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.

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.

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South Korea's exports rose 36.7 percent year-on-year to a record $25.2 billion in the April 1-10 period, fueled by strong semiconductor demand. Korea Customs Service data showed imports up 12.7 percent to $22.1 billion, resulting in a $3.1 billion trade surplus.

India’s goods trade deficit narrowed to $20.67 billion in March from $21.69 billion a year earlier, data from the Commerce and Industry Ministry showed. The easing came amid a West Asia crisis that curbed petroleum imports and exports to the region. Goods exports for FY26 rose 1% to $441 billion.

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The Mexican export blend price hit 99.21 dollars per barrel, its highest in over three years and eight months, driven by Middle East tensions. This exceeds the SHCP's 2026 forecast by 80.7%. Fuel prices in Mexico rose moderately, with diesel most affected.

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