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

Mexico recorded a trade deficit of 1123 USD Million in August of 2014. Balance of Trade in Mexico averaged -231.91 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
-1123.00 -979.88 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 Tuesday, October 21, 2014.


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.

Exports rose 2.1 percent year-on-year to USD 33.36 billion. Oil sales shrank 10.6 percent while non-oil exports increased 4 percent. Shipments to the United States rose 7.2 percent and those to the rest of the world fell 8.4 percent. 

Imports advanced by an annual 4.8 percent to USD 34.48 billion in August. Purchases of intermediate goods rose the most on the year (6.3 percent), followed by imports of consumption goods (0.6 percent) while those of capital goods dropped 0.3 percent. 

Joana Taborda | joana.taborda@tradingeconomics.com
9/26/2014 2:10:02 PM


Recent Releases

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

Mexican Trade Surplus Widens in June
Mexico's trade surplus increased to USD 424 million in June of 2014 from USD 132 million in May, but narrowed from a USD 920 million surplus a year earlier. In the first half of 2014, the country posted a USD 249 million trade deficit. Published on 2014-07-25


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-06-27 02:00 PM Mexico
Balance of Trade
May 2014 $ 0.132B $ 0.510B $ 0.700B $ -0.1B
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 $-1.123B $ -0.4B


Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade -1123.00 -979.88 1710.25 -3292.30 USD Million [+]
Exports 33360.52 33710.90 35082.30 1225.59 USD Million [+]
Imports 34483.63 34690.78 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 1879.16 1862.53 1893.53 0.70 MXN Billion [+]
Terms of Trade 57.60 57.18 106.34 44.60 Index Points [+]
Foreign Direct Investment 2303917.50 7428593.30 18907245.60 -127118.20 USD Thousand [+]
Remittances 2037.79 2146.70 2637.71 248.06 USD Million [+]
Tourist Arrivals 1394.46 1201.06 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 [+]