Exports from Mexico went down 2.9% year-on-year to USD 37.5 billion in November of 2019. Non-oil sales declined 1.7% and oil ones fell 21.1%. Within non-oil, biggest drops were recorded for shipments of household metal products (-20.5%); professional and scientific equipment (-9.8%); automotive products (-3.5%) and electrical and electronic devices (-3.3%). In contrast, exports of agricultural and fisheries went up 15%, boosted by fresh strawberries (121.3%), avocados (43.6%), fruit and edible fruits (23.7%), fresh vegetables (23.3%) and tomatoes (4.5%). Sales of mining jumped 21.8%. Non-oil shipments to the US, the biggest export market, shrank 0.7% and to the rest of the world 6.3%. Auto sales to the US declined 1.8% and those to the rest of the world a meagre 0.1%. Considering the first eleven months of the year, exports advanced 2.3% to USD 422.5 billion.

Exports in Mexico averaged 14557.77 USD Million from 1980 until 2019, reaching an all time high of 41825.44 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. source: Instituto Nacional de Estadística y Geografía (INEGI)

Exports in Mexico is expected to be 39000.00 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 37500.00 in 12 months time. In the long-term, the Mexico Exports is projected to trend around 41000.00 USD Million in 2020, according to our econometric models.


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Mexico Exports

Actual Previous Highest Lowest Dates Unit Frequency
37495.72 40730.66 41825.44 1225.59 1980 - 2019 USD Million Monthly

Mexico Exports
Mexico has an export oriented economy. Mexico's main exports are manufactured products (89 percent of total shipments) and oil and oil products (6 percent). Among manufactured products, metallic, machinery and equipment is the major category (69 percent) and automobiles account for around 31 percent of total sales. Other important categories include: electrical and electronic appliances (18 percent) and special equipment for industries (13 percent). Agricultural goods and mining products account for 4 percent and 1 percent, respectively. Mexico's leading export partner is the United States (80 percent), followed by Canada (3 percent), Germany and China (2 percent each). Main exports to US include: other parts and accessories of vehicles (14 percent of total sales); trucks, buses and special purpose vehicles (10 percent); passenger cars (10 percent); computers (6 percent); telecommunication equipment (5 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 Exports by Country Last Previous
United States 30486171.00 32962879.00 USD THO Nov/19
Canada 1174173.00 1275403.00 USD THO Nov/19
China 706558.00 716103.00 USD THO Nov/19
Germany 549230.00 625870.00 USD THO Nov/19
South Korea 404325.00 306804.00 USD THO Nov/19
Spain 381877.00 394827.00 USD THO Nov/19
Japan 351678.00 384031.00 USD THO Nov/19
Brazil 345045.00 394901.00 USD THO Nov/19
United Kingdom 261875.00 232586.00 USD THO Nov/19
Colombia 256412.00 320335.00 USD THO Nov/19
India 224384.00 232893.00 USD THO Nov/19
Guatemala 168719.00 197575.00 USD THO Nov/19
Belgium 113107.00 124404.00 USD THO Nov/19
Peru 112191.00 146565.00 USD THO Nov/19
France 100323.00 119776.00 USD THO Nov/19
Chile 99309.00 141295.00 USD THO Nov/19
Panama 92394.00 123702.00 USD THO Nov/19
Italy 83806.00 104839.00 USD THO Nov/19
Australia 76327.00 89456.00 USD THO Nov/19
Costa Rica 73016.00 83369.00 USD THO Nov/19
Mexico Exports by Category Last Previous
Crude Petroleum Oil 1675131.00 1493859.00 USD THO Nov/19
Electrical Apparatus For Line Telephony 922346.00 1154817.00 USD THO Nov/19
Household Furniture 811604.00 939455.00 USD THO Nov/19
Plastics & Articles Thereof 724611.00 862260.00 USD THO Nov/19
Not Classified Products 696552.00 648944.00 USD THO Nov/19
Road Tractors For Semi-trailers 688729.00 926661.00 USD THO Nov/19
Natural Or Cultured Pearls 617212.00 641540.00 USD THO Nov/19
Articles of Iron Or Steel 589741.00 620403.00 USD THO Nov/19
Beverages, Spirits & Vinegar 529848.00 652732.00 USD THO Nov/19
Ores, Slag & Ash 461945.00 464945.00 USD THO Nov/19
Spark-ignition Piston Engines 442958.00 395649.00 USD THO Nov/19
Parts of Seats 409723.00 482472.00 USD THO Nov/19
Gold, Unwrought Or In Powder Form 399808.00 403283.00 USD THO Nov/19
Parts For Spark-ignition Piston Engines 346231.00 301478.00 USD THO Nov/19
Electric Motors & Generators 312043.00 333397.00 USD THO Nov/19
Beer Made from Malt 312011.00 399042.00 USD THO Nov/19
Rubber & Articles Thereof 270608.00 301638.00 USD THO Nov/19
Centrifuges, Incl Centrifugal Dryers 260618.00 243619.00 USD THO Nov/19
Avocados, Fresh Or Dried 258999.00 247484.00 USD THO Nov/19
Iron & Steel 248792.00 255010.00 USD THO Nov/19

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