Mexican exports increase 25% annually in January

Mexican exports increase 25% annually in January

In this way, total exports reported an annual growth of 25.6%, the result of increases of 26.9% in non-oil exports and 8.9% in oil exports. Within non-oil exports, those directed to the United States advanced 26.6% at an annual rate and those channeled to the rest of the world, 28.5%.

In the first month of 2023 and with seasonally adjusted figures, total merchandise exports showed a monthly increase of 6.06%, reflecting increases of 6.28% in non-oil exports and 2.63% in oil exports.

In January, exports of manufactured products reached 37.322 million dollars, which represented an annual growth of 28.3%. The most important variations were observed in exports of automotive products (64.9%), electrical and electronic equipment and appliances (21.1%), professional and scientific equipment (18.2%), and machinery and special equipment for various industries (17.2% ).

For their part, imports reported an annual increase of 16.3%, compared to January 2022, reaching a value of 46,716 million dollars. When considering imports by type of good, annual increases of 30.2% were observed in consumer goods, 13.5% in intermediate use goods and 19.7% in capital goods.

With seasonally adjusted series, total imports registered a monthly advance of 2.39%, derived from increases of 1.47% in non-oil imports and 10.11% in oil imports. By type of good, there was a monthly increase of 20.04% in imports of consumer goods, as well as falls of 0.06% in those of goods for intermediate use and of 0.64% in imports of capital goods.



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