In January, a trade deficit of 6.4 billion dollars was recorded

At the beginning of 2026, Mexican exports totaled 48.7 million dollars, an amount that represents an increase of 8.1 percent compared to January of last year, the National Institute of Statistics and Geography (Inegi) reported yesterday.

In the first 31 days of this year, imports stood at 54,489 million dollars, data that showed an increase of 9.8 percent. Thus, the balance of the country’s trade balance observed a deficit of 6,481 million dollars.

The sale of non-oil merchandise totaled 46,897 million dollars in January, which represented an increase of 9.8 percent at an annual rate.

Exports to the United States increased 7.9 percent at an annual rate and to the rest of the world, 19.6 percent.

The total invoices to the United States had a share of 82.31 percent, while those made to the rest of the world represented 17.69 percent.

According to Inegi data, the percentage by destination has been modified. In December 2025, turnover to buyers from the United States was 83.70 percent, while that corresponding to other countries was 16.30.

In the group of merchandise sent to US territory, automotive companies contracted 16.7 percent compared to January 2025, while the rest increased 18.2 percent.

The value of exports of manufactured products was 43,508 million dollars, which represented an advance of 9.4 percent at an annual rate.

The most important increases were observed in machinery and special equipment for various industries, with 65.8 percent; of mining and metallurgy products, 29.9 percent; metal products for domestic use, with 7.3 percent; and electrical and electronic equipment and appliances, with 2.5 percent.

Oil exports totaled 1,111 million dollars in January, which translated into a collapse of 33.5 percent. This amount was made up of 608 million dollars from sales of crude oil and 502 million dollars from exports of other petroleum products.

In the first month of 2026, the value of merchandise imports was 54,489 million dollars and represented an annual growth of 9.8 percent.

The purchase of consumer goods from abroad amounted to 6,988 million dollars, an amount that translated into an annual drop of 3.8 percent. The figure resulted from a 35.2 percent contraction in imports of oil consumer goods and a 3.7 percent growth in non-oil consumer goods.

In the country, intermediate-use goods worth 43,123 million dollars were purchased from other countries, a level 14.2 percent higher than that reported in January 2025. This variation is due to a 16.5 percent growth in imports of non-oil intermediate-use products and a 14.4 percent drop in oil intermediate-use goods.

Imports of capital goods reached 4,379 million dollars, which implied an annual decline of 4.4 percent.