Hurricanes and Earthquake Limit, But Don’t Defeat, Mexican Trade Growth — Panjiva
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Hurricanes and Earthquake Limit, But Don’t Defeat, Mexican Trade Growth

Mexico 928 Trade Balance 935 U.S. 5399

Mexico’s trade activity surge was curtailed somewhat by hurricane and earthquake activity in September. Export growth slowed to 3% on a year earlier from 10% in August, the slowest since last October before the U.S. election-driven peso collapse occurred. The economic damage caused by the earthquakes likely hit production and shipping, but should prove temporary. Exports to the U.S. rose by just 1%, down from 9% a month earlier. However, the impact on the trade surplus with the U.S. – and hence the political ramifications ahead of the next round of NAFTA talks – awaits more detailed data...

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