Mexico Balance of Trade
Manufactured products within 89% of total shipments followed by 6% within oil and oil products, are Mexico's most important exports. Metallic products, machinery, and equipment account for 53% of total purchases, followed by oil products at 10% and agricultural products at 53%, which are the most important imports. The United States is the country's principal commercial partner (80% of total exports and 46% of total imports). Other countries include China, Japan, and Germany. A total of USD 522 billion in trade between Mexico and the United States, with Mexico generating a surplus of over USD 132 billion in 2017. The following are the most important exports to the United States: other parts and accessories for vehicles (14% of total sales), trucks, buses, and special purpose vehicles (10%), passenger cars (10%), computers (6%), and telecommunication equipment (5%). The following are the most common imports from the United States: other parts and accessories for automobiles (8% of total imports), electric apparatus (7%), petroleum products (6%), and computer accessories (6%).
A higher than expected figure should be seen as positive (bullish) for the MXN while a lower than expected figure should be seen as negative (bearish) for the MXN.
Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
---|---|---|---|---|---|---|
USDMXN |
|
|
16.9358 +3452 pips |
17.3800 -7894 pips |
16.5906 | |
EURMXN |
|
|
18.2382 +3460 pips |
18.4542 -5620 pips |
17.8922 | |
GBPMXN |
|
|
20.9013 -365 pips |
0 +209378 pips |
20.9378 |