Mexican exports trend: 4 consecutive years of growth
The mexican exports trend shows a growth of four continuous years, from 2020 to 2024. On a global scale, Mexico ranked ninth among the largest exporters of goods in 2023. Around 80% of these foreign sales are directed to the United States, with whom the Mexican economy has liberalized its foreign trade. Mexican exports trend […]
Mexico’s imports rose 19.6% in 2022
Mexico‘s imports registered a year-on-year increase of 19.6 percent in 2022, to 604,614.6 million dollars, Inegi reported Friday. In particular, in December 2022, total merchandise imports showed a seasonally adjusted monthly increase of 2.72 percent. This variation originated from increases of 1.87 percent in non-oil imports and 10.60 percent in oil imports. By type of […]
Oil and non-oil imports to Mexico
Oil imports to Mexico totaled 5,310.2 million dollars in October 2022, which reflects a growth of 13.5% inter-annual, informed inegi. The main market for Mexican hydrocarbons is almost exclusively the United States. However, the petroleum derivatives that Mexico imports most are gasoline, diesel and liquefied petroleum gas (LPG). Eight out of ten households use LPG […]
Imports from Mexico increase 32% in 2021
Imports from Mexico totaled 505,715.6 million dollars in 2021, which represented an increase of 32.1% year-on-year, reported the Inegi. Within it, non-oil imports grew at an annual rate of 28.5% and oil imports at 71.5 percent. The structure of the value of imports in 2021 was as follows: intermediate-use goods 79.7%, consumer goods 12.3% and […]
Imports from Mexico rise 43% in August: Inegi
Imports from Mexico rose 43% in August, to 40.313 million dollars, informed the Inegi. This figure was a reflection of increases of 37.5% in non-oil imports and 113.5% in oil imports. When considering Mexico’s imports by type of good, annual increases of 43.9% were observed in imports of consumer goods, 44.5% in intermediate-use goods and […]
Mexico increased its automotive exports benefited by prices
Mexico increased its automotive exports in the second quarter of 2021 benefiting from prices, Banxico said. In the second quarter of 2021, the value of manufacturing exports, both automotive and non-automotive, showed moderate growth compared to the previous quarter. In particular, the increase in the value of automotive exports originated in a context of higher […]
Mexican imports of products increased 50.6% in July
Mexican imports were 44.951 million dollars in July, which represented an annual increase of 50.6%, informed the Inegi. Mexico is the second largest economy in Latin America behind Brazil. Likewise, Mexico outperforms its Latin American peers in measures of creditworthiness and business climate. While per capita income is in line with the regional average, growth […]