Mexican Exports Reach Record High Despite Trump’s Tariffs

Fermaca Dreams Invests $3.7 Billion in Mexico’s Manufacturing and Digital Sectors
Published 30/04/2025

Mexican exports registered annual growth of 9.64% in March 2025, representing their best performance since October 2024, according to recent data from the National Institute of Statistics and Geography (INEGI). This rebound occurred in a challenging international context, marked by protectionist trade policies, including US tariffs.

Boost from the manufacturing and extractive sectors

The export dynamism is mainly explained by the positive performance of two key sectors:

  • Manufacturing sector: registered an increase of 9.97%, with notable strength in automotive, electronics, and machinery products.
  • Extractive sector: experienced notable growth of 34.1%, thanks to rising demand for oil and minerals.

These figures confirm Mexico's competitiveness as an export platform, especially in high-value-added industries.

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Trade Surplus Strengthens the External Balance

During March, Mexico achieved a trade surplus of $3.442 billion, driven by both export growth and increased imports in strategic sectors:

  • Total imports: increased 7.05% year-over-year.
    • Intermediate goods (inputs for production): grew 9.7%, reflecting a recovery in industrial activity.

As a result, the annual trade deficit was reduced from $8.2 billion at the end of 2024 to just $4.4 billion in March 2025, representing significant progress in the stability of Mexico's external sector.

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Resilience in the Face of Protectionist Measures

Despite the 25% tariffs imposed by the Donald Trump administration on certain Mexican products, the national economy has demonstrated a remarkable capacity to adapt. Exports not only remained stable but also grew solidly, revealing:

  • Diversification of markets and products.
  • Greater integration into global value chains.
  • Improved productivity and competitiveness of Mexican industries.

Opportunity for international investors

This environment demonstrates that Mexico remains a strategic location for industrial and commercial operations. At American Industries, we have the experience and services necessary to support foreign companies in their establishment and expansion in the country, even in the face of global challenges such as trade tensions.

Are you considering expanding your operations in Mexico? Our team can help you navigate this competitive environment with turnkey solutions that facilitate business growth in Mexico.

Why manufacturing in Mexico?

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