Mexico posts record $72.55 billion in exports as June growth hits 34.4%
Mexico’s merchandise exports reached $72.55 billion in June 2026, a 34.4% annual increase and the highest monthly total on record, according to trade balance data released July 27 by the Instituto Nacional de Estadística y Geografía (INEGI). The gain pushed the country’s first-half exports to $389.72 billion, up 24.6% year-over-year, also a record for the January-June period.
Manufacturing exports climb 35.3% in June, led by metals and electronics
Manufacturing exports totaled $67.22 billion in June, up 35.3% annually and again the main driver of the month’s trade performance. Mining and metallurgy shipments grew 40.9%, the largest gain among manufacturing subsectors, while electrical and electronic equipment exports rose 19.7%.
Non-oil exports to the United States climbed 35.8% in June, outpacing the 25% growth in shipments to the rest of the world and reinforcing how closely Mexico’s industrial output is tied to US demand.
First-half exports set a new record at $389.72 billion, up 24.6%
Across the first six months of 2026, manufacturing exports reached $355.90 billion, a 25.8% annual increase. Non-automotive manufacturing exports accounted for most of that growth, rising 37.6% to $263.64 billion on demand for electronics and data-processing equipment. Automotive exports told a different story: they rose just 1% for the semester, to $92.26 billion, as shipments to the United States fell 2.7% even as sales to other markets increased 11.3%.
Manufactured goods made up 91.3% of Mexico’s exports during the first half of the year, underscoring how dependent the country’s external accounts remain on industrial production rather than raw materials.
Trade surplus widens sixfold on strength of non-oil sales
June’s trade surplus reached $4.09 billion, and the cumulative surplus for the first half of 2026 climbed to $9.86 billion — more than six times the $1.43 billion surplus recorded in the same period of 2025. Imports also grew, up 28% in June to $68.46 billion and 22% for the semester to $379.87 billion, with intermediate goods accounting for 79.9% of the total, a sign of continued demand for components and inputs from Mexico’s manufacturing base.
What sustained export growth means for companies expanding in Mexico
Export growth at this scale, concentrated in non-automotive manufacturing and electronics, points to continued demand for industrial capacity in the regions where those sectors already cluster. For companies evaluating or expanding manufacturing operations in Mexico, that translates into tighter competition for qualified labor, serviced industrial space, and supply chain infrastructure in the corridors feeding US demand. At American Industries Group, we’re here to help — from industrial parks to legal and administrative services, we specialize in making international business expansion into Mexico seamless..
