Mexico’s Energy-Fueled Trade Surge Continues, U.S. Surplus Expansion Presents a Risk — Panjiva
Más

Panjiva_research_logo

Mexico’s Energy-Fueled Trade Surge Continues, U.S. Surplus Expansion Presents a Risk

Mexico 505 Trade Balance 657 Trade Deals 702 U.S. 3297 USMCA 373

Mexico’s international trade expanded for a 16th straight month in August with a 10% expansion on a year earlier to reach a one month record. A surge in energy prices is helping in the near-term. In the longer-term the incoming government wants to expand energy production in the country which may provide a new source of export growth. Trade with the U.S. grew even more quickly with imports having risen by 21% on a year earlier – the fastest rate since February 2012. A resolution to NAFTA uncertainties may lead to a return to business as usual. There is some latent risk though given...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.