FX.co ★ Mexico Swings to Strong Trade Surplus in March 2026, Reversing February Deficit

Mexico’s trade balance posted a sharp turnaround in March 2026, moving from deficit to a solid surplus, according to the latest data updated on 27 April 2026.

After recording a trade deficit of -0.463 billion USD in February 2026, Mexico’s external position strengthened markedly in March, with the trade balance reaching a surplus of 5.932 billion USD. This month‑to‑month shift represents a significant improvement in the country’s trade performance in the space of just one period.

The March figures suggest a notable change in the dynamics of Mexico’s cross‑border goods flows compared with February. While the data released do not break down the specific drivers, the headline move from deficit into a multi‑billion‑dollar surplus will be closely watched by markets and policymakers assessing the momentum of Mexico’s external sector in early 2026.