Trade Balance in Mexico

Mexico Trade Balance | Economic News & Forecasts

Mexico - Trade Balance

Trade deficit narrows in September

Merchandise trade recorded a USD 0.2 billion deficit in September, down significantly from the USD 1.9 billion shortfall registered in the same month a year ago. Moreover, the result was considerably smaller than the revised USD 2.6 billion deficit recorded in August (previously reported: USD 2.9 billion).

Export growth on an annual basis accelerated to 11.9% from 11.0% in August, boosted by stronger manufacturing gains. Import growth, meanwhile, moderated to 6.4% year-on-year—from 9.4% in August—on sizably weaker consumer-good imports.

The 12-month trailing trade deficit narrowed to USD 12.1 billion from USD 13.8 billion in August.

Panelists surveyed for this month’s LatinFocus report expect exports to reach USD 472 billion in 2019, which would represent a 6.3% year-on-year expansion. Meanwhile, imports are expected to grow 6.6% and reach USD 486 billion. For 2020, the panel expects exports to expand 8.7% and imports to expand 9.1%.

Mexico - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-1.2  -3.1  -14.7  -13.1  -11.0  

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Mexico Trade Balance Chart


Mexico Trade
Note: Trade balance in USD billion.
Source: Mexico National Statistical Institute (INEGI).

Mexico Facts

ValueChangeDate
Bond Yield9.04-0.24 %Nov 13
Exchange Rate20.49-0.29 %Nov 13
Stock Market42,4210.12 %Nov 13

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