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Mexico's Gasoline Import Dependency Reaches 68.5% in 2023

The domestic market for imported gasoline saw a significant increase last year, accounting for 68.5% of total consumption, according to official data.

This reflects a concerning trend in the country's reliance on external sources for this vital resource.
The figures reveal a steady rise in imports in recent years. In 2023, exports decreased by 6%, while imports reached a new high. Domestic production, led by PEMEX, remained relatively stable.
This growth in import dependency underscores the importance of addressing energy security and exploring strategies to reduce the country's vulnerability to fluctuations in the international energy market.
Retrieved from: El Economista