Exports from Mexico declined 1.2 percent year-on-year to USD 38961 million in March 2019. Non-oil exports went down 1.2 percent, mainly due to lower sales of manufacturing (-0.9 percent), namely machinery and equipment for agriculture & livestock (-28.1 percent), steel products (-9.1 percent), and electrical & electronic equipment (-6.4 percent), plastic & rubber (-3.8 percent). Also, sales decreased for agricultural products (-5.6 percent), of which onion & garlic (-51 percent), sea products (-48.6 percent), and fresh fruit (21.3 percent); and mining (-4.6 percent). Additionally, oil exports fell 2.0 percent. The country exported 1.150 million barrels of crude oil per day, lower than 1.176 million barrels a year earlier while the price was USD 58.91 per barrel, $3.46 above the price in March 2018. Non-oil exports to the US rose 1.0 percent, led by auto sales (6.1 percent). Sales to the rest of the world decreased 10.1 percent. Exports in Mexico averaged 14136.47 USD Million from 1980 until 2019, reaching an all time high of 41352.22 USD Million in October of 2018 and a record low of 1225.59 USD Million in February of 1980.

Exports in Mexico is expected to be 37500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Mexico to stand at 35800.00 in 12 months time. In the long-term, the Mexico Exports is projected to trend around 40000.00 USD Million in 2020, according to our econometric models.

Mexico Exports
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade 1429.00 1222.00 1836.32 -4810.00 USD Million [+]
Current Account -3424.00 -5703.10 2173.70 -10661.90 USD Million [+]
Current Account to GDP -1.60 -2.10 3.40 -6.10 percent [+]
Imports 37531.22 35074.09 44288.19 647.02 USD Million [+]
Exports 38960.72 36295.71 41352.22 1225.59 USD Million [+]
External Debt 446097.80 451594.30 453548.00 0.70 USD Million [+]
Terms of Trade 48.00 47.26 106.34 43.37 Index Points [+]
Foreign Direct Investment 5029.80 4135.00 21154.60 -63.90 USD Million [+]
Remittances 7699.06 8776.40 9057.60 158.70 USD Million [+]
Tourism Revenues 2522955.40 2218667.72 2522955.40 158919.00 USD Thousand [+]
Tourist Arrivals 2359.79 1956.64 2683.20 56.59 Thousand [+]
Gold Reserves 119.90 120.00 125.35 2.55 Tonnes [+]
Crude Oil Production 1647.00 1733.00 3547.00 1647.00 BBL/D/1K [+]
Terrorism Index 3.53 3.29 4.51 1.35 [+]
Capital Flows -12.40 -17.50 12079.70 -3457.70 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Mexico Exports

Mexico has an export oriented economy. Mexico's main exports are manufactured products (89 percent of total shipments) and oil and oil products (6 percent). Among manufactured products, metallic, machinery and equipment is the major category (69 percent) and automobiles account for around 31 percent of total sales. Other important categories include: electrical and electronic appliances (18 percent) and special equipment for industries (13 percent). Agricultural goods and mining products account for 4 percent and 1 percent, respectively. Mexico's leading export partner is the United States (80 percent), followed by Canada (3 percent), Germany and China (2 percent each). Main exports to US include: other parts and accessories of vehicles (14 percent of total sales); trucks, buses and special purpose vehicles (10 percent); passenger cars (10 percent); computers (6 percent); telecommunication equipment (5 percent). This page provides the latest reported value for - Mexico Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Exports - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
38960.72 36295.71 41352.22 1225.59 1980 - 2019 USD Million Monthly




Related

Latest