Search Icon
FXEMPIRE
icon
Advertisement
Advertisement

Search Indicator:

Choose Country
icon
Choose Indicator
icon

Mexico Balance of Trade

Last Release
Dec 31, 2024
Actual
2,567
Units In
USD Million
Previous
-133
Frequency
Monthly
Next Release
Feb 27, 2025
Time to Release
29 Days 11 Hours
Highest
Lowest
Average
Date Range
Source
6,256.09
Oct 2020
-6,286
Jan 2022
-299.63 USD Million1980-2024N/A
Mexico's main exports are manufactured products (89 percent of total shipments) and oil and oil products (6 percent). Main imports are: metallic products, machinery and equipment (53 percent of total purchases), oil products (10 percent) and agricultural goods (3 percent). The country's top trading partner is the United States (80 percent of total exports and 46 percent of total imports). Others include: China, Japan and Germany. In 2017, trade between Mexico and the United States reached USD 522 billion, with Mexico posting a surplus of near USD 132 billion. Main exports to US include: other parts and accessories of vehicles (14 percent of total sales); trucks, buses and special purpose vehicles (10 percent); passenger cars (10 percent); computers (6 percent); telecommunication equipment (5 percent). Main imports from the United States are: other parts and accessories of vehicles (8 percent of total imports); electric apparatus (7 percent); petroleum products (6 percent) and computer accessories (6 percent). .

Latest Updates

Mexico recorded a trade surplus of $2.6 billion in December of 2024, firmly above market expectations of $1.5 billion but narrowing sharply from the $4.3 billion in the corresponding period of the previous year. Imports expanded by 9.1% annually to $49.1 billion in the period, carried by a surge in petroleum goods (15% to $3.2 billion) and higher non-petroleum goods (8.8% to $45.9 billion), which were supported by non-petroleum intermediate goods (11.9% to $34.7 billion). On the other hand, exports rose by a softer 4.9% annually to $51.7 billion, as the sharp expansion in sales of extractive goods (57.1% to $1.2 billion) and manufacturing goods (4.9% to $46.2 billion) were offset by a sharp contraction for petroleum goods (-16% to $2.2 billion). For the full 2024, Mexico posted a trade deficit of $8.2 billion, 50% wider than that of 2023.

Mexico Balance of Trade History

Last 12 readings

Trade With A Regulated Broker