Mexico Trade Deficit Widens in July


Mexico recorded a USD 2267 million trade gap in July of 2015, higher than a USD 1197 million deficit a year earlier due to a fall in oil sales.

Exports fell 2.6 percent year-on-year to USD 32.8 billion, dragged down by a 36.8 percent drop in oil sales. In contrast, non-oil shipments increased 1.3 percent. Among non-oil sales, exports of agricultural goods went up 2.3 percent, manufacturing rose 2 percent while mining shrank 48.7 percent. Shipments to the US increased 2.8 percent, following an 8.5 percent rise in June while those to the rest of the world shrank 5.3 percent.

Imports rose 1.1 percent to USD 35.07 billion. Both purchases of intermediate and capital goods rose 1.9 percent each while those of consumption goods fell 3.6 percent.

Mexico Trade Deficit Widens in July


Joana Taborda | joana.taborda@tradingeconomics.com
8/27/2015 2:45:42 PM