Mexico city at goldenhour

Mexico Merchandise Exports

Mexico Merchandise Exports

Merchandise Exports in Mexico

Merchandise exports were worth USD 617 billion in 2024 in Mexico compared to USD 397 billion ten years earlier, and averaged USD 470 billion over the last decade. For more exports information, visit our dedicated page.

Mexico Merchandise Exports Chart

Note: This chart displays Exports (USD billion) for Mexico from 2014 to 2024.
Source: Macrobond.

Mexico Merchandise Exports Data

2020 2021 2022 2023 2024
Merchandise Exports (USD bn) 417 495 578 593 617
Merchandise Exports (ann. var. %) -9.4 18.6 16.7 2.6 4.1

Merchandise exports fall in May

Latest reading: Merchandise exports fell 0.3% year-on-year in May, contrasting April’s 5.8% increase, due to declines in oil and car exports. Meanwhile, merchandise imports expanded 1.4% over the same month last year in May (April: -1.2% yoy). As a result, the merchandise trade balance improved from the previous month, recording a USD 1.0 billion surplus in May (April 2025: USD 0.1 billion deficit; May 2024: USD 2.0 billion surplus). Lastly, the trend pointed down, with the 12-month trailing merchandise trade balance recording a USD 1.7 billion deficit in May, compared to the USD 0.8 billion deficit in April.

Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Mexican merchandise exports projections for the next ten years from a panel of 17 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise exports forecast available for Mexican merchandise exports.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Mexican merchandise exports projections.

Want to get access to the full dataset of Mexican merchandise exports forecasts? Send an email to info@focus-economics.com.

Latest Global Trade News

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Email Team Member Linkedin Team Member 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 X Fullscreen Line Chart Globe Download Share