Exports from Mexico increased 6.1 percent year-on-year to USD 39447 million in April 2019. Non-oil exports jumped 7.6 percent, boosted by higher sales of manufacturing (7.8 percent), of which machinery & equipment for industries (13.6 percent), professional & scientific equipment (13.3 percent), food, alcoholic & beverages (12.1 percent), and automotive products (9 percent). Additionally, sales of agricultural products rose (14.5 percent), namely fresh fruit (81.8 percent), vegetables (38 percent), meat (37.3 percent) and pepper (26.5 percent). Meanwhile, sales of mining dropped 21.7 percent and oil exports fell 14.3 percent. The country exported 1.023 million barrels of crude oil per day, lower than 1.266 million barrels a year ago while the price was USD 61.61 per barrel, $2.70 above the price in April 2018. Exports in Mexico averaged 14190.94 USD Million from 1980 until 2019, reaching an all time high of 41356.56 USD Million in October of 2018 and a record low of 1225.59 USD Million in February of 1980.
Exports in Mexico is expected to be 37500.00 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 35800.00 in 12 months time. In the long-term, the Mexico Exports is projected to trend around 40000.00 USD Million in 2020, according to our econometric models.