Macro Analysis /
Global

Mexico: Trade Balance – Signals of a slowdown in manufacturing and investment

  • June’s trade balance posted a US$762.0mn surplus. With this, the rolling-12-month balance adds a US$32.7bn surplus

  • Both exports (+0.2% m/m) and imports (+0.3% m/m) were higher, although with warning signs in some sectors

  • Despite renewed concerns due to COVID-19, supply-chain issues remain as the main limitation for trade

Juan Carlos Alderete Macal
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

Banorte
27 July 2021
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