EconomyFinancialMexico posts trade deficit of 895 million dollars in...

Mexico posts trade deficit of 895 million dollars in September

In September, Mexico's merchandise exports totaled 53,338 million dollars (million dollars) and imports 53,233 million dollars, which resulted in a trade deficit of 895 million dollars, according to timely information on the trade balance reported by the Inegi.

The National Institute of Statistics and Geography reported this Thursday that, at an annual rate, total exports had an increase of 25.4%, as a result of a 25% increase in non-oil exports and a 30.8% increase in non-oil exports; while imports registered an increase of 20.8%.

Within imports, consumer goods registered an annual growth of 34.2%, 18.5% in intermediate use goods and 22.6% in capital goods, detailed the Inegi.

With figures adjusted for seasonality, imports had a monthly advance of 4.98% and imports registered a decrease of 0.67%.

During the first nine months of the year, the trade balance registered a deficit of 25,297 million dollars.

In the accumulated January-September, Mexico adds 430,284 million dollars, reflecting an increase of 17.9% in non-oil exports and 48% in oil; distributed as follows: manufactured goods 87.5%, oil products 7.2%, agricultural goods 3.7% and non-oil extractive products 1.6%.

While Mexico's purchases in the same period reached 455,581 million dollars, 23.7% more than in the same period of 2021, distributed in intermediate use goods (78.9%), consumer goods (13.4%) and capital goods (7.7%). ).

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