Mexico recorded a trade surplus of 1029 USD Million in May of 2025. This dataset provides the latest reported value for - Mexico Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows the trade balance of goods (exports minus imports of goods) in Mexico from 2013 to 2023. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2023, the trade deficit of goods in Mexico amounted to about 28.46 billion U.S. dollars.

Key information about Mexico's Trade Balance

• Mexico's Trade Balance recorded a deficit of 423.4 USD mn in Jan 2025, compared with a deficit of 680.8 USD mn in the previous month
• Mexico's Trade Balance data is updated monthly, available from Jan 1993 to Jan 2025, with an averaged value of -550.2 USD mn
• The data reached an all-time high of 7.1 USD bn in Aug 2020 and a record low of -5.2 USD bn in Jul 2022

• In the latest reports, Mexico's Total Exports reached 51.9 USD bn in Jan 2025, an increase of 6.5% YoY (year-on-year)
• Total Imports recorded 52.3 USD bn in Jan 2025, an increase of 6.5% YoY (year-on-year)

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Mexico (XTNTVA01MXA667S) from 1980 to 2024 about Mexico, trade, Net, and goods.

Based on foreign trade balance, the United States was by far Mexico's main trading partner in 2023. That year, Mexico's exports of goods to the U.S. exceeded its imports by about *** billion U.S. dollars. Canada came in second, registering a trade value of around **** billion dollars.

Mexico trade balance for 2023 was -21.37 billion US dollars, a 50.07% decline from 2022.

<ul style='margin-top:20px;'>

<li>Mexico trade balance for 2022 was <strong>-42.80 billion US dollars</strong>, a <strong>68.36% increase</strong> from 2021.</li>
<li>Mexico trade balance for 2021 was <strong>-25.42 billion US dollars</strong>, a <strong>240.31% decline</strong> from 2020.</li>
<li>Mexico trade balance for 2020 was <strong>18.12 billion US dollars</strong>, a <strong>445.03% decline</strong> from 2019.</li>
</ul>External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Mexico Trade Balance: sa: Excluding Oil Products data was reported at 927.880 USD mn in Feb 2019. This records an increase from the previous number of 767.778 USD mn for Jan 2019. Mexico Trade Balance: sa: Excluding Oil Products data is updated monthly, averaging -1.150 USD bn from Jan 1993 (Median) to Feb 2019, with 314 observations. The data reached an all-time high of 1.775 USD bn in Dec 2018 and a record low of -3.140 USD bn in Jul 2008. Mexico Trade Balance: sa: Excluding Oil Products data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.JA003: Trade Statistics: Seasonally Adjusted.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Mexico (XTNTVA01MXQ664S) from Q1 1980 to Q1 2025 about Mexico, trade, Net, and goods.

The United States recorded a trade deficit of 61.62 USD Billion in April of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Colombia Trade Balance: Country: Mexico data was reported at -1.175 USD bn in 2024. This records a decrease from the previous number of -1.092 USD bn for 2023. Colombia Trade Balance: Country: Mexico data is updated yearly, averaging -1.637 USD bn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of -234.720 USD mn in 1999 and a record low of -5.399 USD bn in 2012. Colombia Trade Balance: Country: Mexico data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.JA002: Trade Balance: Annual.

Mexico Trade Balance: sa: Oil Products data was reported at -1.315 USD bn in Feb 2019. This records an increase from the previous number of -1.745 USD bn for Jan 2019. Mexico Trade Balance: sa: Oil Products data is updated monthly, averaging 572.285 USD mn from Jan 1993 (Median) to Feb 2019, with 314 observations. The data reached an all-time high of 2.640 USD bn in Nov 2007 and a record low of -2.482 USD bn in Nov 2018. Mexico Trade Balance: sa: Oil Products data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.JA003: Trade Statistics: Seasonally Adjusted.

In 2023, the net exports of electricity from Mexico amounted to 3.7 petajoules, an increase on the year before. Since 2018, electricity imports to Mexico were larger than electricity exports.

Australia Trade Balance: Services: Mexico data was reported at 124.000 AUD mn in 2023. This records an increase from the previous number of 44.000 AUD mn for 2022. Australia Trade Balance: Services: Mexico data is updated yearly, averaging -5.000 AUD mn from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 124.000 AUD mn in 2023 and a record low of -91.000 AUD mn in 2018. Australia Trade Balance: Services: Mexico data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.TISP: Trade in Services: Trade Balance: by Country: OECD Member: Annual.

The Mexican automotive industry's trade surplus has been growing since 2009. For instance, in 2020, automotive exports from Mexico exceeded the country's imports by approximately 68.6 billion U.S. dollars. This represented a decrease in this sector's foreign trade balance of about 12.7 percent compared to the previous year.

Mexico's total Exports in 2024 were valued at US$618.98 Billion, according to the United Nations COMTRADE database on international trade. Mexico's main export partners were: the United States, Canada and China. The top three export commodities were: Vehicles other than railway, tramway; Electrical, electronic equipment and Machinery, nuclear reactors, boilers. Total Imports were valued at US$625.87 Billion. In 2024, Mexico had a trade deficit of US$6.89 Billion.

In 2024, the United States traded close to ****** billion U.S. dollars’ worth of goods with their neighbor. That year, the U.S. imported more goods from Mexico than it exported, leading to a trade deficit, or negative trade balance. Mexico’s imports from the United States The majority of cosmetics and personal care imports to Mexico originated from the U.S., while other Latin American countries, such as Colombia and Brazil, contributed significantly less in terms of import value. When it comes to apparel items, the United States was also among the leading trade partners for Mexico, although far behind China, where Mexico imported nearly all of its clothes from. Leading product categories Mexico exports to the Unites States The United States is Mexico’s most important trading partner when it comes to the export of cosmetics and personal care products. Canada, as the only other non-Latin American country on the list, was also among the leading export destinations. Furthermore, the United States is the main destination country for Mexico’s apparel exports.

Forecast: Aerospace Industry Trade Balance in Mexico 2023 - 2027 Discover more data with ReportLinker!

As of 2024, the United States had a trade deficit of about *** billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.

MX: Trade Balance: Advanced Economies: Canada data was reported at 2.656 USD bn in 2018. This records an increase from the previous number of 984.761 USD mn for 2017. MX: Trade Balance: Advanced Economies: Canada data is updated yearly, averaging -26.600 USD mn from Dec 1948 (Median) to 2018, with 71 observations. The data reached an all-time high of 2.656 USD bn in 2018 and a record low of -2.907 USD bn in 2008. MX: Trade Balance: Advanced Economies: Canada data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Mexico – Table MX.IMF.DOT: Trade Balance: by Country: Annual.

The statistic shows the trade balance of services (exports minus imports of services) in Mexico from 2013 to 2023. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2023, the estimated trade deficit of services in Mexico amounted to about 18.85 billion U.S. dollars.