Exports from Mexico rose 3.7 percent over a year earlier to USD 38.55 billion in September 2020 due to higher sales of non-oil products (5.1 percent), while those of oil dropped (-22.1 percent). The country exported 1.023 million barrels of crude oil per day, higher than 0.095 million barrels a year earlier, while the price was USD 38.06 per barrel, $17.04 below the price in September 2019. Non-oil exports to the US went up 5.8 percent, in particular other goods (9 percent) and automotive (0.2 percent). source: Instituto Nacional de Estadística y Geografía (INEGI)

Exports in Mexico averaged 14891.69 USD Million from 1980 until 2020, reaching an all time high of 41752.19 USD Million in May of 2019 and a record low of 1225.59 USD Million in February of 1980. 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 - values, historical data and charts - was last updated on October of 2020.

Exports in Mexico is expected to be 36000.00 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 38000.00 USD Million in 2021 and 41000.00 USD Million in 2022, according to our econometric models.

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Mexico Exports

Actual Previous Highest Lowest Dates Unit Frequency
38547.00 36979.02 41752.19 1225.59 1980 - 2020 USD Million Monthly

Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade 4384.72 6115.74 6115.74 -4625.28 USD Million [+]
Current Account 4.80 -2296.70 4384.80 -11706.80 USD Million [+]
Current Account to GDP -0.20 -1.90 3.40 -6.10 percent [+]
Imports 34163.00 30863.29 44290.89 647.02 USD Million [+]
Exports 38547.00 36979.02 41752.19 1225.59 USD Million [+]
External Debt 446898.10 441290.80 463847.50 0.70 USD Million [+]
Terms of Trade 46.64 45.66 106.34 42.38 points [+]
Foreign Direct Investment 6595.80 11373.50 21009.30 -63.90 USD Million [+]
Remittances 9891.95 9397.71 9891.95 158.70 USD Million [+]
Tourism Revenues 490353.83 231470.92 2522955.40 131281.53 USD Thousand [+]
Tourist Arrivals 535.64 530.96 2715.18 56.59 Thousand [+]
Gold Reserves 120.00 120.10 125.30 2.50 Tonnes [+]
Crude Oil Production 1674.00 1686.00 3547.00 1647.00 BBL/D/1K [+]
Non Oil Exports 35282.64 34258.48 39182.37 313.90 USD Million [+]
Oil Exports 1696.38 1403.87 5931.86 403.90 USD Million [+]
Terrorism Index 4.08 3.53 4.51 1.35 [+]
Capital Flows -5.50 -9.50 12079.70 -3457.70 USD Million [+]
Auto Exports 247.13 257.61 323.63 9.50 Thousand Units [+]


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).
Mexico Exports by Country Last Previous
United States 29936365.00 29048846.00 USD THO Aug/20
Canada 1104300.00 915936.00 USD THO Aug/20
Germany 774343.00 679036.00 USD THO Aug/20
China 746004.00 724610.00 USD THO Aug/20
South Korea 373495.00 347653.00 USD THO Jul/20
Spain 337066.00 259368.00 USD THO Aug/20
Japan 327564.00 247497.00 USD THO Aug/20
Brazil 243382.00 182034.00 USD THO Aug/20
Colombia 222032.00 193131.00 USD THO Aug/20
United Kingdom 192761.00 216835.00 USD THO Aug/20
Guatemala 146807.00 157317.00 USD THO Aug/20
Australia 127418.00 75013.00 USD THO Aug/20
India 126847.00 188944.00 USD THO Aug/20
France 123897.00 137937.00 USD THO Aug/20
Switzerland 118157.00 74159.00 USD THO Aug/20
Chile 96299.00 98877.00 USD THO Aug/20
Peru 94637.00 92990.00 USD THO Aug/20
Panama 82240.00 86237.00 USD THO Aug/20
El Salvador 82061.00 86050.00 USD THO Aug/20
Hong Kong 81315.00 103258.00 USD THO Aug/20
Mexico Exports by Category Last Previous
Crude Petroleum Oil 1458582.00 1185898.00 USD THO Aug/20
Electrical Apparatus For Line Telephony 956843.00 1087912.00 USD THO Aug/20
Household Furniture 829653.00 772776.00 USD THO Aug/20
Plastics & Articles Thereof 787835.00 780856.00 USD THO Aug/20
Natural Or Cultured Pearls 774961.00 654150.00 USD THO Aug/20
Beverages, Spirits & Vinegar 751098.00 703395.00 USD THO Aug/20
Ores, Slag & Ash 681985.00 533443.00 USD THO Aug/20
Road Tractors For Semi-trailers 599217.00 620424.00 USD THO Aug/20
Not Classified Products 565667.00 570548.00 USD THO Aug/20
Articles of Iron Or Steel 505346.00 490659.00 USD THO Aug/20
Beer Made from Malt 448666.00 406633.00 USD THO Aug/20
Gold, Unwrought Or In Powder Form 442437.00 436317.00 USD THO Aug/20
Spark-ignition Piston Engines 405346.00 341359.00 USD THO Aug/20
Parts of Seats 396864.00 381033.00 USD THO Aug/20
Parts For Spark-ignition Piston Engines 328864.00 314734.00 USD THO Aug/20
Copper Ores & Concentrates 299984.00 275588.00 USD THO Aug/20
Rubber & Articles Thereof 294842.00 255746.00 USD THO Aug/20
Electric Motors & Generators 294692.00 269535.00 USD THO Aug/20
Centrifuges, Incl Centrifugal Dryers 291304.00 270728.00 USD THO Aug/20
Silver, Unwrought Or In Powder Form 273989.00 170554.00 USD THO Aug/20

United Nations Comtrade Database
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