Recent reports have depicted the fact that the export valuation of the nation is mostly dependent on oil refineries, accounting for almost 22% of the total export share. The strategic geographical location of Mexico within the Pacific Ocean and the Gulf of Guinea has bolstered the relentless excess of trade over the central regions as it has easy access to international transportation routes allowing efficient mobility of trade.

The low-cost labor workforce engaged in the industrial sectors of Mexico has introduced divergent variants of trade rates in the overall crude petroleum global supply, resulting in an export trade value of 54 billion US dollars in 2024. The diversifying economy, followed by the recent incentives implemented by the government authorities over the traded goods, is expected to foster the sturdy hike of crude petroleum exports, countering the annual GDP value crucially. The reforms not only attract large international players but also open up heavy investment opportunities for potential traders.

The Leading Variants of Crude Petroleum Exported in 2024

Mexico, emerging as one of the leading exporters of crude petroleum in the global market, has introduced diversifying services in international trade. The immense reserves and efficient extraction technologies counter the targeted trade rate. According to the Mexico Export Data, the top 10 exported variants of crude petroleum in 2024 are,

1. Maya Crude - The valuation of Maya Crude exported from Mexico in 2024 - 13 billion US dollars.

2. Isthmus Crude - The valuation of Isthmus Crude exported from Mexico in 2024 - 11 billion US dollars.

3. Olmeca Crude - The valuation of Olmeca Crude exported from Mexico in 2024 - 8 billion US dollars.

4. Tuxpan Crude - The valuation of Tuxpan Crude exported from Mexico in 2024 - 7 billion US dollars.

5. Altamira Crude - The valuation of Altamira Crude exported from Mexico in 2024 - 6 billion US dollars.

6. Istmo Blend - The valuation of Istmo Blend exported from Mexico in 2024 - 5 billion US dollars.

7. Olmeca Light - The valuation of Olmeca Light exported from Mexico in 2024 - 4 billion US dollars.

8. Tampico-Misantla - The valuation of Tampico-Misantla exported from Mexico in 2024 - 3 billion US dollars.

9. Chicontepec Blend - The valuation of Chicontepec Blend exported from Mexico in 2024 - 1.8 billion US dollars.

10. Campeche Crude - The valuation of Campeche Crude exported from Mexico in 2024 - 1 billion US dollars.

The Top Export Trade Partners of Mexico for Crude Petroleum in 2024

At present, the crude petroleum export market of Mexico has come across severe trade shifts due to the strategic production capability of the industrial sectors and the trade agreements implemented by the government firms for a feasible exchange of goods within top trade destinations. According to the Mexico Trade Data, the top 10 leading trade partners of the nation with which Mexico exports most of its crude petroleum in 2024 are,

1. United States - According to the USA Import Data, the valuation of the crude petroleum exported from Mexico in 2024 - 9.86 billion US dollars.

Top 5 exported variants of crude petroleum

1. Light sweet crude oil
2. Heavy sour crude oil
3. Maya blend
4. Isthmus blend
5. Tumilco blend

2. China - According to the China Import Data, the valuation of the crude petroleum exported from Mexico in 2024 - 7.86 billion US dollars.

Top 5 exported variants of crude petroleum

1. High sulfur heavy blend (HSB)
2. Maya blend
3. Altamira blend
4. Zapote
5. Zafiro blend

3. Japan - According to the Japan Import Data, the valuation of the crude petroleum exported from Mexico in 2024 - 6.54 billion US dollars.

Top 5 exported variants of crude petroleum

1. Canalitos
2. Aguila sand
3. Sureste basin
4. Tamaulipas Light Crude
5. Maloob Light Crude

4. South Korea - According to the South Korea Import Data, the valuation of the crude petroleum exported from Mexico in 2024 - 4.78 billion US dollars.

Top 5 exported variants of crude petroleum

1. Zempoala Extra Heavy Oil.
2. Olmeca Crude
3. Yaxchilan Crude
4. Mestizo Medium Mix
5. Chalupa Sour Blend

5. India - According to the India Import Data, the valuation of the crude petroleum exported from Mexico in 2024 - 3.81 billion US dollars.

Top 5 exported variants of crude petroleum

1. Cactus Gorda Crude
2. Sureste Medium Sour Crude
3. Chicontepec Oil Sand
4. Petroleo Del Mar Blanco Mix
5. Oro Negro Extra-Heavy Oil

6. Canada - According to the Canada Import Data, the valuation of the crude petroleum exported from Mexico in 2024 - 2.78 billion US dollars.

Top 5 exported variants of crude petroleum

1. Maya Heavy
2. Isthmus Medium
3. Olmeca Light
4. Tamaulipas Super Light
5. Maya Extra Heavy

7. Spain - According to the Spain Import Data, the valuation of the crude petroleum exported from Mexico in 2024 - 1.79 billion US dollars.

Top 5 exported variants of crude petroleum

1. Oleofinos
2. Usumacinta Light
3. Olmos Blend
4. Cantarell Light
5. Campeche Light

8. Italy - According to the Italy Import Data, the valuation of the crude petroleum exported from Mexico in 2024 - 1.24 billion US dollars.

Top 5 exported variants of crude petroleum

1. Taneco Heavy Gulf Coast Blend
2. Norte Natural Gasoline Mixteco
3. Eagle Ford Condensate Ultra-Light Sweet Blend
4. Isthmus Blend Crude Oil
5. Olmeca Medium Crude Oil

9. France - According to the France Import Data, the valuation of the crude petroleum exported from Mexico in 2024 - 1.12 billion US dollars.

Top 5 exported variants of crude petroleum

1. Mayan Blend Crude Oil
2. Olmeca Extra Light Crude Oil
3. Paso de los Toros Light/Medium Sour Blend
4. Tuxpan Light Crude Oil
5. Molango Intermediate

10. United Kingdom - According to the United Kingdom Import Data, the valuation of the crude petroleum exported from Mexico in 2024 - 800 million US dollars.

Top 5 exported variants of crude petroleum

1. Zafiro blend
2. Zapote
3. Olmeca blend
4. Sureste basin
5. Plataforma Campeche region

FAQ'S

Que. What is the top exported crude petroleum of Mexico in 2024?
Ans. Maya Crude is the top exported crude petroleum of Mexico in 2024.

Que. Name the top export trade partners of Mexico for crude petroleum in 2024.
Ans. The United States is the top export trade partner of Mexico for crude petroleum in 2024.

Que. What is the export trade value of crude petroleum from Mexico in 2024?
Ans. The export trade value of crude petroleum from Mexico in 2024 is 54 billion US dollars.

Que. Where can you get a detailed trade analysis of the top exported crude petroleum of Mexico in 2024?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the top exported crude petroleum of Mexico in 2024.

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