Mexico posts record current account surplus, first in nine yearsChristian Fernsby ▼ | August 26, 2019
Mexico posted its largest current account surplus on record and the first in nine years, lifted by robust foreign trade with the United States.
LatAm Goods exports were worth almost $5 billion more than imports
Topics: Mexico surplus
The Mexican central bank data showed goods exports were worth almost $5 billion more than imports in the quarter, yielding the first such trade surplus in five years.
The current account is a broader measure of a country’s foreign transactions encompassing trade, services and financial flows, including interest payments and income transfers. ■