México Balança Comercial

Mexico posted a $0.6 billion trade surplus in October 2025, the first since June and the largest since May, beating the $0.4 billion deficit expected by markets and the $0.2 billion gap from a year earlier. Exports rose 14.2% year-on-year to $66.1 billion. Non-oil extractive industries showed the strongest increase, up 18.6% to $1.28 billion, while manufacturing climbed 17.4% to $61.6 billion. Oil sales fell 29.8% to $1.8 billion, agriculture and animal products 19.5% to $1.4 billion, and vehicles 14% to $16.1 billion. Imports advanced 12.8% to $65.5 billion, led by intermediate goods, up 15.7% to $50.6 billion. Purchases of non-oil merchandise rose 13.9% to $61.6 billion, and consumer goods 10.7% to $9.9 billion. Oil product inflows dropped 2.6% to $3.9 billion, and capital goods 7.4% to $5.0 billion. Year-to-date, the country posted a $2.3 billion deficit, down 88.2% from the same period in 2024.