6.5% and 1.6%, respectively. In the first five months of 2026, Mexico posted a trade surplus of $5.78 billion.
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