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

Mexico recorded a trade surplus of 590 USD Million in September of 2014. Balance of Trade in Mexico averaged -229.94 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
590.00 -1123.00 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 Saturday, November 1, 2014.


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.

Exports increased 9.2 percent year-on-year to USD 34.26 billion. Oil sales fell 7.1 percent while non-oil exports grew 11.6 percent, mainly driven by a 11.2 percent rise in sales of manufactured products. Shipments to the United States rose 14.4 percent and those to the rest of the world increased 0.4 percent

Imports advanced by an annual 9.6 percent to USD 33.66 billion in August. Purchases of capital goods rose the most on the year (11 percent), followed by intermediate goods (10.3 percent) and consumption goods (5.4 percent).

Considering the first nine months of 2014, exports increased 4.6 percent over a year earlier and imports grew 4.1 percent. The country’s trade gap narrowed to USD 1.76 billion. 

INEGI | Ricardo Martins | ricardo.martins@tradingeconomics.com
10/27/2014 2:54:36 PM


Recent Releases

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

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. Published on 2014-08-27


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
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 $-1.123B $ -0.98B $ -0.744B $ -0.5B
2014-10-27 02:00 PM Mexico
Balance of Trade
Sep 2014 $0.590B $-1.123B $ -0.32B $ -0.4B
2014-11-26 02:00 PM Mexico
Balance of Trade
Oct 2014 $0.590B $ -0.4B


Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade 590.00 -1123.00 1710.25 -3292.30 USD Million [+]
Exports 34255.81 33360.52 35082.30 1225.59 USD Million [+]
Imports 33665.68 34483.63 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 1897.18 1924.43 1924.43 0.70 MXN Billion [+]
Terms of Trade 56.67 57.39 106.34 44.60 Index Points [+]
Foreign Direct Investment 2303917.50 7428593.30 18907245.60 -127118.20 USD Thousand [+]
Remittances 2010.43 1998.00 2637.71 248.06 USD Million [+]
Tourist Arrivals 1190.24 1489.63 1704.46 0.00 Thousand [+]
Gold Reserves 123.34 122.75 125.34 2.54 Tonnes [+]
Crude Oil Production 2476.00 2530.00 3547.00 1977.00 BBL/D/1K [+]