Latest reading: In October, the trade balance was USD +22.6 billion, following a USD +12.4 billion reading in the previous...
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 2025.
Source: Macrobond.
Mexico Merchandise Exports Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Exports (USD bn) | 417 | 495 | 578 | 593 | 618 |
| Merchandise Exports (ann. var. %) | -9.4 | 18.6 | 16.7 | 2.6 | 4.2 |
Merchandise trade deficit widens in September
Latest reading: In September, the trade balance was USD -2.4 billion, following a USD -1.9 billion reading in the previous month. Over the last 12 months, the trade balance summed to USD -2.0 billion. Exports rose 13.8% in year-on-year terms in September, coming on the back of 7.4% growth in the prior month and driven by higher sales of mining and manufactured goods—excluding vehicles. Imports were up 15.2% in year-on-year terms in September, following a 0.1% fall in the previous month.
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 19 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
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Taiwan: Exports surge again in October -
China: Exports decline in October Latest reading: In October, the trade balance was USD +90.1 billion, following a USD +90.4 billion figure in the previous... -
Mexico: Merchandise trade deficit widens in September Latest reading: In September, the trade balance was USD -2.4 billion, following a USD -1.9 billion reading in the previous... -
Japan: Merchandise exports rise for first time since April in September Latest reading: In September, the trade balance was JPY -0.2 trillion, following a JPY -0.3 trillion reading in the prior... -
Argentina: Merchandise trade surplus narrows in September Latest reading: In September, the trade balance was USD +0.9 billion, following a USD +1.4 billion figure in the prior... -
India: Merchandise trade deficit increases in September Latest reading: In September, the trade balance was USD -32.1 billion, following a USD -26.5 billion figure in the previous... -
China: Merchandise exports beat expectations in September Latest reading: In September, the trade balance was USD +90.4 billion, following a USD +102.3 billion figure in the previous...