• {{stock.symbol === 'MXN=X' ? 'USD/MXN' : stock.symbol === 'EURMXN=X' ? 'EUR/MXN' : stock.shortName}}

    {{stock.symbol === '^MXX' ? stock.regularMarketPrice : stock.symbol === 'NDAQ' ? stock.regularMarketPrice : stock.bid}}

    {{stock.regularMarketChangePercent.toFixed(2)}}%

  • {{stock.symbol === 'MXN=X' ? 'USD/MXN' : stock.symbol === 'EURMXN=X' ? 'EUR/MXN' : stock.shortName}}

    {{stock.symbol === '^MXX' ? stock.regularMarketPrice : stock.symbol === 'NDAQ' ? stock.regularMarketPrice : stock.bid}}

    {{stock.regularMarketChangePercent.toFixed(2)}}%

Mexico exports register their highest value in history

Mexico exports register their highest value in history

    MEXICO – The value of Mexican merchandise exports was US$41.9 billion during October, which represented an increase of 2.9% at an annual rate, according to data from the National Institute of Statistics and Geography (INEGI).

    The above represented that shipments abroad reached their highest level since there is a record, that is, since 1991.

    In addition, exports linked two consecutive months with increases; last September they rose 3.66%.

    Previously, the steepest declines so far this year were registered in April (40.9%) and May (56.7%).

    On the one hand, oil exports amounted to US$1.3 billion, that is, they had a decrease of 30.2% at the annual rate for October, which meant its ninth consecutive month down.

    Non-oil exports registered US$40.6 billion or an increase of 4.5%, their second month of advance after five months in negative territory.

    Manufacturing shipments were US$38.3 billion, that is, an increase of 3.5% was observed.

    In a disaggregated manner, automotive exports rose 12.8%, while non-automotive exports fell 1.1% when compared to the same period of the previous year.

    With series adjusted for seasonality, merchandise exports reported a monthly growth of 4.81%, which was the net result of an advance of 5.29% in non-oil exports and a drop of 7.17% in oil companies.

    Source: El Financiero

    onlinemexiconow