Exports of services as a part of balance of payment rose 12.2% to USD 63.0 bil in Mexico in 2024, according to the National Statistical Office.
Historically, exports of services as a part of balance of payment in Mexico reached an all time high of USD 63.0 bil in 2024 and an all time low of USD 4.91 bil in 1983. When compared to Mexico's main peers, exports of services as a part of balance of payment in Belize amounted to USD 1.16 bil, USD 4.67 bil in Guatemala, USD 3.68 bil in Honduras and USD 1,107 bil in USA in 2024.
Mexico has been ranked 26th within the group of 103 countries we follow in terms of exports of services as a part of balance of payment, 7 places above the position seen 10 years ago.
Exports of Services (BoP, USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Belize | USD bil | 0.620 | 0.677 | 0.426 | 0.621 | 0.851 | ||||||||||||||||
Canada | USD bil | 105 | 115 | 98.5 | 121 | 141 | ||||||||||||||||
China | USD bil | 234 | 244 | 229 | 339 | 372 | ||||||||||||||||
El Salvador | USD bil | 2.83 | 3.31 | 2.20 | 3.10 | 4.32 | ||||||||||||||||
Guatemala | USD bil | 3.71 | 3.68 | 2.59 | 2.88 | 3.89 | ||||||||||||||||
Honduras | USD bil | 2.82 | 2.98 | 1.98 | 2.84 | 3.36 | ||||||||||||||||
Japan | USD bil | 194 | 209 | 164 | 171 | 170 | ||||||||||||||||
Mexico | USD bil | 40.2 | 44.2 | 28.5 | 42.4 | 52.2 | ||||||||||||||||
Nicaragua | USD bil | 1.36 | 1.37 | 0.946 | 1.04 | 1.56 | ||||||||||||||||
USA | USD bil | 866 | 891 | 726 | 805 | 949 |