Mexico exported US$665.9 billion worth of products around the globe in 2025, increasing by 34.7% since 2021 when Mexican exports totaled $494.5 billion.
From 2024 to 2025, the total value of Mexican exports rose by 7.5% compared to $619.7 billion.
Home to 133.4 million residents, Mexico represents 1.6% of the 8.2 billion people living on the planet during 2025.
Mexico’s $665.9 billion worth of exported products translates to 2.4% of total global exports for 2025 ($23.9 trillion), down from 2.4% for the prior year.
Applying a continental lens, 87.1% of Mexico’s exports by value was delivered to fellow North American countries whereas 4.9% was sold to importers in Asia.
Mexico shipped another 4.3% worth of goods to buyers in Europe.
Smaller percentages were delivered to customers in Latin America (3.5%), Oceania (0.2%) Australia and New Zealand only, then Africa (0.1%).
Mexico’s Top Trading Partners
Below is a list showcasing 25 of Mexico’s top trading partners in terms of its export sales. That is, countries that imported the most Mexican shipments by dollar value during 2025. Also shown is each import country’s percentage of total Mexican exports.
- United States: US$545.4 billion (81.9% of Mexico’s total exports)
- Canada: $21.9 billion (3.3%)
- mainland China: $9.9 billion (1.5%)
- Germany: $7.7 billion (1.2%)
- South Korea: $5.3 billion (0.8%)
- Brazil: $4.5 billion (0.7%)
- Japan: $4 billion (0.6%)
- United Kingdom: $3.8 billion (0.6%)
- Taiwan: $3.5 billion (0.5%)
- Colombia: $3.1 billion (0.5%)
- Guatemala: $2.8 billion (0.4%)
- Netherlands: $1.9 billion (0.3%)
- Hong Kong: $1.63 billion (0.2%)
- Belgium: $1.61 billion (0.2%)
- India: $1.55 billion (0.2%)
- Switzerland: $1.47 billion (0.2%)
- Spain: $1.44 billion (0.2%)
- Singapore: $1.31 billion (0.2%)
- France: $1.29 billion (0.2%)
- Panama: $1.27 billion (0.2%)
- El Salvador: $1.18 billion (0.2%)
- Peru: $1.18 billion (0.2%)
- Argentina: $1.17 billion (0.2%)
- Costa Rica: $1.17 billion (0.2%)
- Australia: $1.14 billion (0.2%)
By value, well over nine-tenths (94.8%) of Mexican exports in 2025 was delivered to the above 25 trade partners.
Increasing their purchases of goods exported from Mexico at the fastest pace from 2024 to 2025 were importers in: Hong Kong (up 92.7%), India (up 54.9%), Argentina (up 49.3%), Belgium (up 35.3%) and South Korea (up 30.3%).
Double-digit percentage decliners in buying imports from Mexico were customers in Taiwan (down -28.5% from 2024) and the Netherlands (also down -14%).
Countries Causing Mexico’s Worst Trade Deficits
As defined by Investopedia, a country whose total value of all imported goods is higher than its value of all exports is said to have a negative trade balance or deficit.
It would be unrealistic for any exporting nation to expect across-the-board positive trade balances with all its importing partners. Similarly, that export country doesn’t necessarily post a negative trade balance with each individual partner with which it exchanges exports and imports.
Mexico incurred the highest trade deficits with the following countries.
- mainland China: -US$123.3 billion (country-specific trade deficit in 2025)
- Taiwan: -$43.1 billion
- Vietnam: -$21.9 billion
- South Korea: -$17.8 billion
- Malaysia: -$14.8 billion
- Japan: -$14.5 billion
- Thailand: -$12.7 billion
- Germany: -$11.8 billion
- Italy: -$8.8 billion
- India: -$7.6 billion
Among Mexico’s trading partners that cause the greatest negative trade balances, Mexico’s deficits with Taiwan (up 235.8%), Vietnam (up 50.4%) and Thailand (up 22.3%) grew at the fastest pace from 2024 to 2025.
These cashflow deficiencies clearly indicate Mexico’s competitive disadvantages with the above countries, but also represent key opportunities for Mexico to develop country-specific strategies to strengthen its overall position in international trade.
Countries Behind Mexico’s Greatest Trade Surpluses
Mexico posted an estimated US$2.3 billion trade surplus in 2025. The Mexican amount of black ink reversed a -$17.1 billion trade deficit one year earlier in 2024.
Based on Investopedia’s definition of net importer, a country whose total value of all imported goods is lower than its value of all exports is said to have a positive trade balance or surplus.
Mexico posted the highest trade surpluses with the following countries.
- United States: US$295.5 billion (country-specific trade surplus in 2025)
- Canada: $9.4 billion
- Guatemala: $2.1 billion
- United Kingdom: $1.4 billion
- Colombia: $1.3 billion
- Panama: $1.2 billion
- El Salvador: $883.7 million
- Hong Kong: $844.5 million
- Australia: $685.9 million
- Dominican Republic: $603.7 million
Among Mexico’s trading partners that generate the greatest positive trade balances, Mexico’s surpluses with United Kingdom (up 218.1%), Colombia (up 177.2%) and Australia (up 174.9%) grew at the fastest pace from 2024 to 2025.
In addition, Mexico’s surplus trading with Hong Kong in 2025 belies a reversal from a -$670.8 million trade deficit for 2024.
These positive cashflow streams clearly indicate Mexico’s competitive advantages with the above countries, but also represent key opportunities for Mexico to develop country-specific strategies to optimize its overall position in international trade.
Major Mexican Companies Servicing Trading Partners
According to Forbes Global 2000 rankings, the following companies are examples of major Mexican companies.
- ALFA (petrochemicals, auto parts, food)
- Arca Continental (soft drinks, bottling)
- Cemex (construction materials)
- FEMSA (alcoholic beverages)
- Grupo Bimbo (bakery products)
- Grupo Mexico (metals, mining)
- Grupo Modelo (brewery)
- Industrias Peñoles (silver, gold, zinc, lead)
According to global trade intelligence firm Zepol, the following smaller companies are also examples of leading Mexican exporters.
- Autotek Mexico (vehicles, automotive parts)
- Manufacturera Lee De Mexico (clothing, accessories)
- Sitwell S A DE (chairs, seats)
- Tubos De Acero De Mexico (casing, tubing, pipes, iron/steel bridges)
See also Mexico’s Top 10 Imports, Mexico’s Top 10 Exports, Mexico’s Top 10 Major Export Companies and United States Top 10 Exports
Research Sources:
Central Intelligence Agency, The World Factbook Country Profiles. Accessed on May 14, 2026
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 14, 2026
Trade Map, International Trade Centre. Accessed on May 14, 2026
Investopedia, Net Importer Definition. Accessed on May 14, 2026
Wikipedia, List of Companies of Mexico. Accessed on May 14, 2026
Zepol’s company summary highlights by country. Accessed on May 14, 2026