Mexico Net Trade (Goods & Services, BoP)
Mexico's net trade (goods & services, bop) fell to $-16.27 billion in 2024, down from $-24.97 billion in 2023, according to World Bank. This represents a decrease of 34.8% ($8.7 billion) from the previous year. Mexico has the 12th lowest net trade (goods & services, bop). Within Americas, it ranks 37th out of 39 countries.
Yearly Historical Data (1979-2024)
(in Billion USD)Mexico Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Mexico, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.