Mexico Records $4.52 Billion Trade Surplus in April

Deep News
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Mexico achieved a trade surplus of $4.52 billion in April, with both exports and imports for the month showing significant year-on-year growth. Data released by Mexico's National Institute of Statistics and Geography on Monday showed that Mexico's exports in April reached $72.04 billion, a 32.6% increase compared to the same period last year; imports amounted to $67.52 billion, up 24.1% year-on-year. Driven by higher oil prices, petroleum exports grew by 7.9% to $2.05 billion. The average export price for Mexican crude oil in the month was $94.99 per barrel, compared to $61.01 per barrel in the same month last year; daily crude oil export volume decreased from 726,000 barrels to 478,000 barrels. Petroleum imports increased slightly by 0.6% to $4.74 billion. Exports of manufactured goods rose by 34% to $65.69 billion; mining exports surged by 71% to $2.08 billion; agricultural exports saw a slight increase of 0.1% to $2.23 billion. Excluding petroleum products, imports of intermediate goods for production increased by 31.9% to $51.02 billion; imports of machinery and equipment grew by 1.3% to $4.79 billion. Imports of non-petroleum consumer goods rose by 11% to $6.97 billion. From January to April this year, Mexico's trade surplus reached $3.51 billion, compared to a trade deficit of $314 million in the same period of 2025.

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