Mexico’s Exports Rise by Nearly 30% to Record US$549.40Bn through August 2026
- Mexico’s exports rose by nearly 30% to US$549.40Bn in the January to August 2026 period, a record for the period, led by computer equipment. Growth was powered by a booming August, when exports reached a 40.4% annualized growth rate.
- The strong performance comes as Mexico pushes to raise regional content in its electronics exports, while President Claudia Sheinbaum said tariff talks with the US will continue this week.
- Meanwhile, the peso fell to 18 per US dollar on Monday as oil prices and concerns over the US Federal Reserve weighed on both currencies, just weeks after the return of the “super peso” had been proclaimed when it traded below 17.
- Last week, Banco de México held its benchmark rate at 6.50% for a third straight meeting, signaling a split from the Fed, even as the peso weakened toward its worst week since March.
(Source: Mexico News Daily)
