Mexico Exports

Exports from Mexico increased 4.3 percent year-on-year to USD 37529 million in December 2018. Non-oil exports rose 6.0 percent, driven by higher sales of manufacturing (6.5 percent), namely steel products (31.2 percent); machinery and special equipment (22.4 percent); professional and scientific equipment (8.4 percent); and automotive products (7.4 percent). Also, mining shipments went up 16.6 percent. Meanwhile, sales of agricultural products dropped 6.8 percent, mostly due to raw coffee beans (-42.6 percent), fresh strawberries (-38.5 percent), avocado (-17 percent), frozen shrimp (-16 percent) and pepper (-5.4 percent). Additionally, oil sales declined 16.8 percent. The country exported 1.198 million barrels of crude oil per day, lower than 1.401 million barrels a year earlier while the price was USD 50.49 per barrel, $3.65 below the price in December of 2017. Non-oil exports to the US increased 8.8 percent, of which auto sales rose 11.9 percent. Exports in Mexico averaged 13996.94 USD Million from 1980 until 2018, 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 38000.00 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 39000.00 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.

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Mexico Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	1836.32	-2381.84	1836.32	-4419.83	USD Million	[+]
Current Account	-5081.50	-3074.50	2173.70	-10376.90	USD Million	[+]
Current Account to GDP	-1.60	-2.10	3.40	-6.10	percent	[+]
Imports	35692.97	40926.11	44288.19	647.02	USD Million	[+]
Exports	37529.28	38544.27	41352.22	1225.59	USD Million	[+]
External Debt	451594.30	445610.20	453548.00	0.70	USD Million	[+]
Terms of Trade	46.07	47.34	106.34	43.37	Index Points	[+]
Foreign Direct Investment	4135.00	8729.60	21154.60	-63.90	USD Million	[+]
Remittances	8776.40	8432.03	9057.60	158.70	USD Million	[+]
Tourism Revenues	2458027.55	1794008.16	2458027.55	158919.00	USD Thousand	[+]
Tourist Arrivals	2683.20	1932.22	2683.20	56.59	Thousand	[+]
Gold Reserves	120.00	120.00	125.35	2.55	Tonnes	[+]
Crude Oil Production	1787.00	1849.00	3547.00	1761.00	BBL/D/1K	[+]
Terrorism Index	3.53	3.29	4.51	1.35		[+]
Capital Flows	-17.50	-10.90	12079.70	-3457.70	USD Million	[+]

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

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 February of 2019.