Mexico’s Exports Fall in November After Five Months of Growth

The contraction of exports in the penultimate month of the year occurs in the context of new containment measures and restrictions on non-essential activities in the Mexican economy that could be reflected in the December data.

RIO DE JANEIRO, BRAZIL - Mexico’s exports contracted 1.8% during November, compared to the previous month, show the seasonally adjusted data of the trade balance published this Thursday, December 24th, by the National Institute of Statistics and Geography (Inegi).

With this, merchandise shipments abroad broke for five months with rallies, the result of the gradual economic reopening.

The October export data was revised up from 4.8% to 5.1%, according to seasonally adjusted data.

According to Inegi, the total amount of exports was 38,732.2 million dollars, after registering 39,461.3 in October.

The contraction of . . .

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