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August 28, 2024
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Mexican exports grew 14.7% in July

Mexican exports grew 14.7% in July

Of this value, 52.289 billion dollars corresponded to non-oil exports and 2.5 billion to oil exports.

Non-oil exports grew by 16.2%, while oil exports decreased by 10.2%.

In non-oil exports, those to the United States grew by 18% annually and those to the rest of the world by 7.1%.

In July, exports of manufactured products amounted to 49.745 billion dollars, an increase of 15.9% at an annual rate, which were driven by machinery and special equipment for various industries that increased 53.2%.

Exports of mining and metallurgical products increased by 28.5%, electrical and electronic equipment and appliances by 15.3%, food, beverages and tobacco by 10.6% and automotive products by 7.2%.

As regards the imports, Mexico bought 54,861 million dollars abroada 13.3% increase.

Imports of consumer goods amounted to $7.987 billion, an annual increase of 16.5%.

Intermediate goods worth US$41.66 billion were also imported, 13.3% higher than that reported in July 2023.



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