Mexico’s export revenue shot up 27.7% in March
Mexico’s export revenue surged 27.7% annually in March, driven by a 43.7% increase in the value of non-automotive manufacturing sector exports, according to official data. The national statistics agency INEGI reported on Monday that Mexico’s exports were worth US $70.727 billion in March, easily the largest monthly total in 2026. Mexico’s export earnings have now increased in annual terms in each of the last 10 months. Six double-digit increases in revenue were reported in the period. INEGI also reported that Mexico’s export revenue totaled a record-high $175.586 billion in the first three months of the year, a 17.9% increase compared to the same period of 2025. It was the largest annual increase in export revenue for any first quarter since 2011. Mexico’s export revenue hit a record high in 2025 — despite the United States’ imposition of tariffs on various Mexican goods — and has continued to grow in early 2026. More than 90% of export revenue came from the shipment abroad of...