The Bank of Mexico (Banxico) reported in March 2025, Mexico reached a commercial surplus of 3,442 million dollars in March, 64 percent higher than reported in the same month last year.
Non -oil exports
The Central Bank stressed that this figure represents an increase of 2 thousand 212 million dollars compared to previous February, mainly driven by the Non -oil exports.
“The increase in the surplus was a reflection of an increase in the balance of non -oil products, which went from 3,393 million dollars in February to 4 thousand 246 million dollars in March,” he explained.
For his part, he pointed out that total exports reached 55 thousand 527 million dollars in March, which implies an annual growth of 9.6 percent.
In addition, the breakdown showed that Non -oil exports added 53 thousand 354 million dollars, while Petroleras They amounted to 2 thousand 173 million dollars.
“Within non -oil exports, those directed to the United States advanced at an annual rate of 9.0 percent, while those channeled to the rest of the world did so at 13.7 percent,”
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Increase in manufacturing exports
While the most important increases in Manufacturing exports were in machinery and special equipment for diverse industries with 50.2 percent; Metallurgy mining with 31.9 percent; Metal products for domestic use with 11.2 percent; professional and scientific team with 11.0 percent; Automotive products 6.2 percent.
In contrast, agricultural and fishing exports showed a drop of 2.8 percent per year, due to decreases in fresh strawberries 37.4 percent, onions and garlic 34.2 percent and cucumber 30.9 percent.
As for imports, a value of 52 thousand 85 million dollars was reported, equivalent to an annual increase of 7.1 percent.
While the greatest dynamism was in imports of intermediate goods, which rose 9.7 percent, since those of consumer and capital goods receded 1.2 percent and 1.3 percent, respectively.
The report stressed that during the first quarter of 2025, the accumulated value of merchandise exports was 149 thousand 253 million dollars, which represented an annual growth of 4 percent.
KL
