Mexico Balance of Trade

Last Release

Aug 31, 2025

Actual

-1,944

Units In

USD Million

-17

Frequency

Monthly

Next Release

Oct 27, 2025

Time to Release

29 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
6,256.09 Oct 2020	-6,286 Jan 2022	-293.81 USD Million	1980-2025	N/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 posted a $1.94 billion trade deficit in August 2025, narrowing from a $2.12 billion gap a year earlier but above market forecasts of $1.2 billion. Exports rose 7.4% year-on-year to $55.7 billion, driven by an 8.9% increase in non-oil shipments, while oil exports fell 26.3%. Manufactured exports climbed 9% to $51.7 billion, led by machinery and specialized equipment (69.3%). Extractive exports surged 41.3% to $1.1 billion. In contrast, agricultural exports fell 14.3% to $1.2 billion, with sharp drops in tomatoes (–26.9%) and chickpeas (–23.8%). Imports edged down 0.2% to $57.7 billion, with capital goods down 7.4% and consumption goods down 5.8%, reflecting steep declines in oil-related products. Intermediate goods imports rose 1.8%, supported by a 2.3% increase in non-oil goods.