Updated
Updated · MarketWatch · Apr 27
Mexico posts $5.93 billion trade surplus in March as exports surge
Updated
Updated · MarketWatch · Apr 27

Mexico posts $5.93 billion trade surplus in March as exports surge

10 articles · Updated · MarketWatch · Apr 27
  • Exports rose 27.7% year-on-year to $70.73 billion, while imports climbed 24.3% to $64.8 billion, according to Inegi.
  • Manufactured goods exports jumped 29.5%, mining exports nearly doubled, but petroleum exports fell 20.4% despite higher crude prices. Petroleum imports increased 36.2%.
  • The March surplus narrowed Mexico's first-quarter trade deficit to $1.01 billion, compared with $269 million a year earlier, reflecting strong trade momentum after earlier deficits.
Why does Mexico’s record trade fail to ignite its overall economic growth?
Can Mexico's state oil giant reverse its historic decline amid a manufacturing boom?
Can Mexico's booming mineral exports survive its new wave of resource nationalism?
How is Mexico becoming the new hub for America's advanced technology supply chain?
How will the USMCA review reshape North America's tech and mineral supply chains?
Is Mexico's 'nearshoring paradox' a warning for future foreign investment?