Mexico's auto exports declined 13.1 percent over a year earlier to 247,126 units in September 2020, after dropping 8.6 percent in the previous month, amid the COVID-19 pandemic. Among major exporters, shipments fell from General Motors (-2.6 percent to 67.8 thousand), Ford Motor (-99.1 percent to 0.2 thousand), Nissan (-3.3 percent to 34.1 thousand), Volkswagen (-41.9 percent to 24.2 thousand), KIA (-18.1 percent to 14.9 thousand), Audi (-3.4 percent to 14.8 thousand), and Honda (-34.2 percent to 9.7 thousand). Meanwhile, shipments increased from FCA Mexico (3.1 percent to 45.1 thousand), Toyota (2.9 percent to 19 thousand), Mazda (304.4 percent to 11 thousand) and BMW Group (122.6 percent to 6.4 thousand).
Auto Exports in Mexico averaged 126.26 Thousand Units from 1988 until 2020, reaching an all time high of 323.63 Thousand Units in March of 2019 and a record low of 9.50 Thousand Units in September of 1989. This page provides - Mexico Auto Exports- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Auto Exports - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)
Auto Exports in Mexico is expected to be 275.00 Thousand Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Auto Exports in Mexico to stand at 320.00 in 12 months time. In the long-term, the Mexico Auto Exports is projected to trend around 310.00 Thousand Units in 2021 and 320.00 Thousand Units in 2022, according to our econometric models.