Amid changes in foreign trade, Mexico’s National Customs Agency (ANAM) reported that customs revenue suffered a real drop of 2.5% in November 2025 compared to the same month in 2024, totaling 115,621.05 million pesos (mdp) in cash flow .
According to data from the Customs Revenue and Operation Dashboard , in the eleventh month of 2025, the Value Added Tax (VAT) also showed a contraction of 12.9% compared to November 2024, with 75,363.1 million pesos; although the Special Tax on Production and Services (IEPS) showed a growth of 62.3%, totaling 22,985 million pesos.
In the reference cycle, operations totaled 1,664,979 , a decrease of 7.6% over the same month of 2024; while customs declarations contracted by 10.6% , with 841,171 procedures.
Customs revenues by type also showed losses compared to the penultimate month of 2024. Northern border customs offices experienced a real decline of 8.8%, registering 34,308.43 million pesos; while inland customs offices saw a 1.5% decrease in revenue by cash flow, with 21,117.24 million pesos. Only maritime customs offices showed a slight increase of 1.4%, with 60,003.99 million pesos.
The three most important customs offices in the country showed declines in revenue collection. Manzanillo totaled 13,440.01 million pesos, representing a real decrease of 27.1%; Veracruz registered 9,742.08 million pesos, a drop of 24.4%; and Nuevo Laredo obtained 16,525.30 million pesos, a real decrease of 12.8%.
Accumulated, with a good pace
Despite the negative figures obtained in the penultimate month of 2025, ANAM reported that collection in the January-November period registered an increase, with a real increase of 14.3% compared to the same cycle of 2024, adding up to a cash flow of one trillion 320 billion 462.14 million pesos.
During the period, VAT increased by 7.8%, reaching 904,133.1 million pesos; while IEPS grew by 49.9%, totaling 223,403.7 million pesos.
However, both transactions and customs declarations showed declines. Transactions fell 2.7%, to 19,743,677; while customs declarations totaled 9,918,321, representing a 4.4% decrease.
Although November 2025 showed a drop in customs revenue, the accumulated balance reflects a positive performance, driven mainly by the gradual recovery of VAT and IEPS, ANAM highlighted in its report.
According to projections from the Ministry of Finance and Public Credit (SHCP) , the entry into force of the collection of tariffs on Asian goods by Mexico on January 1st could alter the pace of imports and generate an increase in revenue of up to 62 percent.
The decree, published on December 29, 2025 in the Official Gazette of the Federation (DOF) , establishes modifications to various tariff classifications of the General Import and Export Tax Law , and are aimed at various products in the footwear, automotive, textile and toy sectors, among other industries, in order to safeguard 350,000 jobs in the country.
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