Mexico Exports

Exports from Mexico increased 3.5 percent year-on-year to USD 33730 million in February 2019. Non-oil exports rose 3.8 percent, led by higher sales of manufacturing (4.0 percent), of which food, alcohol and beverages (13.2 percent) and machinery and equipment (12.4 percent). Additionally, sales of mining advanced 4.1 percent. Meanwhile, sales of agricultural products declined (-1.0 percent), namely mangoes (-46.5 percent), citrics (-28.8 percent) and avocado (-23.4 percent). Also, oil exports fell 0.7 percent. The country exported 1.475 million barrels of crude oil per day, higher than 1.451 million barrels a year ago while the price was USD 55.76 per barrel, $0.45 below the price in February 2018. Non-oil exports to the US went up 4.6 percent, of which auto sales (3.1 percent) and others (5.4 percent). Sales to the rest of the world advanced 0.7 percent. Exports in Mexico averaged 14083.66 USD Million from 1980 until 2019, 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	1222.00	-4810.00	1836.32	-4810.00	USD Million	[+]
Current Account	-3424.00	-5703.10	2173.70	-10661.90	USD Million	[+]
Current Account to GDP	-1.60	-2.10	3.40	-6.10	percent	[+]
Imports	35074.09	37263.00	44288.19	647.02	USD Million	[+]
Exports	36295.71	32453.40	41352.22	1225.59	USD Million	[+]
External Debt	446097.80	451594.30	453548.00	0.70	USD Million	[+]
Terms of Trade	48.00	47.26	106.34	43.37	Index Points	[+]
Foreign Direct Investment	5029.80	4135.00	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	1956.64	1961.28	2683.20	56.59	Thousand	[+]
Gold Reserves	119.90	120.00	125.35	2.55	Tonnes	[+]
Crude Oil Production	1733.00	1865.00	3547.00	1733.00	BBL/D/1K	[+]
Terrorism Index	3.53	3.29	4.51	1.35		[+]
Capital Flows	-12.40	-17.50	12079.70	-3457.70	USD Million	[+]

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

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). 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 April of 2019.