Mexico trade balance recorded a surplus of USD 155 million in March of 2016 down 67 percent from a USD 470 million surplus year earlier as exports fell more than imports. Considering the first quarter of 2016, exports fell 5.8 percent and imports decreased by 3.8 percent.
Exports decreased by 7.5 percent to USD 31.6 billion as non-oil sales fell 5.4 percent and oil shipments declined by 39.6 percent. Within non-oil exports, manufactured goods shrank (-6.5 percent) while agricultural goods (+14.3 percent) and mining goods (+11.2 percent) increased. Exports to the US fell by 4.2 percent and for the rest of the world decreased by 11.1 percent.
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