Mexico’s exports to the United States rebounded during March
MEXICO – Mexico’s exports to the United States rebounded by 10.9% during March, their highest annual growth rate in 30 months, according to information from the Department of Commerce.
Meanwhile, imports increased by 17.3%, their highest figure since May 2018.
The value of Mexican exports to the United States amounted to US$33.3 billion in March, while imports amounted to US$23.5 billion, representing a small reduction in the country’s surplus of 1.7%.
The favorable performance of sales to the United States generated an annual growth in bilateral trade of 13.5% during March, to US$56,9 billion.
On the other hand, sales of Mexican goods to the United States increased by 2.7% in the first quarter of 2021 with respect to the same period of the previous year, totaling US$89.8 billion.