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According to data from Mexico’s central bank, bilateral trade between Mexico and China reached record levels in the first half of 2025. Imports from China totaled US$62.1 billion, while exports approached US$4.6 billion. Although the trade structure remains asymmetric, the continued expansion highlights the high degree of complementarity between the two economies within global value chains.
统计显示，今年1至6月墨西哥自华进口同比增长2.3%，对华出口则同比小幅下降4.5%，反映出墨西哥制造业对中国中间品需求的增长。由于大量进口商品被用于加工和再出口，这种贸易模式在过去二十余年间不断强化了墨西哥在全球供应链中的关键地位。
From January to June, imports from China rose 2.3% year-on-year, while exports to China declined slightly by 4.5%, reflecting Mexico’s growing demand for Chinese intermediate goods. As most of these imports are used in processing and re-exports, the pattern has reinforced Mexico’s role as a vital hub in international supply chains for more than two decades.
自2000年以来，中墨贸易额增长超过20倍，2023年突破1100亿美元，中国稳居墨西哥第二大贸易伙伴。相关研究机构指出，这一趋势既表明两国经济紧密相连，也为墨西哥推动产业多元化和价值链升级提供了重要机遇。
Since 2000, bilateral trade has grown more than twentyfold, surpassing US$110 billion in 2023. China has consolidated its position as Mexico’s second-largest trading partner. Research institutions note that this trend underscores the strong economic ties between the two countries while offering Mexico important opportunities to diversify industries and move up the value chain.
在政策层面，墨西哥政府近期宣布将进一步提升出口能力并推动进口替代，以促进国内产业发展。例如，本月对部分鞋类产品实施关税调整，旨在平衡本土制造业与国际市场竞争。同时，墨西哥积极吸引投资和创新合作，力图将制造优势转化为更强的技术与创新能力。
On the policy front, the Mexican government has announced measures to strengthen export capacity and promote import substitution in order to foster domestic industry development. For example, tariffs on certain footwear imports were adjusted this month to balance local manufacturing needs with international competition. At the same time, Mexico is actively attracting investment and innovation cooperation, aiming to transform its manufacturing strength into greater technological and innovation capacity.
业内分析人士认为，随着全球供应链格局调整，中墨双方不仅在传统制造和贸易领域具备合作空间，在创新、技术和可持续发展方面也有广阔潜力。对于两国而言，持续扩大经贸往来并加强产业对接，将为双边关系注入新的增长动力。
Analysts believe that as global supply chains undergo realignment, Mexico and China not only have room to expand cooperation in traditional manufacturing and trade but also hold significant potential in innovation, technology, and sustainable development. For both countries, expanding bilateral trade and deepening industrial linkages will inject new momentum into their partnership.
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MEXCHAM continues building bridges between Mexico and China.
中国墨西哥商会将继续作为墨西哥与中国之间的桥梁，不断努力。
Cámara de Comercio de México en China
(MEXCHAM)中国墨西哥商会