Mexico Balance of Trade 1980-2015 | Data | Chart | Calendar | Forecast

Mexico recorded a trade deficit of 2267 USD Million in July of 2015. Balance of Trade in Mexico averaged -241.89 USD Million from 1980 until 2015, 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
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Actual Previous Highest Lowest Dates Unit Frequency
-2267.00 -749.00 1710.25 -3292.30 1980 - 2015 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 the latest reported value for - Mexico Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Content for - Mexico Balance of Trade - was last refreshed on Monday, August 31, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-26 02:00 PM May $-1017M $-85M $ -125M $ -99M
2015-07-27 02:00 PM Jun $-0.749B $-1017M $ -504M $ -1500M
2015-08-27 02:00 PM Jul $-2267M $-749M $-758.7M
2015-09-25 02:00 PM Aug $-2267M $ -807.4M
2015-10-27 02:00 PM Sep $ -528.5M
2015-11-27 02:00 PM Oct $ -295.5M


Mexico Trade Deficit Widens in July


Mexico recorded a USD 2267 million trade gap in July of 2015, higher than a USD 1197 million deficit a year earlier due to a fall in oil sales.

Exports fell 2.6 percent year-on-year to USD 32.8 billion, dragged down by a 36.8 percent drop in oil sales. In contrast, non-oil shipments increased 1.3 percent. Among non-oil sales, exports of agricultural goods went up 2.3 percent, manufacturing rose 2 percent while mining shrank 48.7 percent. Shipments to the US increased 2.8 percent, following an 8.5 percent rise in June while those to the rest of the world shrank 5.3 percent.

Imports rose 1.1 percent to USD 35.07 billion. Both purchases of intermediate and capital goods rose 1.9 percent each while those of consumption goods fell 3.6 percent.

Joana Taborda | joana.taborda@tradingeconomics.com
8/27/2015 2:45:42 PM


Recent Releases

Mexico Trade Balance Swings to Deficit
Mexico recorded a USD 749 million trade gap in June of 2015 compared to t a USD 385.6 million surplus a year earlier, driven by a surge in consumer imports.
Published on 2015-07-27

Mexico Posts Trade Deficit in May
Mexico recorded a USD 1017 million trade gap in May of 2015 from a USD 131 million surplus a year earlier as exports fell 8.8 percent while imports declined at a slower 5.5 percent.
Published on 2015-06-26

Mexico Posts Trade Deficit in April
The Mexican trade balance swung into a USD 85 million gap in April of 2015 from a USD 499 million surplus a year earlier as exports fell more than imports.
Published on 2015-05-25

Mexico Trade Surplus Narrows in March
Mexican trade surplus shrank to USD 479.8 million in March of 2015 from a USD 948.9 million surplus a year earlier, as imports grew at a faster pace than exports.
Published on 2015-04-27


Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade -2267.00 -749.00 1710.25 -3292.30 USD Million [+]
Exports 32804.23 33840.00 36879.40 1225.59 USD Million [+]
Imports 35071.11 34589.00 36943.16 647.01 USD Million [+]
Current Account -7980.09 -9446.00 2173.77 -9446.00 USD Million [+]
Current Account to GDP -2.10 -1.80 3.40 -6.10 percent [+]
External Debt 2508.01 2467.96 2508.01 0.70 MXN Billion [+]
Terms of Trade 50.20 50.63 106.34 44.59 Index Points [+]
Foreign Direct Investment 5418987.30 7573194.30 20994535.70 -63900.00 USD Thousand [+]
Remittances 2168.28 2198.40 2637.71 248.06 USD Million [+]
Tourist Arrivals 1600.41 1355.86 1952.56 56.59 Thousand [+]
Gold Reserves 122.42 122.73 125.35 2.55 Tonnes [+]
Crude Oil Production 2263.00 2235.00 3547.00 1977.00 BBL/D/1K [+]
Tourism Revenues 1469108.14 1363537.57 1793810.53 158919.00 USD Thousand [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2933.00 Jun/15 -2677.00 2254.00 -4156.00 AUD Million [+]
Brazil 2379.00 Jul/15 4527.00 5659.37 -4058.14 USD Million [+]
Canada -476.00 Jun/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 430.25 Jul/15 465.36 606.19 -319.71 USD Hundred Million [+]
Euro Area 26368.70 Jun/15 18800.00 26368.70 -16748.10 EUR Million [+]
France -2658.00 Jun/15 -3999.00 2674.00 -7086.00 EUR Million [+]
Germany 24038.00 Jun/15 19522.00 24038.00 -535.91 EUR Million [+]
India -12812.46 Jul/15 -10830.00 258.90 -20210.90 USD Million [+]
Indonesia 1330.00 Jul/15 528.00 4641.92 -2329.13 USD Million [+]
Italy 2808.95 Jun/15 4140.00 6923.00 -6389.30 EUR Million [+]
Japan -268.06 Jul/15 -69.00 1608.67 -2795.04 JPY Billion [+]
Mexico -2267.00 Jul/15 -749.00 1710.25 -3292.30 USD Million [+]
Netherlands 4760.00 Jun/15 3280.00 6211.40 -907.60 EUR Million [+]
Russia 11228.00 Jul/15 13775.00 20356.00 -185.00 USD Million [+]
South Korea 7760.00 Jul/15 9980.00 9980.00 -4043.45 USD Million [+]
Spain -2046007.00 Jun/15 -1657308.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3741.00 Jul/15 3509.00 3894.91 -1478.68 CHF million [+]
Turkey -7027.59 Jul/15 -6205.89 24.51 -10453.06 USD Million [+]
United Kingdom -1601.00 Jun/15 -885.00 2946.00 -5397.00 GBP Million [+]
United States -43840.00 Jun/15 -40940.00 1946.00 -67823.00 USD Million [+]