Mexico’s Year-End Trade Flip: A Surplus In Raw Data, A Deficit After Adjustment

Key Points Mexico’s December balance showed a $2.43 billion surplus in raw terms, but a $861 million deficit after seasonal adjustment. Exports jumped to $60.651 billion, led by manufacturing, while oil exports sank on weaker volumes and prices. For all of 2025, Mexico swung to a $771 million surplus from a $18.541 billion deficit in […]