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Mexico trade deficit narrows in February, factory exports rise

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Staff Writer | March 28, 2017
The third increase in factory exports in four months helped narrow Mexico's trade deficit with the rest of the world in February, in a fresh sign the economy was weathering the initial shock of Donald Trump's U.S. presidential win.
Mexico trade deficit
LatAm   The economy was weathering the initial shock
Adjusted for seasonal swings, Mexico posted a trade deficit of $398 million, down from $736 million in January, the national statistics agency said.

Manufactured exports rose by 3.6 percent from the previous month in adjusted terms after dipping in January.

Meanwhile, non-oil consumer goods imports were up 6.8 percent in adjusted terms, the biggest increase since January 2013.


 

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