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Latin Times
Latin Times
Business
The Latin Times Staff

Pemex Reports a Robust 21% Surge in Sales within Domestic Market in 2023

Pemex Oil
PEMEX logo at the headqurters of the oil company in Mexico City. (Credit: Reuters)

In 2023, sales within the domestic market accounted for 70.8% of Petróleos Mexicanos' revenue, encompassing petrochemicals, fuels, and various other products, the company reported. This significant portion reflects a notable 21.2% growth over the past five years for the oil company.

According to the company's 2018 data, internal sales accounted for 58.37% of revenue, representing just under 20% of the anticipated revenues for 2023, based on the company's expectations.

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