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.