Mexico Crude Oil Production - Forecast

Crude Oil Production in Mexico is expected to be 2120.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Mexico to stand at 1939.68 in 12 months time. In the long-term, the Mexico Crude Oil Production is projected to trend around 2100.03 BBL/D/1K in 2020, according to our econometric models.


Mexico Crude Oil Production
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Mexico Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 1918 6200 8300 8900 8500 12500
Exports 39650 44000 47000 46000 46500 50000
Imports 37732 37800 38700 37700 38000 37500
Current Account -3207 -1200 900 1200 800 -1200
Current Account to GDP -1.6 -3 -3 -3 -2.9 -2.8
External Debt 437367 445000 440000 437000 442000 445500
Terms of Trade 48.33 48.46 48.46 48.9 49.12 50
Foreign Direct Investment 5904 6500 6700 7000 7400 7700
Remittances 7506 7229 7287 7337 7293 7218
Tourism Revenues 2362557 1876276 1683016 2120000 1735760 2300000
Tourist Arrivals 2376 2300 1500 3020 1700 3360
Gold Reserves 120 120 120 120 120 120
Crude Oil Production 1950 2120 1923 2070 1940 2100
Terrorism Index 3.29 4 4 4 2.53 4.1
Capital Flows 205 -20 20 40 50 -30