External balance on goods and services in Mexico
Mexico: External balance on goods and services was -11.61 billion current US$ in 2025. ◆ Volatile
Latest (2025)
-11.61 billion current US$
Change on year
up 26.2%
World rank
173rd
of 193 countries
All-time high
18.12 billion current US$
in 2020
All-time low
-43.04 billion current US$
in 2022
Years of data
66
1960–2025
External balance on goods and services in Mexico, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, external balance on goods and services in Mexico stood at -11.61 billion current US$.
That represents a change of up 26.2% on the previous year and up 54.2% over ten years.
Over the whole period, external balance on goods and services in Mexico peaked at 18.12 billion current US$ in 2020 and was at its lowest, -43.04 billion current US$, in 2022.
That places Mexico 173rd out of 193 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Mexico, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | -411.82 million current US$ | — |
| 1961 | -311.91 million current US$ | -24.3% |
| 1962 | -234.02 million current US$ | -25.0% |
| 1963 | -277.03 million current US$ | +18.4% |
| 1964 | -445.85 million current US$ | +60.9% |
| 1965 | -412.43 million current US$ | -7.5% |
| 1966 | -375.22 million current US$ | -9.0% |
| 1967 | -568.84 million current US$ | +51.6% |
| 1968 | -679.90 million current US$ | +19.5% |
| 1969 | -560.12 million current US$ | -17.6% |
| 1970 | -675.97 million current US$ | +20.7% |
| 1971 | -422.92 million current US$ | -37.4% |
| 1972 | -347.92 million current US$ | -17.7% |
| 1973 | -581.98 million current US$ | +67.3% |
| 1974 | -1.56 billion current US$ | +167.7% |
| 1975 | -2.40 billion current US$ | +54.0% |
| 1976 | -1.22 billion current US$ | -49.0% |
| 1977 | 79.37 million current US$ | -106.5% |
| 1978 | -583.86 million current US$ | -835.6% |
| 1979 | -1.70 billion current US$ | +190.7% |
| 1980 | -4.42 billion current US$ | +160.3% |
| 1981 | -6.32 billion current US$ | +42.9% |
| 1982 | 8.71 billion current US$ | -238.0% |
| 1983 | 14.26 billion current US$ | +63.7% |
| 1984 | 13.75 billion current US$ | -3.6% |
| 1985 | 9.37 billion current US$ | -31.8% |
| 1986 | 5.06 billion current US$ | -46.1% |
| 1987 | 8.57 billion current US$ | +69.5% |
| 1988 | 2.55 billion current US$ | -70.3% |
| 1989 | -144.47 million current US$ | -105.7% |
| 1990 | -2.90 billion current US$ | +1908.7% |
| 1991 | -9.14 billion current US$ | +215.1% |
| 1992 | -18.30 billion current US$ | +100.2% |
| 1993 | -15.75 billion current US$ | -13.9% |
| 1994 | -20.20 billion current US$ | +28.3% |
| 1995 | 7.85 billion current US$ | -138.9% |
| 1996 | 7.25 billion current US$ | -7.6% |
| 1997 | 100.86 million current US$ | -98.6% |
| 1998 | -8.85 billion current US$ | -8879.0% |
| 1999 | -7.44 billion current US$ | -16.0% |
| 2000 | -10.75 billion current US$ | +44.4% |
| 2001 | -13.20 billion current US$ | +22.8% |
| 2002 | -12.21 billion current US$ | -7.5% |
| 2003 | -10.64 billion current US$ | -12.9% |
| 2004 | -15.03 billion current US$ | +41.3% |
| 2005 | -14.58 billion current US$ | -3.0% |
| 2006 | -14.00 billion current US$ | -3.9% |
| 2007 | -18.70 billion current US$ | +33.5% |
| 2008 | -27.01 billion current US$ | +44.4% |
| 2009 | -14.77 billion current US$ | -45.3% |
| 2010 | -13.69 billion current US$ | -7.3% |
| 2011 | -15.69 billion current US$ | +14.6% |
| 2012 | -14.80 billion current US$ | -5.7% |
| 2013 | -15.66 billion current US$ | +5.9% |
| 2014 | -16.00 billion current US$ | +2.1% |
| 2015 | -25.33 billion current US$ | +58.3% |
| 2016 | -22.90 billion current US$ | -9.6% |
| 2017 | -22.91 billion current US$ | +0.0% |
| 2018 | -26.69 billion current US$ | +16.5% |
| 2019 | -5.25 billion current US$ | -80.3% |
| 2020 | 18.12 billion current US$ | -445.0% |
| 2021 | -25.42 billion current US$ | -240.3% |
| 2022 | -43.04 billion current US$ | +69.3% |
| 2023 | -25.90 billion current US$ | -39.8% |
| 2024 | -15.72 billion current US$ | -39.3% |
| 2025 | -11.61 billion current US$ | -26.2% |
Mexico compared with similar countries
- Mexico's -11.61 billion current US$ is below the median for upper middle income countries, which is -347.73 million current US$, 33.4× the median. (53 countries reporting)
- Mexico's -11.61 billion current US$ is below the median for Latin America & Caribbean, which is -154.10 million current US$, 75.3× the median. (29 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | -8879.0% | 100.86 million current US$ | -8.85 billion current US$ |
| 1990 | -1908.7% | -144.47 million current US$ | -2.90 billion current US$ |
| 1978 | -835.6% | 79.37 million current US$ | -583.86 million current US$ |
| 2020 | +445.0% | -5.25 billion current US$ | 18.12 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -427.71 million current US$ | -679.90 million current US$ | -234.02 million current US$ | 10 |
| 1970s | -941.15 million current US$ | -2.40 billion current US$ | 79.37 million current US$ | 10 |
| 1980s | 5.14 billion current US$ | -6.32 billion current US$ | 14.26 billion current US$ | 10 |
| 1990s | -6.74 billion current US$ | -20.20 billion current US$ | 7.85 billion current US$ | 10 |
| 2000s | -15.09 billion current US$ | -27.01 billion current US$ | -10.64 billion current US$ | 10 |
| 2010s | -17.89 billion current US$ | -26.69 billion current US$ | -5.25 billion current US$ | 10 |
| 2020s | -17.26 billion current US$ | -43.04 billion current US$ | 18.12 billion current US$ | 6 |
Countries ranked near Mexico
More economy & growth data for Mexico
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.43 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.06 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 11.29 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 85.55 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 43.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -5.25 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0235 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 326.53 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 10.41 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Mexico?
- External balance on goods and services in Mexico was -11.61 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Mexico?
- The highest recorded value was 18.12 billion current US$ in 2020.
- What is the lowest external balance on goods and services recorded in Mexico?
- The lowest recorded value was -43.04 billion current US$ in 2022.
- How does Mexico rank for external balance on goods and services?
- Mexico ranks 173rd out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Mexico?
- Over the last ten years it is up 54.2%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.