Mexico’s Trade Acceleration Supports AMLO’s Energy Policy, Reason To Pass USMCA — Panjiva
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Mexico’s Trade Acceleration Supports AMLO’s Energy Policy, Reason To Pass USMCA

Energy - Conventional 272 Energy - Crude Oil 194 Energy - Natural Gas 86 Mexico 505 Trade Balance 657 U.S. 3297

Mexico’s international trade activity growth accelerated to 5.9% year over year in January from a 2.0% increase in December. Both exports and imports improved with growth of 5.7% and 6.1% respectively resulting in the largest trade deficit since at least 2006. A 6.6% expansion in energy imports compared to a decline in exports will provide a further prompt for the Lopez-Obrador administration to push CFE and Pemex to reduce Mexico’s reliance on outside energy supplies. Trade with the U.S. meanwhile saw an acceleration in growth to 12.2% year over year, providing a reason for the Mexican ...

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