Mexico Trade Gap Widens in April


Mexico trade balance recorded a deficit of USD 2079.6 million in April of 2016 up from a USD 85.3 million gap a year earlier as exports fell more than imports. Considering the first four months of the year, exports decreased by 6.4 percent while imports dropped 3.2 percent.

Exports decreased by 7.8 percent to USD 30.4 billion as non oil shipments fell 6.3 percent mainly due to manufacturing (-7 percent) while agricultural goods (+7.3 percent) and mining goods (+1.6 percent) increased. Oil exports decreased by 30.8 percent. Imports went down 1.7 percent to USD 32.5 billion as purchases of non-oil products (-1.1 percent); intermediate goods (-0.9 percent); capital goods (-4.1 percent); and oil products (-7.6 percent) fell.

On a monthly basis trade balance swung from a USD 155 million surplus in March.

Mexico Trade Gap Widens in April


INEGI | Francisco Caeiro | francisco.caeiro@tradingeconomics.com
5/25/2016 3:28:51 PM