The value of exports from the Mexican automotive industry grew 33.8 percent in October, year-on-year, almost double the 18.5 percent of all Mexican exports, reported the national statistics agency Inegi.
Exports totaled $46.38 billion for the month and exports from the automotive industry $14.62 billion, a figure equivalent to 31.5 percent of total exports.
In the accumulated January-October, total exports were $479.56 billion, 19.5 percent more than in the same period of 2021. Sales of the automotive sector accumulated $135.98 billion, 19.7 percent more.
Of Mexico's automotive exports, the United States imported $113.07 billion, or $83.2 of every $100 sold.
Total imports from Mexico were $51.29 billion in October and $506.87 billion in the accumulated January-October, 14.8 percent and 22.8 percent, more than the same periods in 2021.