Imports to Mexico decreased 7.8 percent year-on-year to USD 35388 million in June 2019, mainly due to lower purchases of consumption goods (7.1 percent), of which non-oil (-5.7 percent) and gasoline, butane & propane gas (-9.7 percent); intermediate (-6.2 percent), as both oil (-23.5 percent) and non-oil (-4.2 percent); and capital goods (-21.2 percent). Imports in Mexico averaged 14608.51 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.
Imports 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 Imports in Mexico to stand at 38600.00 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.