Overview
- Total exports rose 7.9% year over year to $56.41 billion, with manufactured goods up 10.9% to $52.09 billion, according to INEGI.
- Automotive shipments fell 2.1% as sales to the United States declined 4.8%, while other manufactured exports increased 17.7%.
- Petroleum exports dropped 40.4% to $1.55 billion, with Mexico’s crude averaging $57.66 per barrel and volumes at 597,000 barrels per day.
- Imports increased 5.2% to $55.75 billion, led by an 8.7% rise in intermediate goods, as capital‑goods imports contracted 16.7%.
- From January to November the trade deficit narrowed to about $1.66 billion, and export growth remained concentrated in a handful of northern states led by Chihuahua’s 18.9% share.