Mexico’s auto exports contracted 16.5 percent over a year earlier to 240.3 thousand units in November of 2021, the worst November month since 2015, largely due to the ongoing global shortage of semiconductors. Among major exporting brands, shipments fell significantly for General Motors (-28.7 percent to 49.0 thousand), Chrysler (-6.8 percent to 47.8 thousand), Nissan (-24.4 percent to 33.2 thousand),Volkswagen (-11.5 percent to 24.5 thousand), and KIA (-11.3 percent to 15.0 thousand). On the other hand, overall losses were limited by higher shipments by Toyota (25.8 percent to 22.8 thousand) and Ford (140.9 percent to 16.5 thousand). source: Instituto Nacional de Estadística y Geografía (INEGI)
Auto Exports in Mexico averaged 130.20 Thousand Units from 1988 until 2021, 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 December of 2021.
Auto Exports in Mexico is expected to be 220.00 Thousand Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Auto Exports is projected to trend around 260.00 Thousand Units in 2022 and 320.00 Thousand Units in 2023, according to our econometric models.