Mexico Balance of Trade

Mexico recorded a trade surplus of 1705.99 USD Million in March of 2013. Balance of Trade in Mexico is reported by the Instituto Nacional de Estadística y Geografía. Historically, from 1980 until 2013, Mexico Balance of Trade averaged -230.65 USD Million reaching an all time high of 1705.99 USD Million in March of 2013 and a record low of -3292.31 USD Million in October of 2008. Mexico’s main exports are automobiles and related products (24 percent of total exports), oil and oil products (14 percent) and agricultural products (3 percent). Main imports are: metallic products, machinery and equipment (50 percent of total imports), mining products (13 percent), chemical products (6.3 percent). Mexico´s main trading partner is the United States (78 percent of total exports and 51 percent of imports). Others include: Canada, China and Japan. This page includes a chart with historical data for Mexico Balance of Trade.

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Mexico Balance of Trade
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Mexico Trade Surplus Widens In March
Duarte Ricardo | duarte.ricardo@tradingeconomics.com  |  4/26/2013 7:01:37 PM


According to a release by the National Statistics Institute, Mexico posted a trade surplus of $1714 million in March.

In March, Mexico´s trade surplus widened 8.8 percent to $1714million from the $1575 million registered in March of 2012, as imports fell more than exports.

In March, Mexico´s exports were worth $31834 million of which $4201 million accounted for oil exports. On a year over year basis, exports decreased 1.8 percent mostly due to 19.8 percent decline in oil exports. Manufacturing exports increased 2 percent to $26065 million, with automative exports rising 9 percent and non-automative exports falling 1.3 percent. Agricultural exports declined 3 percent to $1121 million.

In March, Mexico´s imports were worth $30120 million, a drop of 2.3 percent from March of 2012.

In the first quarter of 2013, Mexico recorded a trade deficit of $1106 million.
 
 

ARCHIVE
Mexico Posts Trade Surplus in February
According to a release by the National Statistics Institute, Mexico´s trade balance registered a surplus of $46 million in February of 2013. 2013-03-27

Mexico Trade Deficit Narrows in November
According to a release by the National Statistics Institute, trade balance in November of 2012 shows a deficit of $1.27 billion in comparison to the $0.2 billion deficit in the same month of 2011. 2012-12-27

Mexico Posts Trade Deficit In January
According to a release by the National Statistics Institute, Mexico´s trade balance registered a deficit of $2879 million in January of 2013. 2013-02-26

Mexico Reports Trade Deficit in October
Mexico reported a trade deficit of $1.65 billion in October of 2012 according to a release from the National Statistics Institute. 2012-12-14

Mexico Posts Trade Surplus in December
According to a release by the National Statistics Institute, the trade balance in December of 2012 shows a surplus of $962 million in comparison to the $0.6 million deficit in the same month of 2011. 2013-01-25




Balance of Trade | Notes

The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period of time. A positive balance of trade is known as a trade surplus and occurs when value of exports is higher than that of imports; a negative balance of trade is known as a trade deficit or a trade gap.






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