FX.co ★ Mexico Swings to Trade Deficit in July After Strong June Surplus

Mexico’s trade position deteriorated sharply in July 2026, shifting from a solid surplus to a deficit, according to data updated on 27 August 2026.

After recording a trade surplus of $4.060 billion in June 2026, the balance swung to a deficit of $0.848 billion in July 2026. The reversal suggests a significant change in the monthly trade dynamics, either through weaker exports, stronger imports, or a combination of both, although the detailed composition of trade flows was not provided.

The abrupt move from surplus to deficit is likely to draw attention from investors and policymakers monitoring Mexico’s external accounts, as sustained shifts in trade flows can have implications for currency performance, inflation pressures, and broader economic sentiment.