Thursday, July 23, 2026
ECONOMY

Asian Imports to Mexico Decline in 2026: Economic Impact on National Economy?

Lider Empresarial USA
July 22, 2026
Asian Imports to Mexico Decline in 2026: Economic Impact on National Economy?

Mexican imports from non-trade agreement countries, particularly from Asia, saw a significant decrease in early 2026 due to new tariffs.

Asian Imports to Mexico Decline in 2026: How Does it Impact the National Economy?

Imports of products originating from countries without a trade agreement with Mexico decreased by 23.2% during the first five months of 2026, following the implementation of tariffs by the federal government in December of the previous year. According to figures from the Undersecretariat of Foreign Trade at the Ministry of Economy, the most significant impact was observed in purchases made from Asia, particularly from China.

According to the dependency, between January and May, imports for the one thousand 463 tariff fractions included in the decree fell from 15.383 billion dollars in 2025 to 11.808 billion dollars in the same period of this year.

The largest reduction was concentrated in China, whose exports to Mexico for products subject to the new tariffs decreased by 28.4%, dropping from 10.099 billion dollars to 7.228 billion dollars.

The Ministry of Economy also reported declines in imports from other Asian markets. Purchases from Taiwan fell by 32.7%, those from South Korea decreased by 21.9%, while India and Thailand recorded drops of 12.3% and 6.3%, respectively. Furthermore, operations from Brazil under this scheme declined by 29.6%.

By sector, the Undersecretariat of Foreign Trade reported that the light vehicle industry experienced the largest reduction in monetary terms, with a fall of 1.180 billion dollars, equivalent to 29.7% compared to the same period in 2025.

Auto parts also showed a significant decrease, with import reductions of 39.5%, followed by steel products, with a drop of 30%.

In percentage terms, trailers led the steepest declines, with a collapse of 54.5%, while footwear imports receded by 37.9%.

According to the Ministry of Economy, these results reflect the impact of the tariffs implemented at the end of 2025 on goods originating from countries without trade agreements with Mexico, particularly in industrial sectors that depend on

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