An increase of 0.6% recorded the GDP of Mexico In the first quarter of the year, despite the uncertainty caused by US President Donald Trump’s duties to imported products.
According to official data released today (30.4.2025), Mexico’s GDP increased by 0.6%compared to the first quarter of 2024, thanks mainly to agriculture and livestock (+6%) and services (+1.3%) and despite the decline in the industrial sector due to exports to exports to exports to exports (-1.4%). (Inegi).
Mexico’s GDP, the second economy of Latin America after Brazil, increased by 0.2% compared to the last quarter of 2024, in which economic activity fell, for the first time in three years. The country therefore avoided recession.
Mexico seems to be getting better than its main commercial partner, the US, where economic activity fell 0.3% in the first quarter of the year.
The International Monetary Fund had provided the Mexican economy’s retreat of 0.3% for the total of 2025. Left President Claudia Seidbaum disputes this provision, arguing the plan by its government to offset its uncertainty.
Since the beginning of the year, Seinbaum has announced a lot of dollars from large multinational companies (Netflix, Wallmart, Santander Bank, the Argentinean Mercado Libre online trade giant)
Mexico depends on more than 80% of the US for its exports. Trump did not impose “mutual duties” on imported Mexican products covered by the free trade agreement between the two countries (and Canada), but duties in the automotive industry and steel affect Mexican exports. Dozens of automakers have factories in Mexico.