Mexico's auto exports tumbled 90.2 percent over a year earlier to 27.9 thousand units in April 2020, as the coronavirus outbreak forced many businesses to close and people to stay at home. Among major exporters, shipments dropped from General Motors (-92.3 percent), FCA Mexico (-81.4 percent), Nissan (-99.7 percent), Ford Motor (-98.4 percent), KIA (-66.5 percent), Audi (-97.7 percent), Honda (-97.8 percent), Toyota (-100.0 percent), Mazda (-97.7 percent) and Volkswagen (-89.1 percent). On the other hand, exports from BMW Group jumped 1232.3 percent to 1.7 thousand from near zero last year.
Auto Exports in Mexico averaged 125.38 Thousand Units from 1988 until 2020, 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 June of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)
Auto Exports in Mexico is expected to be 310.00 Thousand Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Auto Exports in Mexico to stand at 330.00 in 12 months time. In the long-term, the Mexico Auto Exports is projected to trend around 310.00 Thousand Units in 2021, according to our econometric models.