Mexico's auto exports plunged 38.8 percent over a year earlier to 196,173 units in June 2020, after a 95.1 percent slump in May, amid the coronavirus pandemic. Among major exporters, shipments decreased from General Motors (-12 percent to 67.5 thousand), FCA Mexico (-42.2 percent to 31.1 thousand), Volkswagen (-87.4 percent to 5.9 thousand), Nissan (-41.8 percent to 24.7 thousand), Ford Motor (-50.1 percent to 15.4 thousand), KIA (-30.5 percent to 14 thousand), Audi (-87.1 percent to 1.6 thousand), Toyota (-26.9 percent to 10.7 thousand) and Honda (-17.5 percent to 12.3 thousand). On the other hand, shipments increased from Mazda (89.4 percent to 11.4 thousand) and BMW Group (46 percent to 1.5 thousand).
Auto Exports in Mexico averaged 125.10 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. Mexico Auto Exports - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)
Auto Exports in Mexico is expected to be 230.00 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 330.00 in 12 months time. In the long-term, the Mexico Auto Exports is projected to trend around 310.00 Thousand Units in 2021 and 320.00 Thousand Units in 2022, according to our econometric models.