Mexico city at goldenhour

Mexico Trade Balance February 2021

Mexico: Merchandise exports contract at a milder rate in February

Merchandise exports fell 1.1% year-on-year in February (January: -2.6% year-on-year), driven by lower non-oil exports. In contrast, oil exports expanded robustly. Meanwhile, merchandise imports inched down 0.6% over the same month last year in February (January: -5.9% yoy).

As a result, the merchandise trade balance improved from the previous month, recording a USD 2.7 billion surplus in February (January 2021: USD 1.2 billion deficit; February 2020: USD 2.9 billion surplus). Lastly, the trend pointed down, with the 12-month trailing merchandise trade balance recording a USD 35.5 billion surplus in February, compared to the USD 35.7 billion surplus in January.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest