Mexico Balance of Trade 1980-2014 | Data | Chart | Calendar | Forecast

Mexico recorded a trade deficit of 979.88 USD Million in July of 2014. Balance of Trade in Mexico averaged -229.76 USD Million from 1980 until 2014, reaching an all time high of 1710.25 USD Million in March of 2013 and a record low of -3292.30 USD Million in October of 2008. Balance of Trade in Mexico is reported by the Instituto Nacional de Estadística y Geografía (INEGI).

   
 
 

Mexico Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
-979.88 423.73 1710.25 -3292.30 1980 - 2014 USD Million Monthly
Mexico’s main exports are manufactured products (83 percent of total shipments) and oil and oil products (13 percent). Main imports are: metallic products, machinery and equipment (50 percent of total imports), mining products (13 percent) and chemical products (6.3 percent). Mexico´s main trading partner is the United States (80 percent of total exports and 51 percent of imports). Others include: Canada, China and Japan. This page provides - Mexico Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Mexico Balance of Trade - was last refreshed on Thursday, September 18, 2014.


Mexico Trade Deficit Narrows in July


Mexican trade gap decreased to USD 0.98 billion in July of 2014 compared with a USD 1.4 billion shortfall a year earlier. Exports rose at a faster pace than imports, boosted by a surge in auto sales to the United States.

Exports rose 4.5 percent year-on-year to USD 33.7 billion. Oil sales fell 19.4 percent while non-oil shipments increased 8.2 percent, driven by sales of commodities (44.6 percent), agricultural products (15.9 percent, mainly cattle, fish, fruits, nuts and honey) and manufactured products (7.6 percent, namely scientific equipment, automotive, plastic and rubber products, food and beverages and machinery and industrial equipment). Shipments to the United States increased 10.3 percent, driven by a 22.2 percent surge in auto sales while exports to other countries showed no annual change.

Imports advanced by an annual 3.1 percent to USD 34.7 billion in July. Purchases of capital goods rose the most on the year (4.2 percent), followed by imports of intermediate goods (3.1 percent) and consumption goods (2.5 percent).

Joana Taborda | joana.taborda@tradingeconomics.com
8/27/2014 2:30:01 PM


Recent Releases

Mexican Trade Surplus Widens in June
Mexico's trade surplus increased to USD 424 million in June of 2014 from USD 132 million in May, but narrowed from a USD 920 million surplus a year earlier. In the first half of 2014, the country posted a USD 249 million trade deficit. Published on 2014-07-25

Mexico Trade Surplus Down to 4-Month Low
Mexican trade surplus narrowed for the second consecutive month to USD 132 million in May of 2014 from USD 510 million in the previous month. A year earlier, the country posted a USD 460 million deficit. Published on 2014-06-27


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-05-26 02:00 PM Mexico
Balance of Trade
Apr 2014 $ 0.510B $ 1.027B $ -0.758B $ -2.1B
2014-06-27 02:00 PM Mexico
Balance of Trade
May 2014 $ 0.132B $ 0.510B $ 0.700B $ -0.1B
2014-07-25 02:00 PM Mexico
Balance of Trade
Jun 2014 $ 0.424B $ 0.132B $ 0.6B $ -0.2B
2014-08-27 02:00 PM Mexico
Balance of Trade
Jul 2014 $ -0.98B $ 0.424B $ -0.72B $ 0.1B
2014-09-26 02:00 PM Mexico
Balance of Trade
Aug 2014 $ -0.98B $ -0.5B


Trade Last Previous Highest Lowest Unit
Balance of Trade -979.88 423.73 1710.25 -3292.30 USD Million [+]
Exports 33710.90 33474.28 35082.30 1225.59 USD Million [+]
Imports 34690.78 33050.55 35564.83 647.01 USD Million [+]
Current Account -6982.38 -4388.81 2173.78 -7908.41 USD Million [+]
Current Account to GDP -1.80 -1.20 3.40 -6.10 Percent [+]
External Debt 1879.16 1862.53 1893.53 0.70 MXN Billion [+]
Terms of Trade 57.60 57.18 106.34 44.60 Index Points [+]
Foreign Direct Investment 2303917.50 7428593.30 18907245.60 -127118.20 USD Thousand [+]
Remittances 2037.79 2146.70 2637.71 248.06 USD Million [+]
Tourist Arrivals 1394.46 1201.06 1704.46 0.00 Thousand [+]
Gold Reserves 123.34 122.75 125.34 2.54 Tonnes [+]
Crude Oil Production 2530.00 2518.00 3547.00 1977.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1359.00 Jul/14 -1564.00 2225.00 -3907.00 AUD Million [+]
Brazil 1168.00 Aug/14 1573.96 5659.37 -4058.14 USD Million [+]
Canada 2580.00 Jul/14 1830.00 8524.80 -2902.90 CAD Million [+]
China 498.30 Aug/14 473.01 498.30 -319.71 USD Hundred Million [+]
Euro Area 21200.00 Jul/14 16700.00 21780.80 -16638.00 EUR Million [+]
France -5539.00 Jul/14 -5576.00 2674.00 -7086.00 EUR Million [+]
Germany 23400.00 Jul/14 16600.00 23400.00 -535.91 EUR Million [+]
India -10838.56 Aug/14 -12228.60 258.90 -20210.90 USD Million [+]
Indonesia 130.00 Jul/14 -288.00 4641.92 -2329.13 USD Million [+]
Italy 6857.00 Jul/14 3236.30 6857.00 -6389.30 EUR Million [+]
Japan -963.99 Jul/14 -823.20 1608.67 -2795.04 JPY Billion [+]
Mexico -979.88 Jul/14 423.73 1710.25 -3292.30 USD Million [+]
Netherlands 2724.00 Jul/14 4455.40 4948.70 -907.60 EUR Million [+]
Russia 17068.00 Jul/14 13957.00 20356.00 -185.00 USD Million [+]
South Korea 3400.00 Aug/14 2398.95 6794.27 -4043.45 USD Million [+]
Spain -1826700.00 Jul/14 -1477012.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3983.49 Jul/14 1412.00 3983.49 -1478.68 CHF million [+]
Turkey -6460.00 Jul/14 -7853.06 24.51 -10453.06 USD Million [+]
United Kingdom -3348.00 Jul/14 -2459.00 2946.00 -5269.00 GBP Million [+]
United States -40546.00 Jul/14 -40810.00 1946.00 -67823.00 USD Million [+]





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