Mexican Trade Accelerates Ahead of AMLO’s Accession — Panjiva


Mexican Trade Accelerates Ahead of AMLO’s Accession

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

Mexico’s international trade activity surged 13.1% higher than a year earlier in October, outpacing the 11.5% rate seen in the third quarter on average. Growth was broad-based with exports excluding oil products rising 12.3% and imports ex oil increased 12.0% with both reaching record highs. That may reflect a mixture of renewed business confidence after the settlement of the U.S.-Mexico-Canada Agreement as well as an element of stockpiling ahead of inauguration of President-elect Andrés Manuel López Obrador. Imports in the energy sector surged 27.8% to reach a record $5.22 billion...

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