Mexico’s Exports Reach US$56.8 Billion in February

Mexico’s exports totaled US$56.8 billion in February 2026, posting a solid year-over-year increase and confirming the strength of the country’s external sector at the start of the year.

The expansion was largely driven by manufacturing exports, which continue to dominate Mexico’s trade profile. Shipments of industrial goods—particularly machinery, electrical equipment, and automotive products—accounted for the majority of total exports, reflecting sustained demand from international markets and the country’s strong industrial base.

The United States remained Mexico’s main trading partner, receiving most of the country’s exports. However, trade with other regions has shown gradual growth, signaling ongoing efforts to diversify export destinations and reduce dependence on a single market.

In addition to manufacturing, other export categories such as agricultural and oil-related products also contributed to the overall performance, although to a lesser extent. Seasonal factors and commodity price fluctuations played a role in shaping these segments.

Analysts highlight that Mexico’s export sector continues to benefit from nearshoring trends, as companies relocate or expand operations closer to the U.S. market. This has strengthened the country’s position within global supply chains, particularly in high-value industries.

Despite global economic uncertainty, including geopolitical tensions and slower growth in some regions, Mexico’s export performance remains resilient. The country’s competitive advantages—such as its geographic location, trade agreements, and skilled workforce—continue to support its role as a key player in international trade.

Overall, February’s results reinforce the importance of exports as a central driver of Mexico’s economic growth, with expectations that the sector will remain dynamic in the coming months.