Mexico Balance of Trade  1980-2016 | Data | Chart | Calendar | Forecast

Mexico trade deficit narrowed by 52.6 percent year-on-year to USD 527 million in May of 2016 from a USD 1113.3 million gap a year earlier. Exports rose 0.3 percent to USD 31.3 billion while imports fell by 1.6 percent to USD 31.9 billion. Considering the first five months of the year, exports decreased by 5 percent while imports dropped 2.9 percent. Balance of Trade in Mexico averaged -270.17 USD Million from 1980 until 2016, reaching an all time high of 1710.25 USD Million in March of 2013 and a record low of -3441.04 USD Million in January of 2016. 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
-527.00 -2079.60 1710.25 -3441.04 1980 - 2016 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. Mexico Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-26 01:00 PM Mar $155M $-725M $-200M $ -773.7M
2016-05-25 01:00 PM Apr $-2080M $155M $-570M $ 400M
2016-06-27 01:00 PM May $-527M $-2079M $-1000M
2016-07-26 01:00 PM Jun $-527M $ -1100M
2016-08-26 01:00 PM Jul $ -1531.6M
2016-09-27 01:00 PM Aug $ -826.8M

Mexico Trade Gap Narrows In May


Mexico trade deficit narrowed by 52.6 percent year-on-year to USD 527 million in May of 2016 from a USD 1113.3 million gap a year earlier as exports rose, while while imports fell. Considering the first five months of the year, exports decreased by 5 percent while imports dropped 2.9 percent.

Year-on-year, exports increased 0.3 percent to USD 31.3 billion as non oil shipments rose 2.6 percent mainly due to manufacturing (+2.4 percent) and agricultural goods (+8.5 percent) while mining goods fell (-10 percent). Imports went down by 1.6 percent to USD 31.9 billion due to lower purchases of intermediate goods (-0.8 percent), consumer goods (-4 percent) and capital goods (-4 percent). 

On a monthly basis trade gap narrowed from a USD 2080 million deficit in April.

INEGI | Francisco Caeiro | francisco.caeiro@tradingeconomics.com
6/27/2016 4:00:55 PM

Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade -527.00 -2079.60 1710.25 -3441.04 USD Million [+]
Exports 31324.87 30415.76 36879.40 1225.59 USD Million [+]
Imports 31852.31 32495.32 36943.16 647.01 USD Million [+]
Current Account -6991.43 -7697.89 2173.77 -9546.73 USD Million [+]
Current Account to GDP -2.80 -1.90 3.40 -6.10 percent [+]
External Debt 2993.27 3006.48 3078.71 0.70 MXN Billion [+]
Terms of Trade 46.00 46.05 106.34 43.46 Index Points [+]
Foreign Direct Investment 7896000.00 4891361.20 20994535.70 -63900.00 USD Thousand [+]
Remittances 2477.83 2173.35 2637.71 248.06 USD Million [+]
Tourism Revenues 1503901.39 1598794.63 1919962.50 158919.00 USD Thousand [+]
Tourist Arrivals 1522.64 1588.58 2318.95 56.59 Thousand [+]
Gold Reserves 121.11 121.45 125.35 2.55 Tonnes [+]
Crude Oil Production 2249.00 2247.00 3547.00 1977.00 BBL/D/1K [+]
Terrorism Index 3.99 3.99 4.51 1.35 [+]
Capital Flows 7435.34 11296.50 27291.90 -9885.94 USD Million [+]




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