Exports from Mexico increased 2.3 percent year-on-year to USD 38,320 million in November of 2020, due to a 3.3 percent gain in non-oil sales, mainly to the US (3.2 percent) while oil sales sank 17.1 percent. Also, shipments of manufacturing increased 2.7 percent, namely mining metallurgy (24 percent), food, beverages and tobacco (18.8 percent), plastic products and rubber (11.4 percent) and equipment and electrical and electronic devices (3.6 percent). source: Instituto Nacional de Estadística y Geografía (INEGI)

Exports in Mexico averaged 15042.68 USD Million from 1980 until 2020, reaching an all time high of 41944.72 USD Million in October of 2020 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 January of 2021.

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 37600.00 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.

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Mexico Exports

Actual Previous Highest Lowest Dates Unit Frequency
38320.17 41944.72 41944.72 1225.59 1980 - 2020 USD Million Monthly

Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade 3032.50 6223.77 6223.77 -4625.28 USD Million [+]
Current Account 17497.70 -116.20 17497.70 -11694.60 USD Million [+]
Current Account to GDP -0.20 -1.90 3.40 -6.10 percent [+]
Imports 35287.67 35720.95 44290.89 647.02 USD Million [+]
Exports 38320.17 41944.72 41944.72 1225.59 USD Million [+]
External Debt 451349.70 446898.10 463847.50 0.70 USD Million [+]
Terms of Trade 47.77 46.83 106.34 42.38 points [+]
Foreign Direct Investment 2436.70 7092.60 21009.30 -63.90 USD Million [+]
Remittances 10674.57 9891.95 10674.57 158.70 USD Million [+]
Tourism Revenues 611571.87 509178.78 2522955.40 131281.53 USD Thousand [+]
Tourist Arrivals 984.90 828.02 2715.18 56.59 Thousand [+]
Gold Reserves 119.94 120.01 125.34 2.54 Tonnes [+]
Crude Oil Production 1699.00 1690.00 3547.00 1647.00 BBL/D/1K [+]
Non Oil Exports 36790.94 40660.33 40660.33 313.90 USD Million [+]
Oil Exports 1529.22 1284.39 5931.86 403.90 USD Million [+]
Terrorism Index 4.32 4.08 4.51 1.35 [+]
Capital Flows -7.10 -5.00 12079.70 -3457.70 USD Million [+]
Auto Exports 275.08 287.70 323.63 9.50 Thousand Units [+]


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 Exports by Country Last Previous
United States 31162863.00 34050601.00 USD THO Nov/20
Canada 1051276.00 1127423.00 USD THO Nov/20
China 905915.00 803387.00 USD THO Nov/20
Germany 561650.00 763830.00 USD THO Nov/20
South Korea 507057.00 551138.00 USD THO Nov/20
Spain 355197.00 284217.00 USD THO Nov/20
Japan 320671.00 396335.00 USD THO Nov/20
Brazil 302496.00 374368.00 USD THO Nov/20
India 283484.00 227463.00 USD THO Nov/20
United Kingdom 256331.00 237788.00 USD THO Nov/20
Colombia 238428.00 251845.00 USD THO Nov/20
Guatemala 172023.00 182733.00 USD THO Nov/20
Chile 117352.00 122148.00 USD THO Nov/20
Australia 114232.00 126875.00 USD THO Nov/20
Peru 109261.00 131866.00 USD THO Nov/20
Belgium 107623.00 134280.00 USD THO Nov/20
El Salvador 96713.00 87527.00 USD THO Nov/20
France 92972.00 117084.00 USD THO Nov/20
Switzerland 85228.00 113046.00 USD THO Nov/20
Hong Kong 79627.00 111739.00 USD THO Nov/20
Mexico Exports by Category Last Previous
Crude Petroleum Oil 1358731.00 1034122.00 USD THO Nov/20
Electrical Apparatus For Line Telephony 978585.00 1009886.00 USD THO Nov/20
Household Furniture 901102.00 945980.00 USD THO Nov/20
Natural Or Cultured Pearls 847651.00 775389.00 USD THO Nov/20
Beverages, Spirits & Vinegar 820546.00 780678.00 USD THO Nov/20
Plastics & Articles Thereof 806844.00 880057.00 USD THO Nov/20
Not Classified Products 796181.00 739272.00 USD THO Nov/20
Ores, Slag & Ash 715406.00 811515.00 USD THO Nov/20
Articles of Iron Or Steel 518730.00 593715.00 USD THO Nov/20
Gold, Unwrought Or In Powder Form 513750.00 445022.00 USD THO Nov/20
Parts of Seats 482070.00 480842.00 USD THO Nov/20
Beer Made from Malt 481802.00 440717.00 USD THO Nov/20
Copper Ores & Concentrates 421607.00 402930.00 USD THO Nov/20
Parts For Spark-ignition Piston Engines 364034.00 397720.00 USD THO Nov/20
Rubber & Articles Thereof 299905.00 324489.00 USD THO Nov/20
Centrifuges, Incl Centrifugal Dryers 294249.00 312033.00 USD THO Nov/20
Electric Motors & Generators 293332.00 341685.00 USD THO Nov/20
Iron & Steel 270241.00 258702.00 USD THO Nov/20
Vegetables Nesoi, Fresh Or Chilled 268721.00 173523.00 USD THO Nov/20
Vehicles - North America 247213.00 236966.00 Aug/19

United Nations Comtrade Database
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