Exports from Mexico fell 7.7 percent year-on-year to USD 36.98 billion in August 2020, as sales dropped for both oil (-11.4 percent) and non-oil products (-7.5 percent). The country exported 1.190 million barrels of crude oil per day, higher than 1.081 million barrels a year earlier, while the price was USD 39.52 per barrel, $9.99 below the price in August 2019. Non-oil exports to the US went down 7.7 percent, namely automotive (-12.9 percent) and other goods (-4.7 percent).

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 September of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

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
36979.02 35662.00 41752.19 1225.59 1980 - 2020 USD Million Monthly

Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade 6116.00 5799.00 6116.00 -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 30863.29 29863.67 44290.89 647.02 USD Million [+]
Exports 36979.02 35662.00 41752.19 1225.59 USD Million [+]
External Debt 441290.80 463847.50 463847.50 0.70 USD Million [+]
Terms of Trade 45.66 45.46 106.34 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 530.96 286.11 2715.18 56.59 Thousand [+]
Gold Reserves 120.00 120.10 125.30 2.50 Tonnes [+]
Crude Oil Production 1686.00 1753.00 3547.00 1647.00 BBL/D/1K [+]
Non Oil Exports 34258.48 31818.49 39182.37 313.90 USD Million [+]
Oil Exports 1403.87 1257.99 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 257.61 256.10 323.63 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 29048846.00 27932515.00 USD THO Jul/20
Canada 915936.00 885207.00 USD THO Jul/20
China 724610.00 672101.00 USD THO Jul/20
Germany 679036.00 241710.00 USD THO Jul/20
South Korea 347653.00 147821.00 USD THO Jun/20
Spain 259368.00 192270.00 USD THO Jul/20
Japan 247497.00 245542.00 USD THO Jul/20
United Kingdom 216835.00 192546.00 USD THO Jul/20
Colombia 193131.00 168619.00 USD THO Jul/20
India 188944.00 136595.00 USD THO Jul/20
Brazil 182034.00 112824.00 USD THO Jul/20
Belgium 161858.00 61433.00 USD THO Jul/20
Guatemala 157317.00 140224.00 USD THO Jul/20
France 137937.00 112038.00 USD THO Jul/20
Italy 110744.00 66186.00 USD THO Jul/20
Hong Kong 103258.00 102703.00 USD THO Jul/20
Chile 98877.00 80387.00 USD THO Jul/20
Peru 92990.00 64704.00 USD THO Jul/20
Panama 86237.00 70957.00 USD THO Jul/20
El Salvador 86050.00 72643.00 USD THO Jul/20
Mexico Exports by Category Last Previous
Crude Petroleum Oil 1185898.00 1099612.00 USD THO Jul/20
Electrical Apparatus For Line Telephony 1087912.00 1017003.00 USD THO Jul/20
Plastics & Articles Thereof 780856.00 727195.00 USD THO Jul/20
Household Furniture 772776.00 694228.00 USD THO Jul/20
Beverages, Spirits & Vinegar 703395.00 642424.00 USD THO Jul/20
Natural Or Cultured Pearls 654150.00 586301.00 USD THO Jul/20
Road Tractors For Semi-trailers 620424.00 515421.00 USD THO Jul/20
Not Classified Products 570548.00 436027.00 USD THO Jul/20
Ores, Slag & Ash 533443.00 500076.00 USD THO Jul/20
Articles of Iron Or Steel 490659.00 497722.00 USD THO Jul/20
Gold, Unwrought Or In Powder Form 436317.00 380688.00 USD THO Jul/20
Beer Made from Malt 406633.00 397351.00 USD THO Jul/20
Parts of Seats 381033.00 271327.00 USD THO Jul/20
Spark-ignition Piston Engines 341359.00 340633.00 USD THO Jul/20
Parts For Spark-ignition Piston Engines 314734.00 220788.00 USD THO Jul/20
Copper Ores & Concentrates 275588.00 254242.00 USD THO Jul/20
Centrifuges, Incl Centrifugal Dryers 270728.00 206588.00 USD THO Jul/20
Electric Motors & Generators 269535.00 260196.00 USD THO Jul/20
Rubber & Articles Thereof 255746.00 198361.00 USD THO Jul/20
Vehicles - North America 247213.00 236966.00 Aug/19

United Nations Comtrade Database
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