Mexican Trade Surplus Widens in June
Mexico's trade surplus increased to USD 424 million in June of 2014 from USD 132 million in May, but narrowed from a USD 920 million surplus a year earlier. In the first half of 2014, the country posted a USD 249 million trade deficit.
Exports amounted to USD 33.474 million in June of 2014, a year-on-year growth of 7.7 percent (+8.0 percent for non-oil exports and +5.1 percent for oil sales). Shipments of manufactured products increased 7.5 percent and agricultural and fisheries products grew 12.1 percent. The non-oil deliveries rose 10.4 percent to the US and fell 1.0 percent for the remaining markets.
In June of 2014, imports reached USD 33.050 million, an annual increase of 9.6 percent (+9.6 percent for non-oil imports and +9.4 percent for oil). Purchases of consumer goods, intermediate goods and capital good increased in June (+10.5 percent, +10.2 percent, and +3.4 percent, respectively).
7/25/2014 2:52:13 PM