Imports to Mexico declined 10.3 percent year-on-year to USD 36.7 billion in November of 2019. It is the biggest annual decline since October of 2009, mainly due to a broad based fall in foreign purchases. Declines were seen in oil related imports (-26.2 percent), namely gasoline and gas butane and propane and non-oil ones (-8.2 percent). Purchases fell for consumption (-5.5 percent), intermediate (-11.1 percent) and capital goods (-11.3 percent). Considering the first eleven months of 2019, imports rose 2.1 percent to USD 419.7 billion. Imports in Mexico averaged 14864.32 USD Million from 1980 until 2019, reaching an all time high of 44290.89 USD Million in October of 2018 and a record low of 647.02 USD Million in January of 1983. source: Instituto Nacional de Estadística y Geografía (INEGI)

Imports in Mexico is expected to be 38500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Mexico to stand at 36600.00 in 12 months time. In the long-term, the Mexico Imports is projected to trend around 39500.00 USD Million in 2020, according to our econometric models.

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Mexico Imports

Actual Previous Highest Lowest Dates Unit Frequency
36705.37 41456.27 44290.89 647.02 1980 - 2019 USD Million Monthly


Mexico Imports
Mexico mainly imports manufactured products (87 percent of total purchases), namely metallic products, machinery and equipment (53 percent), of which automotive (13 percent); electrical and electronic appliances (20 percent); and special equipment for miscellaneous industries (15 percent). Oil products represent 10 percent of total imports, especially oil derivatives and petrochemicals. Agricultural goods account for 3 percent. Main import partners are: the United States (46 percent of total purchases), China (18 percent), Japan, Germany and South Korea (4 percent each). Main imports from the United States are: other parts and accessories of vehicles (8 percent of total imports); electric apparatus (7 percent); petroleum products (6 percent) and computer accessories (6 percent).

Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade 790.35 -725.62 2561.01 -4642.52 USD Million [+]
Current Account 2013.30 4520.50 4520.50 -11314.10 USD Million [+]
Current Account to GDP -1.80 -1.70 3.40 -6.10 percent [+]
Imports 36705.37 41456.27 44290.89 647.02 USD Million [+]
Exports 37495.72 40730.66 41825.44 1225.59 USD Million [+]
External Debt 449495.50 457279.90 457279.90 0.70 USD Million [+]
Terms of Trade 49.22 48.83 106.34 43.37 points [+]
Foreign Direct Investment 7332.00 6234.70 21010.90 -63.90 USD Million [+]
Remittances 9725.69 9402.60 9725.69 158.70 USD Million [+]
Tourism Revenues 1897194.44 1622841.51 2522955.40 158919.00 USD Thousand [+]
Tourist Arrivals 1998.95 1633.72 2683.20 56.59 Thousand [+]
Gold Reserves 120.06 120.03 125.30 2.50 Tonnes [+]
Crude Oil Production 1733.00 1708.00 3547.00 1647.00 BBL/D/1K [+]
Terrorism Index 4.08 3.53 4.51 1.35 [+]
Capital Flows -8.60 -2.20 12079.70 -3457.70 USD Million [+]
Auto Exports 229.23 268.30 323.63 9.50 Thousand Units [+]

Mexico Imports by Country Last Previous
United States 16825998.00 17856260.00 USD THO Nov/19
China 6706951.00 7978831.00 USD THO Nov/19
South Korea 1540827.00 1550206.00 USD THO Oct/19
Japan 1433225.00 1589111.00 USD THO Nov/19
Germany 1343484.00 1753081.00 USD THO Nov/19
Malaysia 942454.00 1165367.00 USD THO Nov/19
Canada 806791.00 804576.00 USD THO Nov/19
Taiwan 802362.00 997316.00 USD THO Nov/19
Vietnam 543179.00 762970.00 USD THO Nov/19
Thailand 510222.00 648197.00 USD THO Nov/19
Italy 468041.00 469122.00 USD THO Nov/19
Brazil 465258.00 725286.00 USD THO Nov/19
India 438113.00 493915.00 USD THO Nov/19
Spain 375526.00 378819.00 USD THO Nov/19
France 326517.00 377067.00 USD THO Nov/19
Philippines 214966.00 309374.00 USD THO Nov/19
United Kingdom 181371.00 203886.00 USD THO Nov/19
Austria 173320.00 169316.00 USD THO Nov/19
Singapore 164643.00 128063.00 USD THO Nov/19
Switzerland 144088.00 171122.00 USD THO Nov/19
Mexico Imports by Category Last Previous
Tractors Parts & Accessories, Etc 2173534.00 2402743.00 USD THO Nov/19
Plastics & Articles Thereof 1966753.00 2221443.00 USD THO Nov/19
Not Classified Products 1462075.00 1774373.00 USD THO Nov/19
Mineral Fuels, Mineral Oils & Gasoline 1350781.00 1582207.00 USD THO Nov/19
Electrical Apparatus For Line Telephony 1284211.00 1449868.00 USD THO Nov/19
Typewriters Parts & Accessories 847134.00 969258.00 USD THO Nov/19
Articles of Iron Or Steel 774930.00 861668.00 USD THO Nov/19
Iron & Steel 688434.00 880858.00 USD THO Nov/19
Organic Chems 606474.00 683765.00 USD THO Nov/19
Mineral Fuels, Mineral Oils & Gasoil 597904.00 659310.00 USD THO Nov/19
Rubber & Articles Thereof 535182.00 593350.00 USD THO Nov/19
Aluminum & Articles Thereof 523463.00 562679.00 USD THO Nov/19
Miscellaneous Chem Products 492631.00 466583.00 USD THO Nov/19
Natural Gas, Gaseous 433740.00 414142.00 USD THO Nov/19
Cereals 428197.00 457561.00 USD THO Nov/19
Pharmaceutical Products 418921.00 485398.00 USD THO Nov/19
Meat & Edible Meat Offal 380011.00 375258.00 USD THO Nov/19
Parts For Spark-ignition Piston Engines 344011.00 323118.00 USD THO Nov/19
Electric Motors & Generators 314373.00 379314.00 USD THO Nov/19
Liquid Crystal Devices Not Speied 310762.00 481292.00 USD THO Nov/19

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