Mexico consolidates a historic streak of trade surplus in April

The Mexican economy consolidated a historic streak of trade surplus, reaching 1,501 million dollars in April, reported the National Institute of Statistics and Geography (Inegi).

Exports had an annual growth of 75.6% in April reaching 40,773 million dollars, while imports increased 48.4%, registering 39,272 million dollars, indicated the report of the Inegi.

With these data, exports amount to 152,636.61 million dollars and imports to 152,643.5 million dollars in the first four months of the year.said Gabriela Siller, Banco Base’s director of economic and financial analysis.

In both cases, they are the highest numbers of exports and imports on record for the first four months of the year.“, he stressed.

POSITIVE STRIKE

Today’s data represents a good positive commercial streak from Mexico, what in the first quarter received a record amount of 11.864 million dollars of foreign direct investment (FDI), an annual increase of 14.8%, according to the Ministry of Economy last week.

What’s more, Mexico was consolidated as the first commercial partner of the United States in the first three months of the year with a total trade balance of 153.906 million dollars and a record of Mexican exports of almost 33.4 billion dollars in March.

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