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Mexico Records Third Consecutive Monthly Trade Surplus

Driven by a robust 25.4% surge in exports, Mexico secured a $2.26 billion trade surplus in May. This performance marks the third straight month of positive trade balance, as the country’s export growth successfully outpaced a 24% rise in import spending, according to data released by the national statistics institute Inegi.

Mexico Records Third Consecutive Monthly Trade Surplus

Manufacturing exports served as the primary engine for this expansion, climbing 25.1% to $62.99 billion. Higher global crude-oil prices bolstered the energy sector, pushing petroleum exports up 18% to $2.42 billion, while mining exports saw a dramatic near-doubling to $2.13 billion. Agricultural shipments also posted gains, rising 2.2% to reach $2 billion.

On the import side, the demand for intermediate goods used in production climbed 29.7% to $50.98 billion, signaling sustained industrial activity. Petroleum imports increased by 27.9% to $5.07 billion, reflecting broader inflationary pressures in energy costs. For the first five months of the year, Mexico has accumulated a $5.77 billion surplus, a significant jump from the $918 million recorded during the same period in 2025.

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