Exports from Mexico rose 2.2 percent year-on-year to USD 40430 million in August 2019, as non-oil exports increased 4.6 percent driven by higher sales of manufacturing (3.7 percent), namely automotive products (9.7 percent), mining metallurgy (7.2 percent), food, alcoholic & beverages (5.5 percent), professional & scientific equipment (3.2 percent), and machinery & equipment for industries (2.9 percent). In addition, sales went up for agricultural products (35.6 percent), boosted by vegetables (160.5 percent), avocado (66 percent) and onion & garlic (33.6 percent); and mining (1.4 percent). Oil exports declined 29.1 percent. The country exported 1.082 million barrels of crude oil per day, lower than 1.181 million barrels a year earlier while the price was USD 50.37 per barrel, $13.79 below the price in August 2018. Non-oil exports to the US advanced 4.1 percent, as both auto sales (8.4 percent) and others (1.8 percent) increased. Sales to the rest of the world rose 6.8 percent. Exports in Mexico averaged 14352.19 USD Million from 1980 until 2019, reaching an all time high of 41825.44 USD Million in May of 2019 and a record low of 1225.59 USD Million in February of 1980.

Exports in Mexico is expected to be 37200.00 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 38000.00 in 12 months time. In the long-term, the Mexico Exports is projected to trend around 41000.00 USD Million in 2020, according to our econometric models.

Mexico Exports
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Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade 775.00 -1117.00 2561.00 -4642.52 USD Million [+]
Current Account 5142.70 -8508.20 5142.70 -11408.50 USD Million [+]
Current Account to GDP -1.80 -1.70 3.40 -6.10 percent [+]
Imports 39655.11 40417.30 44290.89 647.02 USD Million [+]
Exports 40430.13 39300.50 41825.44 1225.59 USD Million [+]
External Debt 457279.90 456251.30 457279.90 0.70 USD Million [+]
Terms of Trade 49.11 48.75 106.34 43.37 Index Points [+]
Foreign Direct Investment 5703.40 12399.10 21008.90 -63.90 USD Million [+]
Remittances 9402.60 7851.96 9402.60 158.70 USD Million [+]
Tourism Revenues 1940183.37 2167570.09 2522955.40 158919.00 USD Thousand [+]
Tourist Arrivals 1751.36 2196.94 2683.20 56.59 Thousand [+]
Gold Reserves 120.03 120.10 125.30 2.50 Tonnes [+]
Crude Oil Production 1689.00 1681.00 3547.00 1647.00 BBL/D/1K [+]
Terrorism Index 3.53 3.29 4.51 1.35 [+]
Capital Flows -2.20 -34.60 12079.70 -3457.70 USD Million [+]
Auto Exports 284.24 281.81 323.63 9.50 Thousand Units [+]

Mexico Exports by Country Last Previous
United States 31755575.00 30538466.00 USD THO Jul/19
Canada 1060767.00 1255172.00 USD THO Jul/19
South Korea 675561.00 420693.00 USD THO Jul/19
China 532297.00 493282.00 USD THO Jul/19
Germany 461203.00 668699.00 USD THO Jul/19
Brazil 404405.00 342248.00 USD THO Jul/19
Spain 385139.00 441721.00 USD THO Jul/19
Japan 382682.00 362930.00 USD THO Jul/19
Colombia 325536.00 251022.00 USD THO Jul/19
United Kingdom 253089.00 207992.00 USD THO Jul/19
India 184252.00 232733.00 USD THO Jul/19
Guatemala 179742.00 152946.00 USD THO Jul/19
Italy 166518.00 135557.00 USD THO Jul/19
France 144415.00 122233.00 USD THO Jul/19
Chile 130752.00 126701.00 USD THO Jul/19
Peru 127109.00 112327.00 USD THO Jul/19
Belgium 123514.00 128297.00 USD THO Jul/19
Panama 110229.00 96638.00 USD THO Jul/19
Australia 109938.00 74985.00 USD THO Jul/19
Hong Kong 100019.00 96893.00 USD THO Jul/19
Mexico Exports by Category Last Previous
Nuclear Reactors, Boilers, Mach. & Equ 6905451.00 6726885.00 USD THO Jul/19
Electrical Machinery & Equipment & Par 6635182.00 6413786.00 USD THO Jul/19
Automatic Data Processing Machines & U 2966858.00 2643443.00 USD THO Jul/19
Tractors & Public-transport Veh. Parts 2500153.00 2404098.00 USD THO Jul/19
Motor Vehicles For The Transport of Go 2448392.00 2340333.00 USD THO Jul/19
Mineral Fuels, Mineral Oils & Products 2164921.00 1932139.00 USD THO Jul/19
Crude Petroleum Oil 1959990.00 1741233.00 USD THO Jul/19
Optical, Measuring, Checking Instrumen 1731457.00 1597909.00 USD THO Jul/19
Electrical Apparatus For Line Telephony 1141250.00 1078829.00 USD THO Jul/19
Road Tractors For Semi-trailers 1087260.00 934401.00 USD THO Jul/19
Television Receivers, Incl Video Monit 867154.00 1023787.00 USD THO Jul/19
Household Furniture 821666.00 888728.00 USD THO Jul/19
Plastics & Articles Thereof 798026.00 759110.00 USD THO Jul/19
Instruments & Appliances Used In Medic 757869.00 667259.00 USD THO Jul/19
Beverages, Spirits & Vinegar 718445.00 724967.00 USD THO Jul/19
Edible Fruit & Nuts, Peel of Citrus Fr 620015.00 658085.00 USD THO Jul/19
Natural Or Cultured Pearls 603053.00 567847.00 USD THO Jul/19
Articles of Iron Or Steel 599425.00 586027.00 USD THO Jul/19
Not Classified Products 527638.00 507338.00 USD THO Jul/19
Edible Vegetables & Certain Roots & Tu 521991.00 468527.00 USD THO Jul/19

United Nations Comtrade Database
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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
40430.13 39300.50 41825.44 1225.59 1980 - 2019 USD Million Monthly




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