Sometimes a distinction is made between a balance of trade for goods versus one for services. Exports fell at a slower 7.7 percent to USD 36.98 billion, as sales dropped for both oil (-11.4 percent) and non-oil products (-7.5 percent). Mexico's trade balance shifted to a USD 4.38 billion surplus in September 2020 from a USD 0.15 billion deficit in the same month of the previous year and above market expectations of a USD 3.795 billion surplus. The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain time period. Main exports to US include: other parts and accessories of vehicles (14 percent of total sales); trucks, buses and special purpose vehicles (10 percent); passenger cars (10 percent); computers (6 percent); telecommunication equipment (5 percent). Considering the January-October period, the country recorded a USD 25.18 billion surplus. Exports rose 3.7 percent over a year earlier to USD 38.55 billion due to higher sales of non-oil products (5.1 percent), while those of oil dropped (-22.1 percent). The analysed country is : Mexico. Mexico is the 12th largest exporter in the world. Others include: China, Japan and Germany. Trade with the United States and Canada has tripled since NAFTA's signing in 1994. Exports rose 2.9 percent to a record high of USD 41.94 billion boosted by sales of non-oil products (4.5 percent), while those of oil plunged (-30.2 percent). The Trading Economics Application Programming Interface (API) provides direct access to our data. Download historical data for 20 million indicators using your browser. The analysed country is : Mexico. Mexico trade balance for 2019 was $-0.67B, a 97.05% decline … 2018 to 2019 Synopsis . Current Account in Mexico is expected to be 1000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Non-oil exports to the US went up 4.7 percent, of which automotive (15.4 percent). The trade gap in the US widened to USD 67.1 billion in August of 2020 from a downwardly revised USD 63.4 billion in July and higher than market forecasts of USD 66.1 billion. The result is: -25,051,036,326 $. It was the largest surplus on record, as imports slumped 22.2 percent over a year earlier to USD 30.86 billion due to lower purchases of intermediate goods (-20.4 percent); consumption (-34.5 percent); capital (-19.8 percent); and oil (-38 percent). The result is: -5.03 %. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Mexico's trade balance shifted to a USD 6.22 billion surplus in October 2020 from a USD 0.68 billion deficit in the corresponding month of the previous year and above market forecasts of a USD 3.575 billion surplus. In 2017, trade between Mexico and the United States reached USD 522 billion, with Mexico posting a surplus of near USD 132 billion. The balance of trade measures a flow of exports and imports over a given period of time. The trade deficit with Mexico, Taiwan, and Vietnam rose by $47.07 billion. Considering the first seven months of the year, the country recorded a USD 8,458 million surplus. The U.S. has imported $346 billion worth of goods from Mexico, including vehicles and auto parts. A trade deficit of $68.2 billion with Germany is the third largest trade deficit of the U.S. Considering the first seven months of the year, the country recorded a USD 8,458 million surplus. Exports fell at a slower 7.7 percent to USD 36.98 billion, as sales dropped for both oil (-11.4 percent) and non-oil products (-7.5 percent). It was the largest surplus on record, as imports slumped 22.2 percent over a year earlier to USD 30.86 billion due to lower purchases of intermediate goods (-20.4 percent); consumption (-34.5 percent); capital (-19.8 percent); and oil (-38 percent). Considering the first nine months of the year, the country recorded a USD 18.96 billion surplus. Mexico’s trade account reported another positive result in September as exports benefit from the U.S. recovery. 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. The lowest data : 2008 is the lowest year for the indicator : Balance of trade (US Dollars). Non-oil exports to the US declined 7.3 percent, in particular automotive (-7.3 percent) and other goods (7.4 percent). However, during the 1980s a steep rise in imports due to trade liberalization led to a growing imbalance. It was the largest trade surplus on record, as imports slumped 13.8 percent over a year earlier to USD 35.72 billon due to lower purchases of intermediate goods (-9.2 percent); consumption (-34.4 percent); capital (-18.3 percent); and oil (-33.4 percent). The country exported 1.023 million barrels of crude oil per day, higher than 0.095 million barrels a year earlier, while the price was USD 38.06 per barrel, $17.04 below the price in September 2019. Below you will find the last recordings for the indicator : Balance of trade (US Dollars). The country exported 0.908 million barrels of crude oil per day, lower than 0.963 million barrels a year earlier, while the price was USD 36.75 per barrel, $13.85 below the price in October 2019. By 9.3 percent mainly due to lower oil sales, while imports fell at a slower 5.8 percent of... The balance of trade ( % of GDP ) the Trading Economics Application Interface! Release balance of trade ( % of Mexico 's trade is under 12 free trade.! 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