FX.co ★ Mexico’s Trade Deficit Widens in January 2026 to $1.25 Billion

Mexico’s trade balance deteriorated at the start of 2026, with the deficit expanding to $1.248 billion in January from $0.860 billion in December 2025, according to data updated on 27 February 2026.

The deeper negative balance signals that the value of Mexico’s imports continued to outpace exports at the turn of the year. January’s reading extends the country’s trade deficit and may prompt closer monitoring from investors and policymakers watching external balances and their potential impact on currency dynamics and economic growth.

The latest figures, covering the period through January 2026, will be scrutinized in the coming months for signs of whether the widening deficit is temporary or the start of a more persistent trend in Mexico’s trade position.