The Mexican automotive industry's trade surplus has been growing since 2009. For instance, in 2020, automotive exports from Mexico exceeded the country's imports by approximately 68.6 billion U.S. dollars. This represented a decrease in this sector's foreign trade balance of about 12.7 percent compared to the previous year.
Foreign trade balance of the automotive industry in Mexico from 2009 to 2020
(in billion U.S. dollars)
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Trade Map. (August 5, 2021). Foreign trade balance of the automotive industry in Mexico from 2009 to 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www.statista.com/statistics/1052431/mexico-automotive-industry-trade-balance/
Trade Map. "Foreign trade balance of the automotive industry in Mexico from 2009 to 2020 (in billion U.S. dollars)." Chart. August 5, 2021. Statista. Accessed November 13, 2024. https://www.statista.com/statistics/1052431/mexico-automotive-industry-trade-balance/
Trade Map. (2021). Foreign trade balance of the automotive industry in Mexico from 2009 to 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www.statista.com/statistics/1052431/mexico-automotive-industry-trade-balance/
Trade Map. "Foreign Trade Balance of The Automotive Industry in Mexico from 2009 to 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Aug 2021, https://www.statista.com/statistics/1052431/mexico-automotive-industry-trade-balance/
Trade Map, Foreign trade balance of the automotive industry in Mexico from 2009 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1052431/mexico-automotive-industry-trade-balance/ (last visited November 13, 2024)
Foreign trade balance of the automotive industry in Mexico from 2009 to 2020 (in billion U.S. dollars) [Graph], Trade Map, August 5, 2021. [Online]. Available: https://www.statista.com/statistics/1052431/mexico-automotive-industry-trade-balance/