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

Mexico recorded a trade surplus of 143 USD Million in October of 2014. Balance of Trade in Mexico averaged -229.04 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).

   
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Mexico Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
143.00 590.00 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 Friday, November 28, 2014.


Mexico Posts Trade Surplus in October


Mexican trade balance turned into a USD 143 million surplus in October of 2014 from a USD 135 million deficit a year earlier as exports hit a new record high.

Exports grew 5.7 percent year-on-year to USD 37.086 million. Oil sales fell 21 percent while non-oil exports rose 9.7 percent, boosted by a 24.9 percent rise in agriculture and 18.6 percent increase in automotive. Shipments to the United Sates rose by 10.4 percent and those to the rest of the wold by 5.6 percent.

Imports increased 4.9 percent year-on-year to USD 36.943 million due to growth in both non-oil and oil purchases (5 percent and 3.5 percent, respectively). Intermediate goods posted the highest gain (+ 5.6 percent), followed by capital goods (+3.5 percent) and consumer goods (+2.4 percent).

Compared with the previous month, Mexican trade surplus narrowed 75.8 percent.

Considering the first ten months of 2014, exports increased 4.7 percent over a year earlier to USD 331.092 million and imports grew 4.2 percent to USD 332.711 million. The country’s trade gap narrowed 48.2 percent to USD 1.619 billion.

INEGI | Carolina Cunha | carolina.cunha@tradingeconomics.com
11/26/2014 4:14:31 PM


Recent Releases

Mexico Trade Surplus Narrows in September
Mexican trade surplus decreased to USD 0.590 billion in September of 2014 from a USD 0.651 billion surplus a year earlier, as imports increased slightly more than exports. Yet, it is the first surplus in three months. Published on 2014-10-27

Mexico Posts Trade Deficit in August
Mexican trade balance turned into a USD 1.12 billion deficit in August of 2014. It is second consecutive monthly shortfall and compares with a USD 0.22 billion gap a year earlier. Exports rose at a slower pace than imports hurt by a drop in oil sales. Published on 2014-09-26


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-09-26 02:00 PM
Balance of Trade  Aug 2014
$-1.123B $ -0.98B $ -0.744B $ -0.5B
2014-10-27 02:00 PM
Balance of Trade  Sep 2014
$0.590B $-1.123B $ -0.32B $ -0.4B
2014-11-26 02:00 PM
Balance of Trade  Oct 2014
$0.143B $0.590B $ -0.1B
2014-12-26 02:00 PM
Balance of Trade  Nov 2014
$0.143B -164.02


Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade 143.00 590.00 1710.25 -3292.30 USD Million [+]
Exports 37086.12 34255.81 37086.12 1225.59 USD Million [+]
Imports 36943.16 33665.68 36943.16 647.01 USD Million [+]
Current Account -2702.33 -7653.81 2173.78 -7908.41 USD Million [+]
Current Account to GDP -1.80 -1.20 3.40 -6.10 percent [+]
External Debt 1897.18 1924.43 1924.43 0.70 MXN Billion [+]
Terms of Trade 55.84 56.70 106.34 44.60 Index Points [+]
Foreign Direct Investment 2303917.50 7428593.30 18907245.60 -127118.20 USD Thousand [+]
Remittances 1957.65 2004.18 2637.71 248.06 USD Million [+]
Tourist Arrivals 821.82 1190.24 1704.46 0.00 Thousand [+]
Gold Reserves 123.34 122.75 125.34 2.54 Tonnes [+]
Crude Oil Production 2427.00 2476.00 3547.00 1977.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2261.00 Sep/14 -1013.00 2227.00 -3892.00 AUD Million [+]
Brazil -1177.00 Oct/14 -939.00 5659.37 -4058.14 USD Million [+]
Canada 710.00 Sep/14 -463.00 8524.80 -2902.90 CAD Million [+]
China 454.05 Oct/14 309.43 498.30 -319.71 USD Hundred Million [+]
Euro Area 18486.50 Sep/14 8632.50 21553.00 -16638.00 EUR Million [+]
France -4715.00 Sep/14 -5025.00 2674.00 -7086.00 EUR Million [+]
Germany 21900.00 Sep/14 14100.00 23400.00 -535.91 EUR Million [+]
India -13350.00 Oct/14 -14247.42 258.90 -20210.90 USD Million [+]
Indonesia -270.30 Sep/14 -312.00 4641.92 -2329.13 USD Million [+]
Italy 2014.00 Sep/14 2056.00 6923.00 -6389.30 EUR Million [+]
Japan -709.99 Oct/14 -958.30 1608.67 -2795.04 JPY Billion [+]
Mexico 143.00 Oct/14 590.00 1710.25 -3292.30 USD Million [+]
Netherlands 3498.00 Sep/14 2848.00 4948.70 -907.60 EUR Million [+]
Russia 12953.00 Sep/14 15848.00 20356.00 -185.00 USD Million [+]
South Korea 7500.00 Oct/14 3430.00 7500.00 -4043.45 USD Million [+]
Spain -2373700.00 Sep/14 -2771962.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3255.00 Oct/14 2489.00 3901.00 -1478.68 CHF million [+]
Turkey -6252.00 Oct/14 -6925.00 24.51 -10453.06 USD Million [+]
United Kingdom -2838.00 Sep/14 -1768.00 2946.00 -5269.00 GBP Million [+]
United States -43030.00 Sep/14 -39990.00 1946.00 -67823.00 USD Million [+]