Mexico balance of trade


Mexico balance of trade: -579 (-88.11%)
Last Update: September 30, 2024

Mexico balance of trade closed down -579 as of September 30, 2024 from -4868 from the previous month and -1497.92 from last year.


Mexico balance of trade Analytics & Data




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Mexico balance of trade

Date Values
2024-09-30 -579
2024-08-31 -4868
2024-07-31 -72
2024-06-30 -1037
2024-05-31 1991.21
2024-04-30 -3746.22
2024-03-31 1992.25
2024-02-29 -563.81
2024-01-31 -4134.12
2023-12-31 4263.87
2023-11-30 561.32
2023-10-31 -369.29
2023-09-30 -1497.92
2023-08-31 -1278.42
2023-07-31 -644.79
2023-06-30 58.2
2023-05-31 -74.08
2023-04-30 -1508.52
2023-03-31 1195.23
2023-02-28 -1888.66
2023-01-31 -4106.01
2022-12-31 982.97
2022-11-30 -123.04
2022-10-31 -2088.09

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Mexico balance of trade Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade mx.balanceoftrade -579.0 -4868 -88 -61 Down UP 56 2024-09-30

Mexico balance of trade Quantitative Analysis, Charts & Factors

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Mexico balance of trade Historical Data

The MacroVar database offers free access to historical data for the Mexico balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Mexico balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Mexico balance of trade

Mexico's balance of trade refers to the difference between the value of goods and services that a country exports and the value of goods and services that it imports. A positive balance of trade occurs when a country exports more than it imports, leading to a trade surplus. Conversely, a negative balance of trade occurs when a country imports more than it exports, resulting in a trade deficit. Mexico has traditionally had a trade deficit due to its reliance on imports of consumer goods, machinery, and oil, despite having a strong export sector in industries such as automobiles, electronics, and agriculture. The country's balance of trade is an important economic indicator that can impact the value of its currency, government policies, and overall economic stability.

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