Mexico Balance of Trade

Last Release

May 31, 2025

Actual

1,029

Units In

USD Million

-88

Frequency

Monthly

Next Release

Jul 28, 2025

Time to Release

30 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
6,256.09 Oct 2020	-6,286 Jan 2022	-293.15 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

México's trade surplus narrowed to $1.03 billion in May 2025 from $1.99 billion a year earlier, above market expectations of $0.37 billion. Exports slipped 0.4% year-on-year to $55.48 billion, weighed by a 35.2% drop in oil exports and declines in agricultural (-6.6%) and vehicle (-9%) shipments. In contrast, manufactured goods rose 1.5%, and other non-oil exports increased 7.4%, lifting total non-oil exports by 1.8%. Imports rose 1.4% to $54.45 billion, driven by a 28.9% jump in oil purchases and a 4% rise in intermediate goods. Non-oil imports edged down 0.3%, while consumer (-0.5%) and capital goods (-15%) also declined.