Mexico Exports

Exports in Mexico increased to 30519.81 USD Million in February of 2014 from 27038.46 USD Million in January of 2014. Exports in Mexico is reported by the Instituto Nacional de Estadística y Geografía (INEGI). Exports in Mexico averaged 11259.08 USD Million from 1980 until 2014, reaching an all time high of 35088.19 USD Million in October of 2013 and a record low of 1225.59 USD Million in February of 1980. Mexico has an export oriented economy. In recent years, the exports of automobiles and related products have been gaining importance and now accounts for 24 percent of total shipments. Other exports include: oil and oil products (14 percent) and agricultural products (3 percent). Mexico´s main export partner is the United States (78 percent) followed by Canada (3 percent). This page provides - Mexico Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
30519.81 27038.46 35088.19 1225.59 31878.59 | 2014/03 1980 - 2014 USD Million Monthly

TO

Mexico Exports
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-02-26 02:00 PM Mexico
Exports
Jan 2013 USD 27287M USD 30169M
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Trade Last Previous Highest Lowest Forecast Unit
Current Account to GDP -0.82 2012-12-31 -0.80 3.40 -6.10 -1.06 2013-12-31 Percent [+]
Crude Oil Production 2580.00 2013-10-15 2563.00 3547.00 1977.00 Thousands Barrels per Day [+]
External Debt 1850.89 2014-01-31 1731.87 1850.89 0.70 1716.34 2014-01-31 MXN Billion [+]
Foreign Direct Investment 5419364.90 2013-11-15 3181120.40 18907245.60 -127118.20 7607640.82 2014-03-31 USD Thousand [+]
Remittances 1677.26 2014-02-15 1590.23 2637.71 248.06 1833.79 2014-03-31 USD Million [+]
Terms of Trade 56.24 2014-02-15 56.20 106.34 44.60 56.66 2014-03-31 Index Points [+]
Tourist Arrivals 1304.28 2014-02-15 1429.31 1704.46 0.00 Thousand [+]
Balance of Trade 976.34 2014-02-15 -3195.07 1752.97 -3292.31 26.78 2014-03-31 USD Million [+]
Exports 30519.81 2014-02-15 27038.46 35088.19 1225.59 31878.59 2014-03-31 USD Million [+]
Imports 29543.47 2014-02-15 30233.53 35564.84 647.02 31536.90 2014-03-31 USD Million [+]
Current Account -4660.33 2013-11-15 -5457.09 2173.78 -7908.41 -5423.03 2014-03-31 USD Million [+]
[+]


Exports | Notes
Exports measure the amount of goods or services that domestic producers provide to foreign consumers by. It is a good that is sent to another country for sale. In the past, export of commercial quantities of goods normally required involvement of the customs authorities in both the country of export and the country of import. More recently, with the advent of small trades over the internet such as through Amazon and e-Bay, exports have largely bypassed the involvement of Customs in many countries due to the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.


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Mexico Inflation Rate Decelerates in March  
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Mexico Trade Balance Returns to Surplus  
In February of 2014, Mexico posted a USD 976 million trade surplus, after recording in January the highest deficit on record. The figure compares with a USD 80 million surplus in the same month last year.
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Mexican jobless rate decreased to 4.65 percent in February of 2014 from 5.05 percent in January. A year ago, the unemployment rate was recorded at 4.85 percent.
Mexico Leaves Monetary Policy on Hold  
At its March 21st, 2014 meeting, Bank of Mexico left the overnight interbank rate steady at 3.5 percent for the third straight meeting, as it considers that the current policy stance remains appropriate to reach the 3 percent inflation target.
Mexico Inflation Rate Slows in February  
Mexican consumer prices rose by an annual 4.23 percent in February, down from 4.48 percent in January, as the effects of new taxes eased. A year earlier, the inflation was recorded at 3.55 percent.
Mexico Posts Record Trade Deficit in January  
In January of 2014, Mexican trade balance posted a USD 3.195 billion deficit, the highest trade deficit on record and mainly due to a fall in oil exports.
Mexico Unemployment Rate Rises in January  
In January of 2014, Mexican jobless rate edged up to 5.05 percent, after falling in December last year to a 5-year low at 4.25 percent.
Mexican Economy Slows in Q4  
Mexico’s GDP growth slowed in the last quarter of 2013 hurt by a drop in industrial production. The economy advanced a meager 0.2 percent on a quarter-on-quarter seasonally adjusted basis, down from a revised 0.95 percent growth rate in the previous three-month period.
Mexico GDP Growth Disappoints in Q4  
In the last three months of 2013, Mexican economy slowed for the second straight quarter expanding only 0.7 percent over a year earlier, hurt by lower production in agriculture and mining.
Mexico Annual Inflation Rate Hits 7-month High in January  
Mexican consumer prices rose 4.48 percent in the year through January up from 4 percent reported in December. During the month prices increased 0.89 percent.
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