MEXICO CITY, Jan 28 (NNN-PRENSA LATINA) – Mexico’s exports grew 18.5 percent in 2021, compared to the previous year, bolstered by petroleum and manufacturing shipments, the National Institute of Statistics and Geography (INEGI) reported, yesterday.
The value of exports climbed to 494.225 billion U.S. dollars in 2021, compared to 416.999 billion U.S. dollars in 2020.
Meanwhile, imports grew by 32.1 percent in 2021, to 505.716 billion U.S. dollars, according to the INEGI press release.
With this, Mexico recorded a trade deficit of 11.491 billion U.S. dollars in 2021.
The export breakdown was 88.2 percent manufactured goods, 5.9 percent petroleum products, four percent agricultural goods and 1.9 percent non-petroleum extractive products, said INEGI.
