Mexico’s exports rise 37.9% in September

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Facts. On October 27, INEGI reported that Mexican merchandise exports rose 37.9% year over year to $77.797 billion in September. The preliminary figures show a $606 million monthly trade deficit.

Why it matters. External trade influences manufacturing activity and Mexico’s economic relationship with the United States.

Rockstar Briefing analysis. The strong annual change should be read alongside the composition of exports, import growth and possible revisions; a trade deficit alone does not establish economic weakness.

INEGI original report