Remittances, the money immigrants send back to family and friends in their country of origin, grew to Mexico for two months in a row — potentially signaling a rebound after they fell in 2025.
In April, remittances to Mexico rose to nearly $5 billion, up 3.7% compared to a year earlier and marking a second consecutive month of increases, according to data from Mexico’s central bank.
The growth in April and March follows a significant decline last year, when the dollar value of remittances to Mexico dropped around 4% compared to 2024. Experts have suggested that decline could have been linked to heightened immigration enforcement during the first year of President Donald Trump’s second term.
In an analysis of last year’s remittance flows from the United States to Mexico, the Inter-American Dialogue think tank said “the fall primarily rests on the decline in the number of Mexican senders” — as irregular border crossings reached record lows and deportations of longtime residents increased.
That drop in the number of people sending remittances in the United States spurred a $3 billion loss, according to the Inter-American Dialogue.
Sonora, the Mexican state south of Arizona, appears to be bucking the trend of remittance increases. The data showed remittances to Sonora fell in the first three months of 2026 compared to the same period in 2025, while remittances in other states rose.
Remittances make up an important part of Mexico’s economy and total tens of billions of dollars annually. According to the bank BBVA, last year’s decline represented an end to 11 consecutive years of remittance growth in Mexico.
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