Mexico - Balance of Goods

Mexico: Balance of Goods

Mnemonic TRBG.IMEX
Unit Million Dollars, NSA
Adjustments Not Seasonally Adjusted
Monthly 192.56 %
Data Apr 2020 -3,087
Mar 2020 3,335

Series Information

Source Bank of Mexico
Release Balanza Commercial
Frequency Monthly
Start Date 1/31/1980
End Date 4/30/2020

Mexico: Trade

Reference Last Previous Units Frequency
Balance of Goods Apr 2020 -3,087 3,335 Million Dollars, NSA Monthly
Exports of Goods Apr 2020 23,384 38,342 Million Dollars, NSA Monthly
Imports of Goods Apr 2020 26,472 35,007 Million Dollars, NSA Monthly
Current Account Balance 2020 Q1 -981.8 2,486 Mil. USD, NSA Quarterly
Exports of Goods and Services 2019 Q4 9,197,065 9,745,991 Mil. MXN, SAAR Quarterly
Imports of Goods and Services 2019 Q4 9,080,537 9,707,808 Mil. MXN, SAAR Quarterly
Net Exports 2019 Q4 116,528 38,182 Mil. MXN, SAAR Quarterly
Real Exports of Goods and Services 2019 Q4 6,610,189 6,927,914 Mil. 2013 MXN, SAAR Quarterly
Real Imports of Goods and Services 2019 Q4 6,679,949 6,847,374 Mil. 2013 MXN, SAAR Quarterly
Real Net Exports 2019 Q4 -69,759 80,539 ******* Quarterly

Release Information

Exports correspond to the total value of merchandises that the country sells with the criteria of last known destination. They also include the value of the goods processed with raw materials from abroad (maquiladoras).  Imports correspond to the total value of merchandises that the country purchases from the rest of the world. They also include imports of goods for processing (for the inward processing of the maquiladoras).

The conceptual framework for foreign trade statistics follows the guidelines contained in the International Merchandise Trade Statistics: Concepts and Definitions (UN), the International Merchandise Trade Statistics, Compilers Manual (UN) and Balance of Payments Manual (IMF).

Coverage: All the foreign trade transactions are recorded in the customs declarations and the Working Group on Foreign Trade Statistics define the specific transactions to be included in the statistical information taking aware of the guidelines of international recommendations. As mentioned before the Mexican statistics include the imports and exports related to the goods for processing.

Exceptions to coverage:Coverage: the foreign trade statistics exclude in-transit trade, monetary gold, paper money and coin in circulation, fuel and transport services sold to international carriers, personal purchases by residents at the border, and purchases by tourists worth less than US$300 per person.

Data are obtained from records of merchandise entering or leaving the country through the customs, according to the procedures established by the Customs Administration of the Secretariat of Finance.

Data collected: Type of merchandise, identification of the enterprise (importer/exporter), measurement units, volume, value, customs of entry or exit, origin country or destination country, and the date on which the merchandise entered or left the country.

Basis of country data: Statistics for imports are based in the merchandise’s origin country, and in the case of exports are based in the last known destination country.

Data is subject to revisions.

The Mexican foreign trade flows are valued at market prices; likewise, merchandises are valued Free on Board (FOB).