Mexican Exports to US Down Nearly by Half


Photo: Confoot

By THE PULSE NEWS MEXICO STAFF

The export of Mexican goods to the United States dropped by more than 48 percent in April, to just $15.823 billion, due to the economic slowdown provoked by the global covid-19 pandemic, according to the U.S. Census Bureau.

This figure represents the lowest flow of Mexican goods northward since records first began to be taken in 1985.

As a result of the historic drop in exports, Mexico ceased to be the United States’ largest trade partner, being overtaken by China and Canada, respectively.

About 80 percent of all Mexican exports are to the United States.

…June 5, 2020

Categories: Economy, Mexico, U.S.-Mexico relations, UncategorizedTags: , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.