Mexico Balance of Trade

Last Release

Jun 30, 2025

Actual

514

Units In

USD Million

1,232

Frequency

Monthly

Next Release

Aug 27, 2025

Time to Release

28 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
6,256.09 Oct 2020	-6,286 Jan 2022	-291.3 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 recorded a trade surplus of $514 million in June 2025, rebounding from a $2.41 billion deficit a year earlier but falling short of market expectations for a $610 million surplus. Exports rose 10.6% year-on-year to $54 billion, driven by a 12.4% increase in non-oil goods, including a 13.5% surge in manufactured products and a 4.5% gain in auto shipments. To the US, non-oil exports rose 15%, including autos (+6%). In contrast, oil exports slumped 30.4%, while agricultural (-2.2%) and extractive (-5.5%) goods also declined. Imports climbed to $53.5 billion from $51.2 billion, mainly due to higher non-oil purchases (5.3%), led by consumer (5.3%) and intermediate goods (7.1%). However, imports of capital goods dropped 8.4%, and oil imports fell 5.4%, with oil consumer goods plunging 21.2%.