Mexico's auto exports declined 5.8 percent from a year earlier to 228.2 thousand units in January 2020, following a 16.7 percent slump in the previous month. Among major exporters, shipments fell from General Motors (-10.2 percent to 54.3 thousand), Nissan (-17.1 percent to 28.4 thousand), Ford Motor (-22.9 percent to 18.7 thousand), Toyota (-18.1 percent to 14.1 thousand), Honda (-41.4 percent to 10.3 thousand) and Audi (-24.8 percent to 7.5 thousand). In contrast, exports rose from FCA Mexico (28.8 percent to 35.4 thousand), Volkswagen (1.9 percent to 31.2 thousand), Mazda (114 percent to 10.4 thousand) and KIA (0.6 percent to 15.8 thousand).
Auto Exports in Mexico averaged 124.85 Thousand Units from 1988 until 2020, reaching an all time high of 323.63 Thousand Units in March of 2019 and a record low of 9.50 Thousand Units in September of 1989. This page provides - Mexico Auto Exports- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Instituto Nacional de Estadística y Geografía (INEGI)
Auto Exports in Mexico is expected to be 320.00 Thousand Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Auto Exports in Mexico to stand at 300.00 in 12 months time. In the long-term, the Mexico Auto Exports is projected to trend around 310.00 Thousand Units in 2021, according to our econometric models.