Mexico: Merchandise trade surplus increases in November
Latest reading: In November, the trade balance was USD +0.7 billion, following a USD +0.6 billion figure in the prior month. Over the last 12 months, the trade balance summed to USD +0.2 billion.
Exports rose 7.9% in annual terms in November, following 14.2% growth in the previous month. Though car and oil exports declined, this was more than offset by higher sales of other mining and manufactured exports. Imports rose 5.2% in annual terms in November, following a 12.8% rise in the previous month.