Mexico Hits Record $70.7B Exports in March, Extends US Lead

Dansk

Building on its top position in US imports through February, Mexico posted a record $70.7 billion in total exports for March 2026, up 27.7% year-over-year, with a $5.9 billion trade surplus. Non-automotive manufactures drove the surge amid US supply chain shifts, while deseasonalized figures rose 8.5% from February.

Automotive exports grew modestly by 2% overall but fell 3.4% to the US. Non-automotive manufactures jumped 43.7%, led by minerometallurgy (+61.8%), electrical/electronic equipment (+17.8%), and food/beverages/tobacco (+14.4%).

Non-oil exports to the US (ex-autos) rose 43.9%, even as oil values dropped 20.4% with volumes halving to 495,000 barrels daily. Mexico continued gaining share in ICT (to 20.6%), aerospace (to 7.2%), and flexible manufacturing (to 6.4%), aided by logistics advantages, tariffs, and T-MEC exemptions from US surcharges.

Banxico forecasts nearshoring benefits from 2026-2030, though challenges like customs delays, logistics security, and energy shortages persist.

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Photorealistic depiction of South Korea's Busan port with cargo ships carrying semiconductors, overlaid graphs showing record $86.13 billion exports.
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South Korea's March exports hit $86.13 billion, all-time high

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South Korea's exports reached $86.13 billion in March, breaching the $80 billion mark for the first time ever. According to data from the Ministry of Trade, Industry and Resources, this represents a 48.3 percent increase from a year earlier. Record semiconductor shipments drove the surge.

Mexico leads US exports with $44.3 billion in February

Mexico solidified its position as the top US trading partner in February 2026, with exports totaling $44.3 billion, or 17.5% of total US imports. This marks a significant rise from prior periods, as China dropped to fourth place. The figures come from the US Census Bureau.

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Mexico's merchandise exports to the United States hit a record high of $44.5 billion in November 2025, solidifying the country as the top trading partner of the world's largest economy.

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South Korea's exports jump 34 percent in January on semiconductor demand

South Korea's exports rose 33.9 percent year-on-year in January to $65.85 billion, fueled by strong demand for semiconductors. This marked the highest January figure on record and the first time surpassing $60 billion for the month. The trade surplus reached $8.74 billion, extending the streak to 12 consecutive months, according to Ministry of Trade, Industry and Resources data.

Colombia's imports reached US$70.502 million in 2025

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Mexico reaches record investment portfolio of 406.8 billion dollars

Mexico's Secretary of Economy, Marcelo Ebrard, announced that the country's investment portfolio has grown to 406.8 billion dollars, a historic record driven by new projects across the 32 states. At the First National Investment Promotion Meeting, businesswoman Altagracia Gómez emphasized the goal of reaching 25% of GDP in investments by 2026, as part of the Plan México.

Japan's exports rise 16.8% in January, biggest jump in three years

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