Export Growth Slowed In October In Mexico
Mexico, October
Exit
30 billion 800 million US dollars, an increase of 13.4% over the previous year, the lowest growth rate in nearly 6 months.
Among them, oil exports increased by 32%, a 16.8% increase over the same period last year, and 10.4% of non oil exports, eleven percentage points lower than 20.5% of the same period last year.
According to the analysis, Mexico's exports in October showed Mexico's dependence on the US market.
Economics
Lack of vitality led to a decline in Mexico's exports to the United States.
In particular, the manufacturing industry in Mexico is closely related to the development of the US industry, and 2/3 of Mexico's economy comes from exports. Any change in the US economic development will directly affect Mexico's exports.
In view of the US
Economics
Mexico's export growth trend is not optimistic because of its poor performance.
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