2025 Jan Mexico Trade Data Summary: Deficit Widens

Mexico 2025 Jan Trade Data Key Takeaways

• Market Trend: Mexico trade data shows exports up 5.1% and imports up 5.8%, widening the trade deficit to $4.7B.
• Key Driver: Mexico import export data reveals U.S. dominates exports (81.6%) while imports diversify across U.S., China, and Asia.
• Strategic Risk: Hyper-focused exports and import-dependent manufacturing expose vulnerability to U.S. demand shocks.

Analysis covers 2025 Jan based on sanitized customs records from the yTrade database.

Mexico 2025 Jan Trade Data Trend Overview

• Export-driven manufacturing hub Mexico kicked off 2025 with solid momentum, as its latest Mexico global trade data reflects a resilient industrial base navigating shifting global supply chains.
• January’s Mexico import export data showed exports climbing 5.1% year-over-year to $44.4B, while imports rose 5.8% to $49.1B, indicating sustained demand for both foreign inputs and overseas sales.
• The higher import growth resulted in a trade deficit of $4.7B for the month, underscoring Mexico’s dependence on foreign components even as export performance remains firm.
• This import strength aligns with the rollout of Mexico’s 2025 foreign trade rules, which tightened compliance for non-FTA goods and encouraged use of USMCA partners, supporting near-term industrial activity despite broader tariff uncertainty [GT Law].

Table: Import Key Metrics (Source: yTrade)

Table: Export Key Metrics (Source: yTrade)

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Mexico 2025 Jan Top Trading Products

Mexico Global Trade Core Summary

Mexico's trade is heavily focused on manufactured goods, with vehicles, machinery, and electrical equipment making up over 55% of exports. These sectors also dominate imports, showing a strong industrial base but also reliance on foreign inputs. Exports include some agricultural products like vegetables and fruits, while imports feature raw materials like fuels, plastics, and metals. The trade structure suggests a mix of assembly-based manufacturing and some domestic resource processing. Key takeaways:

• Manufacturing drives trade, especially in vehicles and machinery.
• High import reliance for industrial inputs like electrical components.
• Limited but notable agricultural export presence.

Mexico Export-Import Structural Gap

Mexico exports and imports similar high-value goods (HS 84, 85, 87), indicating assembly-based production where parts are imported and finished goods exported. However, imports include more raw materials (fuels, plastics, steel) than exports, highlighting a dependency on foreign inputs for manufacturing. The trade gap leans toward processing rather than self-sufficient production, with opportunities to deepen local supply chains for machinery and electronics.

Table: Mexico Top Import & Export Product Categories (Source: yTrade)

Check Detailed Mexico Trade HS Code Breakdown

Mexico 2025 Jan Top Trading Countries

Mexico Global Trade Key Patterns

Mexico's exports are heavily concentrated, with the United States accounting for 81.6% ($36.3B) of total shipments. Other destinations like Canada (3.1%) and Mainland China (1.6%) are minor by comparison. Imports show more diversity, with the U.S. (39.5%, $19.4B) and China (22%, $10.8B) as top suppliers, followed by South Korea (4.2%) and Japan (3.1%). Regional trade is stronger in imports, with Asian suppliers like Vietnam, Malaysia, and Thailand playing notable roles. Key takeaways:

• Exports are U.S.-centric, with minimal diversification.
• Imports are more balanced, blending North American and Asian sources.
• No major overlap between top export and import partners beyond the U.S. and China.

Mexico Export–Import Geographic Gap

Mexico relies on a single dominant export market (the U.S.) while sourcing imports from a broader group, including Asia. This creates a structural gap: exports are hyper-focused, while imports are regionally diversified. The lack of overlapping trade partners (except the U.S. and China) suggests limited processing trade. The pattern points to downstream dependence on U.S. demand and upstream reliance on multi-regional supply chains.

Table: Mexico Top Destiantion & Origin Countries (Source: yTrade)

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Frequently Asked Questions

What are the major products exported by Mexico in 2025 Jan?

Mexico's top exports in January 2025 were vehicles (HS Code 87, $9.32B, 20.97%), machinery (HS Code 84, $8.20B, 18.44%), and electrical equipment (HS Code 85, $7.12B, 16.01%), based on the HS code data.

What are the main products Mexico imports in 2025 Jan?

Mexico's primary imports included electrical machinery (HS Code 85, $10.32B, 21.04%), industrial machinery (HS Code 84, $8.99B, 18.33%), and unspecified goods (HS Code 99, $6.11B, 12.45%), per the HS code breakdown.

Which countries are the top destinations for Mexico's exports in 2025 Jan?

The U.S. was Mexico's largest export market ($19.36B, 39.47%), followed by Mainland China ($10.78B, 21.98%) and South Korea ($2.05B, 4.18%), according to the country trade data.

Which countries supply most of Mexico's imports in 2025 Jan?

The U.S. dominated Mexico's imports ($36.27B, 81.62%), with Canada ($1.37B, 3.08%) and Mainland China ($714.77M, 1.61%) as distant secondary suppliers, as shown in the country data.

How balanced are Mexico's export and import markets in 2025 Jan?

Mexico recorded a $4.7B trade deficit in January 2025, with exports rising 5.1% to $44.4B and imports growing 5.8% to $49.1B, reflecting reliance on foreign components despite strong export performance (trend analysis).