Energy Behind Mexico’s Long Trade Boom, Could Be Disrupted by AMLO — Panjiva


Energy Behind Mexico’s Long Trade Boom, Could Be Disrupted by AMLO

Energy - Conventional 272 Energy - Crude Oil 194 Energy - Refined Oil 149 Mexico 505 Trade Balance 657

Mexico’s trade boom continued for a 17th straight month in September with a 9.0% growth on a year earlier. The energy sector was a major driver with a 45.6% rise in exports and 27.5% in imports. Yet, the surging and volatile nature of trade in energy products including oil – which reached $84.6 billion in the 12 months to Sept. 30 – has drawn the attention of incoming President-elect Andrés Manuel López Obrador (AMLO). The President-elect has committed to cutting exports (by reducing production) and imports (via a new refinery), potentially causing upheaval across the North A...

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