After a first half of the year marked by declining figures, July 2026 brought different signs for the heavy vehicle industry in Mexico. Production and exports increased compared to the same month last year, although the cumulative performance still reflects the effects of the contraction recorded during the first months of the year, reported Alejandro Osorio, Director of Public Affairs and Communication for the National Association of Bus, Truck, and Tractor-Trailer Manufacturers (ANPACT) .

During the seventh month of the year, 14,675 heavy vehicles were produced , an increase of 51.8% compared to the 9,668 units manufactured in the same month of 2025. Of the total, 14,319 corresponded to the cargo segment and 356 to the passenger segment .

The greatest growth was recorded in the passenger segment, whose production increased 80.7% compared to July of last year.

Despite the monthly increase, the cumulative total from January to July is still below the level recorded in 2015. In the first seven months of the year , 85,551 units were manufactured , a decrease of 6.1% compared to the 91,124 of the same period of the previous year.

Regarding the technologies used, production during July was almost entirely concentrated on Euro VI diesel units . No electric or natural gas vehicles were manufactured during the month.

Exports gain momentum

The most pronounced performance was observed in exports. During July, Mexico shipped 13,117 heavy vehicles abroad , a 66.7% increase compared to the 7,867 units exported in the same month of 2015.

During the presentation of results, ANPACT  highlighted the performance of tractor-trailer trucks , one of the main products within Mexican heavy vehicle exports.

The United States remained the main destination , with 9,374 units, followed by Canada with 436, and Colombia with 135. In the month, Mexico made shipments to nine countries, while in the accumulated January-July it reached 13 markets.

Among the destinations that registered the greatest variations were Colombia with an annual growth of 128%, and Peru with an increase of 220% . ANPACT attributed this performance to the efforts made to open and diversify export markets.

As with production, diesel vehicles accounted for the majority of exports during July, with 13,117 units exported under this technology.

Used, a pressure that continues

While production and exports showed better performance during July, ANPACT again focused on the import of used heavy vehicles from the United States , considering that their entry continues to affect both the established industry in Mexico and the carriers and the domestic market.

Between January and June, imports of these vehicles decreased by 30.4%. However, for every 100 new heavy vehicles sold in Mexico, an additional 53.4 used vehicles were imported .

The association noted that this flow has effects on employment, the production chain and domestic market prices, and is therefore holding talks with the Ministry of Finance and Public Credit (SHCP) and the Undersecretariat of Revenue to find mechanisms to contain it.

“A constructive, productive effort that we hope will bear fruit in the short term to provide a definitive solution to this problem affecting the industry,” Osorio said .

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El cargo Heavy goods production and exports accelerate in July apareció primero en T21.

After a first half of the year marked by declining figures, July 2026 brought different signs for the heavy vehicle industry in Mexico. Production and exports increased compared to the same month last year, although the cumulative performance still reflects the effects of the contraction recorded during the first months of the year, reported Alejandro Osorio, Director of Public Affairs and Communication for the National Association of Bus, Truck, and Tractor-Trailer Manufacturers (ANPACT) .

During the seventh month of the year, 14,675 heavy vehicles were produced , an increase of 51.8% compared to the 9,668 units manufactured in the same month of 2025. Of the total, 14,319 corresponded to the cargo segment and 356 to the passenger segment .

The greatest growth was recorded in the passenger segment, whose production increased 80.7% compared to July of last year.

Despite the monthly increase, the cumulative total from January to July is still below the level recorded in 2015. In the first seven months of the year , 85,551 units were manufactured , a decrease of 6.1% compared to the 91,124 of the same period of the previous year.

Regarding the technologies used, production during July was almost entirely concentrated on Euro VI diesel units . No electric or natural gas vehicles were manufactured during the month.

Exports gain momentum

The most pronounced performance was observed in exports. During July, Mexico shipped 13,117 heavy vehicles abroad , a 66.7% increase compared to the 7,867 units exported in the same month of 2015.

During the presentation of results, ANPACT  highlighted the performance of tractor-trailer trucks , one of the main products within Mexican heavy vehicle exports.

The United States remained the main destination , with 9,374 units, followed by Canada with 436, and Colombia with 135. In the month, Mexico made shipments to nine countries, while in the accumulated January-July it reached 13 markets.

Among the destinations that registered the greatest variations were Colombia with an annual growth of 128%, and Peru with an increase of 220% . ANPACT attributed this performance to the efforts made to open and diversify export markets.

As with production, diesel vehicles accounted for the majority of exports during July, with 13,117 units exported under this technology.

Used, a pressure that continues

While production and exports showed better performance during July, ANPACT again focused on the import of used heavy vehicles from the United States , considering that their entry continues to affect both the established industry in Mexico and the carriers and the domestic market.

Between January and June, imports of these vehicles decreased by 30.4%. However, for every 100 new heavy vehicles sold in Mexico, an additional 53.4 used vehicles were imported .

The association noted that this flow has effects on employment, the production chain and domestic market prices, and is therefore holding talks with the Ministry of Finance and Public Credit (SHCP) and the Undersecretariat of Revenue to find mechanisms to contain it.

“A constructive, productive effort that we hope will bear fruit in the short term to provide a definitive solution to this problem affecting the industry,” Osorio said .

Comment and follow us on LinkedIn:  @Karina Quintero  /  @GrupoT21

El cargo Heavy goods production and exports accelerate in July apareció primero en T21.

For years, the border has been the natural barometer of the trade relationship between Mexico and the United States . When manufacturing grows, crossings increase; when the economy slows, the movement of goods also suffers. 

Today the indicator is pointing upwards again. Trade between the two countries reached record highs at the end of April 2026, driving increased activity in North America’s main logistics corridors. 

The question is whether this growth is translating into more opportunities for road transport or into greater pressure on an infrastructure that has been operating near its limits for years. 

The answer begins to be found at the border .

According to figures from the  U.S. Department of Commerce , trade through the port of Laredo reached historic levels at the close of April 2016. The comparative chart shows Mexican exports to the United States of $21.70 billion and imports from that country of $12.45 billion, for a total trade exchange of $34.15 billion, the highest level for an April since comparable records have been kept. 

Behind this performance lies a reality that is already beginning to be felt at the border: more cargo, higher operating volumes, and increasing pressure on the logistics corridors that connect Mexico with the United States.

Behind the record figures lies a transformation that has been building for years. Data from the Department of Commerce shows that trade handled by Laredo grew from $17.3 billion in April 2016 to $34.16 billion in April 2026, a 97.5% increase in a decade. 

The increase has been driven primarily by Mexican exports to the United States, which grew from $9.54 billion to $21.70 billion during the same period, a 127.5 percent increase. Meanwhile, Mexican imports from the United States rose from $7.76 billion to $12.45 billion, a 60.6 percent increase. 

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El cargo The challenge of moving a historic business apareció primero en T21.

The continued growth in Mexican manufacturing exports is also increasing pressure on companies’ working capital. In May 2026, exports of manufactured goods grew 25.1% year-on-year, but the long payment cycles of international trade represent one of the main challenges for manufacturers to sustain their operations and meet demand, according to Mundi , a company specializing in international trade finance.

According to Mexico’s Merchandise Trade Balance , prepared by the National Institute of Statistics and Geography (Inegi) , exports of manufactured products reached 62 billion 990 million dollars (mdd) in the fifth month of the year, consolidating itself as the main component of Mexican sales abroad.

In this context, Mundi pointed out that the increased export dynamism also increases the need for working capital among manufacturing companies to meet new orders without affecting their operations .

However, this growth does not eliminate one of the main challenges for companies in the sector: maintaining sufficient liquidity to finance the purchase of inputs , production and payroll while waiting for payment for their exports, whose cycles can extend up to 180 days.

“The manufacturing sector in Mexico has world-class technical capabilities that compete globally. All this at a time when payment cycles can extend up to 180 days and bank credit for foreign trade operations remains limited for small and medium-sized enterprises (SMEs),” said Carlos Missirian, VP Business Development at Mundi.

An example of this need for liquidity is  Dincosa , a company located in Chihuahua dedicated to the manufacture of bolted structures, mechanical equipment and specialized sheet metal for the mining, oil and gas, processing industry and data center sectors, which exports to the United States, Central America and Asia.

Alejandro Hernández, general manager of Dincosa, explained that several months can pass between receiving a purchase order and receiving payment, a period during which the company must continue acquiring materials, producing and covering its operating costs.

“During that time we need to continue buying supplies, producing and paying payroll,” Hernández stressed.

This scenario shows that export growth depends not only on international demand but also on companies’ financial capacity to sustain operations while completing their payment collection processes . For manufacturers, having timely access to working capital can mean the difference between fulfilling new orders or limiting their growth due to a lack of liquidity.

In this context, timely access to working capital is emerging as a key factor for manufacturing companies to take advantage of the growth in international demand without compromising their operations.

Having liquidity to finance inputs, production and delivery times will be key for more manufacturers to maintain their competitiveness and expand their presence in export markets.

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El cargo Liquidity, the challenge behind the manufacturing export boom apareció primero en T21.

The review of the United States – Mexico-Canada Agreement (USMCA) could extend for at least two more years and result in annual evaluations until 2028 before reaching a final agreement, estimated Paulina Anciola, deputy director of Economic Studies at Banamex .

During a discussion organized by Mundi , the specialist explained that the agreement includes a review in July 2026, at which time the three countries will have to decide whether to extend its validity for another 16 years. However, there is also the possibility of maintaining annual reviews while negotiations continue.

“There are about three possible scenarios regarding this review. The first would be that on July 1st, all three parties say, ‘we agree,’ and the treaty is extended for another 16 years. That’s what we think is unlikely to happen,” he noted.

Anciola explained that the second scenario would be that one of the countries decides to abandon the agreement , while the third contemplates successive annual reviews in case the parties do not reach a consensus on the future of the treaty.

“What we see right now as the most likely scenario from Banamex is annual reviews, at least until 2028,” he stated.

The economist explained that this mechanism could remain in place for up to 10 years as long as the three trading partners remain within the agreement. If there is no consensus at the end of that period, the treaty would expire .

According to Banamex, the uncertainty associated with the review process will remain present in the coming years, although investors have begun to adapt to a more complex decision-making environment.

Anciola believes that an automatic renewal in 2026 looks complicated due to the pressure exerted by the United States, since the discussion of the agreement is no longer limited to trade issues.

“Everyone was already expecting that it would be very difficult to have a clean review on July 1st and that it would be automatically renewed because of all the pressure we have seen from the United States, not only on trade issues, but it is now mixed with security issues, with migration issues, with trade issues,” he commented.

The specialist added that the administration of Donald Trump, President of the United States, could use the review process as a tool for political and commercial pressure on various fronts, so the uncertainty surrounding the agreement could extend beyond 2026.

“We believe that the review of the USMCA will be a process, not an event,” he concluded.

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El cargo Banamex anticipates annual reviews of the USMCA until 2028 apareció primero en T21.

For an economy facing uncertainty due to the review of the United States-Mexico-Canada Agreement (USMCA) , the manufacturing sector is emerging as one of the main drivers to sustain the country’s growth this year, according to experts.

During a discussion organized by Mundi (a fintech company specializing in financing and working capital solutions for exporting and importing companies in Mexico), representatives from the manufacturing , financial, and export industries agreed that manufacturing will continue to play a key role in the Mexican economy, particularly due to its contribution to exports and productive integration with North America.

Paulina Anciola, deputy director of Economic Studies at Banamex , pointed out that exports were the main factor that prevented a deeper economic downturn last year and considered that manufacturing will continue to be a relevant element for the country’s economic performance.

“The manufacturing sector will be key to growth, especially considering that exports are what’s saving us from GDP declines,” he said.

The specialist explained that, despite the contraction observed in some indicators during the first quarter of 2026, Banamex maintains an economic growth expectation of 1.3% for this year, supported by a gradual recovery of productive and export activity.

From the perspective of the automotive industry, Alberto Bustamante, president of the National Agency of Suppliers of the Automotive Sector (ANAPSA) , highlighted that the automotive sector represents the second most important pillar of the Mexican economy, contributing about 5% of the national Gross Domestic Product (GDP) and 24% of the manufacturing GDP.

He added that strengthening regional supply chains and increasing domestic content will be key factors in maintaining Mexico’s competitiveness against other markets.

For his part, Israel Morales, national director of the Mexico-United States Relations and International Affairs Committee of the National Council of the Export Manufacturing Industry (Index) , described export manufacturing as a success story that has demonstrated the ability to adapt to economic crises, changes in global supply chains and periods of trade uncertainty.

He considered that regional integration will continue to be one of Mexico’s main assets , although he warned that it will be necessary to strengthen productivity, talent development and the participation of the private sector in the construction of industrial policies.

Similarly, Flor González, general director of the National Association of Paint and Ink Manufacturers (ANAFAPYT) , maintained that the country’s economic future will depend on strengthening national manufacturing , technological innovation, and the training of specialized talent.

“The future of the Mexican economy will not be built solely with more trade; it will be built with manufacturing and Mexican talent,” he said.

Participants agreed that manufacturing growth will require greater coordination between government and private sector to improve infrastructure, facilitate investment, strengthen domestic supply chains, and enhance the competitiveness of production chains established in Mexico.

The importance of manufacturing is also reflected in employment. According to ANAPSA, the automotive sector generates more than 1.2 million direct jobs and nearly five million indirect jobs , in addition to impacting 252 economic sectors related to the country’s productive activity.

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El cargo Mexico’s economic challenge: growing amid uncertainty apareció primero en T21.

With the participation of more than 250 leaders, businesswomen, executives and representatives from the public and private sectors, the Mexican Business Council for Foreign Trade, Investment and Technology (Comce) held the Women Exporters Forum , a space designed to promote networking , dialogue and collaboration around greater participation of Mexican women in international markets.

The meeting brought together voices from the government, business organizations and representatives of the export ecosystem to discuss one of the pending challenges of foreign trade: closing the gaps that limit the access and growth of women-led businesses .

The event was attended by Alicia Bárcena, Secretary of Environment and Natural Resources; José Medina Mora, President of the Business Coordinating Council (CCE) ; Altagracia Gómez Sierra, Coordinator of the Advisory Council for Regional Economic Development and Relocation (CADERR); Sergio Contreras Pérez, Executive President of Comce; Leonardo Poblete Galván, Head of the Institutional Promotion Unit of the National Bank of Foreign Trade (Bancomext) ; and Susana Duque Roquero, General Director of Comce.

In his welcoming message, Sergio Contreras Pérez emphasized that the country’s export growth cannot be understood without greater incorporation of female leadership.

“Mexico will not be able to reach its full export potential without fully incorporating the leadership, capacity, and vision of women in foreign trade. Our country can become the eighth largest exporting power, but to achieve this goal, women must not be spectators: they must be protagonists,” she asserted.

For her part, Alicia Bárcena linked sustainable development with women’s economic participation and highlighted that foreign trade also represents a way to project identity and values ​​to the world.

“Exporting is about projecting our identity; it’s about telling the world who we are, what we produce, and what values ​​underpin our economy,” he said.

From the business sector, José Medina Mora acknowledged progress in terms of gender parity, although he warned that significant challenges remain at the management levels.

“Although gender parity exists at entry levels, women are underrepresented in management, director, and general management positions. The key to achieving parity is to recognize talent and create opportunities equitably,” she noted.

One of the key findings of the discussion was the disparity between the participation of women-led and men-led businesses in international trade. According to the forum, in Latin America, less than a quarter of businesses are headed by women, and this gap is also reflected in export activity.

While 10% of women-led businesses export, the proportion reaches 14% for those led by men . This difference is partly due to structural factors: women-led businesses tend to be smaller, younger, and concentrated in the service sector, while men-led businesses tend to be larger and more focused on international trade in goods.

The forum also addressed the particular context of Mexico, where female representation in business leadership continues to be lower compared to other markets in the region.

With this meeting, Comce reaffirmed its commitment to opening spaces for dialogue, collaboration, and capacity building that will allow for greater participation of women in foreign trade and accelerate their access to new internationalization opportunities.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Comce places female leadership at the center of foreign trade apareció primero en T21.

With the participation of more than 250 leaders, businesswomen, executives and representatives from the public and private sectors, the Mexican Business Council for Foreign Trade, Investment and Technology (Comce) held the Women Exporters Forum , a space designed to promote networking , dialogue and collaboration around greater participation of Mexican women in international markets.

The meeting brought together voices from the government, business organizations and representatives of the export ecosystem to discuss one of the pending challenges of foreign trade: closing the gaps that limit the access and growth of women-led businesses .

The event was attended by Alicia Bárcena, Secretary of Environment and Natural Resources; José Medina Mora, President of the Business Coordinating Council (CCE) ; Altagracia Gómez Sierra, Coordinator of the Advisory Council for Regional Economic Development and Relocation (CADERR); Sergio Contreras Pérez, Executive President of Comce; Leonardo Poblete Galván, Head of the Institutional Promotion Unit of the National Bank of Foreign Trade (Bancomext) ; and Susana Duque Roquero, General Director of Comce.

In his welcoming message, Sergio Contreras Pérez emphasized that the country’s export growth cannot be understood without greater incorporation of female leadership.

“Mexico will not be able to reach its full export potential without fully incorporating the leadership, capacity, and vision of women in foreign trade. Our country can become the eighth largest exporting power, but to achieve this goal, women must not be spectators: they must be protagonists,” she asserted.

For her part, Alicia Bárcena linked sustainable development with women’s economic participation and highlighted that foreign trade also represents a way to project identity and values ​​to the world.

“Exporting is about projecting our identity; it’s about telling the world who we are, what we produce, and what values ​​underpin our economy,” he said.

From the business sector, José Medina Mora acknowledged progress in terms of gender parity, although he warned that significant challenges remain at the management levels.

“Although gender parity exists at entry levels, women are underrepresented in management, director, and general management positions. The key to achieving parity is to recognize talent and create opportunities equitably,” she noted.

One of the key findings of the discussion was the disparity between the participation of women-led and men-led businesses in international trade. According to the forum, in Latin America, less than a quarter of businesses are headed by women, and this gap is also reflected in export activity.

While 10% of women-led businesses export, the proportion reaches 14% for those led by men . This difference is partly due to structural factors: women-led businesses tend to be smaller, younger, and concentrated in the service sector, while men-led businesses tend to be larger and more focused on international trade in goods.

The forum also addressed the particular context of Mexico, where female representation in business leadership continues to be lower compared to other markets in the region.

With this meeting, Comce reaffirmed its commitment to opening spaces for dialogue, collaboration, and capacity building that will allow for greater participation of women in foreign trade and accelerate their access to new internationalization opportunities.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Comce places female leadership at the center of foreign trade apareció primero en T21.

Sales of Mexican products abroad during March 2026 were in positive territory, totaling 70 billion 727 million dollars (USD), a growth of 27.7% compared to the same month of 2025 , according to the Mexican Merchandise Trade Balance (BCMM), prepared by the  National Institute of Statistics and Geography (Inegi) .

According to the agency’s timely foreign trade information, a total trade surplus of 5.932 billion dollars was recorded, which contrasts with the deficit of 463 million dollars reported last February .

“The increase in the balance, between February and March, originated from an expansion in the balance of non-oil products and an increase in the deficit of the balance of oil products,” Inegi noted in the report.

According to the figures, Mexican exports have seen 10 consecutive months of annual increases .

The increase in exports during the period was due to a 29.6% rise in non-oil exports and a 20.4% drop in oil exports. Within non-oil exports, those destined for the United States increased by 28.2% year-on-year, while those destined for the rest of the world rose by 36.9%.

Exports of manufactured goods totaled  $64.722 billion , representing a 29.5% increase compared to March 2025.

On an annual basis, the largest increases were recorded in exports of mining and metallurgy products with 61.8%, electrical and electronic equipment and appliances with 17.8%, food, beverages and tobacco with 14.4%, and automotive products with 2 percent.

In turn, the annual increase in automotive product exports resulted from a 3.4% decrease in sales channeled to the United States and a 39.2% increase in those directed to other markets.

In the reference month, oil exports totaled 1.707 billion dollars , which consisted of 1.290 billion dollars of crude oil sales and 417 million dollars of exports of other petroleum products.

Agricultural and fishing exports reached 2.219 billion dollars, an amount that implied an annual increase of 0.7 percent.

The value structure of merchandise exports in the first three months of 2026 was manufactured goods with 91.1%, agricultural goods with 3.3%, non-oil extractive products with 3.1%; and oil products with 2.5 percent.

Imports

In March 2026, the value of merchandise imports was $64.795 billion , representing an annual increase of 24.3 percent.

The National Institute of Statistics and Geography (INEGI) explained that consumer goods imports totaled $8.421 billion, a 19.3 percent year-on-year increase. Meanwhile, imports of intermediate goods reached $51.404 billion, 27.2 percent higher than in March 2015.

Imports of capital goods reached 4.97 billion dollars, which implied an annual increase of 7 percent.

In the period January-March 2026, the accumulated value of total imports was 176 billion 598 million dollars, an amount 18.4% higher than that observed in the same period last year.

In the first quarter of 2026, the structure of the value of imports was intermediate goods with 79.7%, consumer goods with 12.7%, and capital goods with 7.6 percent.

The results published this Monday show a dynamism in Mexican foreign trade that has not slowed down, and on the contrary, continues to grow hand in hand with the manufacturing sector, which has shown resilience in the face of the uncertainty caused by the tariffs promoted by the United States.

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El cargo Mexican foreign trade is in positive territory; exports grow in March apareció primero en T21.

According to figures from the  US Census Bureau , Mexico reaffirmed its position as the main trading partner of the United States in February 2026 , once again ranking as the top supplier of goods to the United States and the main importer of US products, while Canada and China showed declines.

According to an analysis by  T21 Business Intelligence ,  the exchange of goods between Mexico and its northern neighbor was $73,217.2 million during the second month of 2026 , an increase of 7.1% compared to February 2025.

In contrast, Canada fell 8.9% , totaling $57,543.6 million in February 2026; while  China dropped 36.1% compared to the same month last year , with a total traded value of $26,902.2 million.

In the accumulated January-February 2026, Mexico also led the trade exchange with the United States, with a total of 147,322.1 million dollars ; Canada reached 110,335.4 million dollars and China 56,289.2 million dollars in the first two months.

Regarding exports to the United States in the second month of 2026, Mexico maintained a solid performance, sending goods to the United States for 44,310.7 million dollars , which meant an increase of 6.4% annually.

Meanwhile, Canada exported $29,172.3 million, 16.5% less than in February 2025. China totaled $18,955.6 million in merchandise shipments to the United States last February, a figure that represented a decline of 40.1% compared to the same month in 2025.

In terms of imports, Mexico also solidified its position as the leading buyer of U.S. products, with $28.9065 billion in February 2026 , representing an 8 percent year-over-year increase. Canada saw a slight increase of 0.4%, totaling $28.3713 billion during the same period. China imported a total of $7.9466 billion, 24% less than in February 2025.

The  trade balance  in February 2026 showed a surplus for Mexico (15,404.2 million dollars) , China (11,009.1 million dollars) and Canada (801 million dollars).

Last February, the positive trend in trade between Mexico and the United States continued, as shown in January 2016, when the value of the exchange of goods was 74,105 million dollars.

The results for the second month of 2026 also reflect Mexico’s leading position in trade with the United States , despite constant pressure from its northern neighbor through protectionist measures. Meanwhile, Canada faces obstacles and China is losing ground in the North American market.

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El cargo Mexico maintains its trade advantage over the US in February apareció primero en T21.