mexico balance of trade

Mexico Trade Balance Swings to Deficit in December Mexico recorded a trade deficit of USD 927 million in December of 2015, compared to a USD 283 million surplus a year earlier and above market expectations of USD 644 million gap. . 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). The trade deficit in goods with China improved from $418.95 billion to $345.2 billion.That's an improvement of $73.75 billion. Mexico's trade balance shifted to a USD 5,799 million surplus in July 2020 from a USD 1,290 million deficit in the same month of the previous year. Direct access to our calendar releases and historical data. Mexico posted a USD 790.4 billion trade surplus in November of 2019, compared to a USD 2.3 billion gap a year earlier. Quarterly balance of payments for Mexico, in U.S. dollars: exports of goods and services, imports of goods and services, net income receipts, net receipts from current transfers, and the capital account (liabilities and assets) broken down into: external indebtedness, foreign direct investment, portfolio investment, and changes in international reserves. As últimas informações abrangentes para - México Balance of Trade - incluindo as últimas notícias, tabela de dados históricos, gráficos e muito mais. Mexico – US Balance of Trade Download our newsletter in PDF: Trading Room As reported in a news portal, in 2019 Mexico surpassed China in the commercial exchange with the US, taking into account imports and exports according to US figures. Mexico's main exports are manufactured products (89 percent of total shipments) and oil and oil products (6 percent). The balance of trade measures a flow of exports and imports over a given period of time. In 2018, Mexico's exports per capita were $3.5k and its imports per capita were $3.3k. Exports dropped by 9.3 percent mainly due to lower oil sales, while imports fell at a slower 5.8 percent. The maximum value was 6116 USD Million and minimum was -4625 USD Million. Non-oil exports to the US went up 5.8 percent, in particular other goods (9 percent) and automotive (0.2 percent). A trade deficit of $68.2 billion with Germany is the third largest trade deficit of the U.S. The country exported 1.051 million barrels of crude oil per day, lower than 1.079 million barrels a year earlier, while the price was USD 36.40 per barrel, $21.38 below the price in June 2019. 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). Table reflects only those months for which there was trade. As a result, Mexico became the main trading partner of the US in 2019; accordingly, […] Exports crashed 56.7% year-on-year in May, marking a new record-breaking drop after April had already registered a record 40.9% fall. Data are in current U.S. dollars. Exports dropped at a slower 8.9 percent to USD 35,662 million, as sales declined for both oil (-36.5 percent) and non-oil products (-7.2 percent). The country exported 1.190 million barrels of crude oil per day, higher than 1.081 million barrels a year earlier, while the price was USD 39.52 per barrel, $9.99 below the price in August 2019. This deficit is significantly smaller than that of China’s at just $81 billion. Considering the first eight months of the year, the country recorded a USD 14.57 billion surplus. "For July, the deficit with China in goods totaled $31.6 billion, an 11.5% increase from the June imbalance," AP noted. 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