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. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
30519.81 27038.46 35088.19 1225.59 30291.85 | 2014/06 1980 - 2014 USD Million Monthly


Mexico Exports

CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-02-26 02:00 PM Mexico
Jan 2013 USD 27287M USD 30169M

Trade Last Previous Highest Lowest Forecast Unit
Current Account to GDP -0.82 2012-12-31 -0.80 3.40 -6.10 -1.18 2014-06-30 Percent [+]
Crude Oil Production 2580.00 2013-10-15 2563.00 3547.00 1977.00 2529.44 2013-11-30 Thousands Barrels per Day [+]
External Debt 1850.89 2014-01-31 1731.87 1850.89 0.70 1855.42 2014-06-30 MXN Billion [+]
Foreign Direct Investment 5419364.90 2013-11-15 3181120.40 18907245.60 -127118.20 7685311.75 2014-06-30 USD Thousand [+]
Remittances 1677.26 2014-02-15 1590.23 2637.71 248.06 1944.44 2014-06-30 USD Million [+]
Terms of Trade 56.24 2014-02-15 56.20 106.34 44.60 57.38 2014-06-30 Index Points [+]
Tourist Arrivals 1304.28 2014-02-15 1429.31 1704.46 0.00 1341.09 2014-06-30 Thousand [+]
Balance of Trade 976.34 2014-02-15 -3195.07 1752.97 -3292.31 -39.38 2014-06-30 USD Million [+]
Exports 30519.81 2014-02-15 27038.46 35088.19 1225.59 30291.85 2014-06-30 USD Million [+]
Imports 29543.47 2014-02-15 30233.53 35564.84 647.02 31154.98 2014-06-30 USD Million [+]
Current Account -4660.33 2013-11-15 -5457.09 2173.78 -7908.41 -4007.96 2014-06-30 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.


Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Mexico Inflation Rate Decelerates in March  
Mexican annual consumer prices slowed for the second straight month to 3.76 percent in March of 2014, down from 4.23 percent in February. The inflation is now below the central bank’s 4 percent limit.
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.
Mexico Unemployment Rate Falls in February  
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.


US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.

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