Mexico’s trade deficit fell sharply to USD 726 million in October 2019 from USD 2934 million in the corresponding month of the previous year and compared with market expectations of a USD 1714 million shortfall.
Imports fell 6.4 percent over a year earlier while exports went down at a softer 1.5 percent. Considering the first ten months of the year, the country recorded a USD 1962 million surplus.
Balance of Trade in Mexico averaged -308.85 USD Million from 1980 until 2019, reaching an all time high of 2561 USD Million in June of 2019 and a record low of -4642.52 USD Million in January of 2019. source: Instituto Nacional de Estadística y Geografía (INEGI)