The Association of Electrical Equipment and Medical Imaging Manufacturers
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Mexican Trade Balance Fell Sharply in July


8/27/2012 5:00 PM

According to Mexico’s national statistics agency, INEGI, the country’s trade balance showed a deficit of $427 million, a sharp contrast to the $601 million surplus recorded in June. This was a result of an increase in the deficit of non-oil products, which plummeted from a $1 million deficit in June to $960 million in July, as well as a decrease in the surplus of oil products. Mexico’s trade balance for 2012 thus far is $2.863 million.

For the original press release in Spanish, please click here.