Air Freight News

Mexico’s trade gap widens more than expected on fuel-import costs

Mexico’s trade deficit widened more than expected last month as the cost of imported fuel soared while consumer goods imports also jumped.

The deficit reached $5.96 billion last month, more than the $5.0 billion median estimate of economists surveyed by Bloomberg. Imports increased 17% from a year earlier, the national statistics agency said Friday, driven up by a 64% increase in petroleum products. Exports rose 14% over the same period. 

Bloomberg
Bloomberg

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

US, Australia sign Customs Mutual Assistance Agreement

CMAA enhances trade and security cooperation

View Article
https://www.ajot.com/images/uploads/article/CHINA-ECONOMY_6.JPG
‘China Shock 2.0’: EU primed for action?
View Article
Afreximbank Africa Trade Report shows Africa can turn geopolitical disruptions into long-term growth opportunity

The report highlights Africa’s continued growth resilience despite significant headwinds occasioned by escalating geopolitical tensions and ensuing economic shifts

View Article
https://www.ajot.com/images/uploads/article/Do%C4%9Fukan_%C5%9Eim%C5%9Fek%2C_General_Manager%2C_AVS_Global_Ship_Supply.jpg
Strait of Hormuz tensions highlight need to put seafarer welfare at the center of contingency planning, says AVS Global Ship Supply
View Article
Freight forwarders helped make Brexit-era UK–EU trade manageable

As the UK marks ten years since the Brexit referendum, the British International Freight Association (BIFA) is highlighting the vital role played by its members in helping businesses adapt to…

View Article
https://www.ajot.com/images/uploads/article/Thailand_launches_FastPass_program.jpg
Thailand launches FastPass program
View Article