Mexican Metal Export Surge Caps a Year of Trade Growth — Panjiva
MENU

Mexican Metal Export Surge Caps a Year of Trade Growth

Cons. Discr. - Autos 1216 Materials - Metals/Mining 777 Mexico 906 Trade Balance 933 Trade Deals 1005 U.S. 5362 USMCA 458

Mexico’s international trade extended its growth streak to a 12th month in April after rising 19% on a year earlier. Export growth of 17% has been unmatched since July 2011 in part due to higher oil prices, though underlying export growth was still 15%. A 37% surge in exports of steel products may represent a bid to beat U.S. section 232 duties, due to take effect from June 1. Shipments from the automotive industry climbed 23%, though that was only part due to exports to the U.S. rising with rest-of-world sales up 43%. Concerns about NAFTA negotiations are unlikely to have played a part ...

Copyright © 2025 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.