Puerto Vallarta News

Puerto Vallarta News

Mexico’s trade deficit narrows in June as factory exports jump

Mexican factory exports jumped in June, helping to narrow the country's trade deficit to its lowest level in more than a year, figures from the national statistics agency showed on Tuesday.

Adjusted for seasonal swings, manufacturing exports rose by 6.1 percent compared with the previous month, the biggest increase in 11 months, the agency's figures showed. By contrast, non-oil consumer imports declined by 1.8 percent.

The figures helped to reduce Mexico's seasonally adjusted trade deficit to $918.3 million from $1.14 billion in May. The deficit was the lowest since March of last . . .

Read Full Story

Related Posts

Mexico withholding tax shakes real-estate crowdfunding

Mexico withholding tax shakes real-estate crowdfunding

Mexico’s 2026 tax rules force real-estate crowdfunding platforms to withhold 20%–35% on returns, complicating investing...
Mexico Real Estate Embraces AI Amid Capital Squeeze

Mexico Real Estate Embraces AI Amid Capital Squeeze

Mexico’s real estate developers grapple with pricier loans and shorter timelines. They’re embracing AI and...
el paso closed

El Paso Airspace Reopened After Alleged Cartel Drones Breach

El Paso’s airport was temporarily closed after alleged cartel drones breached U.S. airspace, prompting a...
Mexico Strikes Deal with Moderna to Produce mRNA Vaccines

Mexico Strikes Deal with Moderna to Produce mRNA Vaccines

President Claudia Sheinbaum’s government strikes a deal with Moderna and local firms to produce mRNA...