Exports from Mexico increased 2.3 percent year-on-year to USD 38,320 million in November of 2020, due to a 3.3 percent gain in non-oil sales, mainly to the US (3.2 percent) while oil sales sank 17.1 percent. Also, shipments of manufacturing increased 2.7 percent, namely mining metallurgy (24 percent), food, beverages and tobacco (18.8 percent), plastic products and rubber (11.4 percent) and equipment and electrical and electronic devices (3.6 percent). source: Instituto Nacional de Estadística y Geografía (INEGI)

Exports in Mexico averaged 15042.68 USD Million from 1980 until 2020, reaching an all time high of 41944.72 USD Million in October of 2020 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 January of 2021.

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 37600.00 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
38320.17 41944.72 41944.72 1225.59 1980 - 2020 USD Million Monthly

Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade 3032.50 6223.77 6223.77 -4625.28 USD Million [+]
Current Account 17497.70 -116.20 17497.70 -11694.60 USD Million [+]
Current Account to GDP -0.20 -1.90 3.40 -6.10 percent [+]
Imports 35287.67 35720.95 44290.89 647.02 USD Million [+]
Exports 38320.17 41944.72 41944.72 1225.59 USD Million [+]
External Debt 451349.70 446898.10 463847.50 0.70 USD Million [+]
Terms of Trade 47.77 46.83 106.34 42.38 points [+]
Foreign Direct Investment 2436.70 7092.60 21009.30 -63.90 USD Million [+]
Remittances 10674.57 9891.95 10674.57 158.70 USD Million [+]
Tourism Revenues 611571.87 509178.78 2522955.40 131281.53 USD Thousand [+]
Tourist Arrivals 984.90 828.02 2715.18 56.59 Thousand [+]
Gold Reserves 119.94 120.00 125.30 2.50 Tonnes [+]
Crude Oil Production 1699.00 1690.00 3547.00 1647.00 BBL/D/1K [+]
Non Oil Exports 36790.94 40660.33 40660.33 313.90 USD Million [+]
Oil Exports 1529.22 1284.39 5931.86 403.90 USD Million [+]
Terrorism Index 4.32 4.08 4.51 1.35 [+]
Capital Flows -7.10 -5.00 12079.70 -3457.70 USD Million [+]
Auto Exports 275.08 287.70 323.63 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 34050601.00 31335227.00 USD THO Oct/20
Canada 1127423.00 990418.00 USD THO Oct/20
China 803387.00 694004.00 USD THO Oct/20
Germany 763830.00 843478.00 USD THO Oct/20
South Korea 551138.00 477293.00 USD THO Oct/20
Japan 396335.00 325222.00 USD THO Oct/20
Brazil 374368.00 325735.00 USD THO Oct/20
Spain 284217.00 372420.00 USD THO Oct/20
Colombia 251845.00 213348.00 USD THO Oct/20
United Kingdom 237788.00 214488.00 USD THO Oct/20
India 227463.00 204774.00 USD THO Oct/20
Guatemala 182733.00 171641.00 USD THO Oct/20
Belgium 134280.00 115855.00 USD THO Oct/20
Peru 131866.00 113369.00 USD THO Oct/20
Australia 126875.00 97724.00 USD THO Oct/20
Chile 122148.00 109912.00 USD THO Oct/20
France 117084.00 85579.00 USD THO Oct/20
Switzerland 113046.00 82912.00 USD THO Oct/20
Hong Kong 111739.00 74049.00 USD THO Oct/20
Panama 109430.00 115297.00 USD THO Oct/20
Mexico Exports by Category Last Previous
Crude Petroleum Oil 1034122.00 1168059.00 USD THO Oct/20
Electrical Apparatus For Line Telephony 1009886.00 1093695.00 USD THO Oct/20
Household Furniture 945980.00 890634.00 USD THO Oct/20
Plastics & Articles Thereof 880057.00 836573.00 USD THO Oct/20
Road Tractors For Semi-trailers 858107.00 752430.00 USD THO Oct/20
Ores, Slag & Ash 811515.00 522621.00 USD THO Oct/20
Beverages, Spirits & Vinegar 780678.00 766291.00 USD THO Oct/20
Natural Or Cultured Pearls 775389.00 751690.00 USD THO Oct/20
Not Classified Products 739272.00 533119.00 USD THO Oct/20
Articles of Iron Or Steel 593715.00 521376.00 USD THO Oct/20
Parts of Seats 480842.00 457087.00 USD THO Oct/20
Gold, Unwrought Or In Powder Form 445022.00 446573.00 USD THO Oct/20
Beer Made from Malt 440717.00 424307.00 USD THO Oct/20
Spark-ignition Piston Engines 439678.00 270113.00 USD THO Oct/20
Copper Ores & Concentrates 402930.00 265092.00 USD THO Oct/20
Parts For Spark-ignition Piston Engines 397720.00 339716.00 USD THO Oct/20
Electric Motors & Generators 341685.00 318016.00 USD THO Oct/20
Rubber & Articles Thereof 324489.00 309057.00 USD THO Oct/20
Centrifuges, Incl Centrifugal Dryers 312033.00 401460.00 USD THO Oct/20
Iron & Steel 258702.00 261798.00 USD THO Oct/20

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category