Imports in Mexico

Mexico Imports (%) | Economic News & Forecasts

Mexico - Imports (percent change)

Trade deficit widens in October

Merchandise trade recorded a USD 2.9 billion deficit in October, up from the USD 2.3 billion shortfall registered in the same month a year ago. Moreover, the result was considerably higher than the USD 0.2 billion deficit recorded in September.

Export growth on an annual basis accelerated to 12.6% from 11.9% in October, boosted by stronger manufacturing gains. Import growth, meanwhile, climbed to 13.7% year-on-year—from 6.4% in September—on sizably stronger consumer-good and intermediate-good imports.

As such, the 12-month trailing trade deficit widened to USD 12.8 billion from USD 12.1 billion in September.

Panelists surveyed for this month’s LatinFocus report expect exports to reach USD 472 billion in 2019, which would represent a 6.3% year-on-year expansion. Meanwhile, imports are expected to grow 6.6% and reach USD 486 billion. For 2020, the panel expects exports to expand 8.7% and imports to expand 9.1%.

Mexico - Imports (%) Data

2013  2014  2015  2016  2017  
Imports (annual variation in %)2.8  4.9  -1.2  -2.1  8.6  

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Mexico Facts

Bond Yield9.14-0.24 %Dec 11
Exchange Rate20.31-0.29 %Dec 11
Stock Market41,3560.12 %Dec 11

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