The trade flow of the mining-metallurgy industry increased 20.9 percent, year over year, in April to $2.79 billion. This increase is the most dynamic in the last 25 months and the amount is the highest in the last 13 months, according to a SteelOrbis analysis of data from the national statistics agency Inegi.
With the increase in April, the trade flow broke the negative trend of the last four months (since December 2023). The greatest dynamism was recorded in imports with a year-over-year increase of 23.8 percent to $1.53 billion.
The value of exports increased 17.6 percent. It is also the most dynamic percentage increase in the last 25 months, only surpassed by 19.2 percent in March 2022.
In the accumulated to April, exports totaled $4.41 billion, imports at $5.38 billion and the trade flow at $9.79 billion, figures that represented annual decreases of 5.7, 1.9 and 3.6 percent, respectively, compared to the January-April period of the year. past.
The trade balance was negative for Mexico by $268 million, 65.0 percent more than the trade deficit in April of last year. In the accumulated amount it was $968 million, 20.6 percent more, compared to January-April 2023.