Overview

• Exports rose 4.0% year over year to 56,708 million dollars, slowing sharply from June’s 10.6% increase, according to Inegi and Banxico.
• Imports grew 1.7% to 56,725 million dollars, leaving a near‑flat monthly balance with a 16.7 million dollar deficit after two months of surplus.
• Manufacturing remained the driver at 52,373 million dollars, up 5.3%, while automotive exports fell 7.0% overall as sales to the United States dropped 9.2%.
• Petroleum exports decreased 23% to 1,866 million dollars with the Mexican crude mix at 63.13 dollars per barrel, and the petroleum balance showed a 2,141 million dollar deficit.
• Agro‑fisheries exports declined 5.6% to 1,504 million dollars, with steep falls in cattle, fresh vegetables, onions and garlic, and tomatoes.