Exports from Mexico plunged 40.9 percent over a year earlier to an over ten-year low of USD 23,385 million in April 2020, amid the coronavirus crisis. Sales of oil slumped 66.4 percent and those of non-oil dropped 39.4 percent. The country exported 1.179 million barrels of crude oil per day, higher than 1.023 million barrels a year earlier, while the price was USD 14.18 per barrel, $47.68 below the price in April 2019. Non-oil exports to the US went down 40.7 percent, driven by automotive (-80 percent) and other goods (-20.2 percent).
Exports in Mexico averaged 14759 USD Million from 1980 until 2020, reaching an all time high of 41752.19 USD Million in May of 2019 and a record low of 1225.59 USD Million in February of 1980. 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 - values, historical data and charts - was last updated on May of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)
Exports in Mexico is expected to be 29000.00 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 37000.00 in 12 months time. In the long-term, the Mexico Exports is projected to trend around 38000.00 USD Million in 2021 and 41000.00 USD Million in 2022, according to our econometric models.