Mexico sees $4.2B trade surplus in December 2023

In 2023, however, total trade balance showed deficit of approximately $5.4B

By Ovunc Kutlu

ISTANBUL (AA) – Mexico saw a trade surplus of more than $4.2 billion in December 2023, the country's statistical authority revealed on Friday.

The figure is a significant increase from a $983 million surplus recorded in December 2022, according to the National Institute of Statistics and Geography (INEGI) figures.

In 2023, however, the total trade balance showed a deficit of approximately $5.4 billion.

That amount is also a significant recovery from almost $27 billion trade deficit recorded in 2022.

In December 2023, the value of merchandise exports reached $49.2 billion -- $46.6 million of non-oil exports and $2.6 billion of oil exports.

The value of imports in December was $45 billion, according to INEGI figures.

Kaynak:

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