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.

Mexico's exports to the United States reached $44.3 billion in February, accounting for 17.5% of total US imports. This figure shows a 6.4% year-over-year increase from February 2025 and a 4.2% rise from January 2026, according to US Census Bureau data.

Mexico widened its lead over rivals: Canada ranked second at 11.5%, Taiwan third at 8.3%, and China fell to fourth with 7.5%. Taiwan surpassed China for the second consecutive month in US supplier rankings.

Conversely, Mexico was the top destination for US exports, receiving $28.9 billion or 14.8% of the total, ahead of Canada's 14.5%.

For January-February combined, Mexican exports to the US totaled $86.8 billion, holding a 16.9% share with 4.2% annual growth. US exports to Mexico reached $60.5 billion, exceeding Canada's $52.8 billion.

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Illustration depicting South Korea's booming $85.89 billion April exports and $23.77 billion trade surplus at a busy port with semiconductors and growth charts.
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South Korea's April exports top $85.89 billion for second month

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South Korea's exports exceeded $85.89 billion in April, topping $80 billion for the second consecutive month. The figure jumped 48 percent from a year earlier, driven by robust semiconductor shipments. The trade surplus reached $23.77 billion, marking the second straight month above $20 billion.

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.

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Colombia's National Administrative Department of Statistics (DANE) reported that imports in January 2026 reached US$5,902.9 million, up 9.7% from January 2025. This marks the highest January figure in the decade, surpassed only by US$6,050.5 million in 2022.

Mexico remains the top source market for tourists to the United States, according to projections shared at a conference during IPW 2026 in Fort Lauderdale.

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Foreign direct investment in Mexico hit a record 40,871 million dollars in 2025, up 7.7 percent from revised 2024 figures. Yet the fourth quarter saw a negative flow of 5,026 million dollars, the first since records began. The Secretaría de Economía attributes this to dividend payments and financial operations, not investment cancellations.

South Korea's exports rose 65 percent from a year earlier in the first 20 days of May, driven by a sharp increase in semiconductor shipments.

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The Olmeca refinery in Dos Bocas, Tabasco, produced 83.1 thousand barrels per day of diesel in February, accounting for 27.85% of national output from Pemex's seven refineries. This contributed to cutting diesel imports to the lowest level in 17 years and starting exports. Diesel prices have risen in both Mexico and the United States.

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