For the second consecutive month, the value of exports from Mexico’s mining-metallurgy industry increased, rising 2.7 percent in September, year-over-year, to $1.12 billion. In contrast, imports registered the seventh consecutive annual decline, down 15.3 percent in September, according to a SteelOrbis analysis of data from the national statistics agency Inegi.
Imports totaled $1.22 billion, a figure that represented 52.1 percent of September's trade flow, which totaled $2.34 billion. Imports have accumulated seven annual declines and the trade flow has accumulated eight annual declines.
In the January-September period, trade flow totaled $22.92 billion, imports at $12.41 billion and exports at $10.52 billion, figures that represented annual decreases of 6.3, 6.1 and 6.5 percent, respectively, compared to the same period last year.