Mexico: Merchandise exports rise at a more moderate rate in July
Latest reading: Merchandise exports rose 4.0% annually in July (June: +10.6% year-on-year) on stronger sales of manufactured and mining goods. Meanwhile, merchandise imports expanded 1.7% on an annual basis in July (June: +4.4% yoy).
As a result, the merchandise trade balance deteriorated from the previous month, registering USD 0.0 billion in July (June 2025: USD 0.5 billion surplus; July 2024: USD 1.2 billion deficit). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 5.0 billion deficit in July, compared to the USD 6.2 billion deficit in June.