Mexico's Export Revenue Rose 32.6% in April

Mexico's export revenue rose 32.6% in April

Mexico’s export revenue hit a record high for any month in April, increasing 32.6% annually to US $72.04 billion, according to preliminary data published by the national statistics agency INEGI on Monday. Meanwhile, Mexico’s outlay on imports increased 24.1% to a record-high $67.52 billion. Mexico thus recorded a trade surplus of $4.52 billion last month, more than nine times larger than the $472.35 million median estimate derived from a Bloombe…

Mexico Exports Hit Record $72 Billion in April, Up 32.6%

Mexico's exports hit a record $72.04 billion in April, up 32.6% year on year, lifting the trade balance to a $4.52 billion surplus on strong US demand.

Mexico Exports Rise to Their Highest Level on Record in April

Mexico’s trade surplus widened far more than expected in April to $4.52 billion, well above the median estimate of $476.35 million in a Bloomberg survey, as exports climbed to the highest since the data began in 1980. The surge highlights how the country continues to strengthen its role as a manufacturing hub for the US economy as Washington takes a tougher stance on trade. The cumulative trade surplus for the first four months of the year reache