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SourceMex PDF file 1995 right arrow Aug

Mexico's Expanding Trade Surplus Causing Tensions with U.S.

LADB Article ID: 55972
Category/Department: Mexico
Date: 1995-08-23
By: LADB Staff

The devaluation of the peso has continued to boost Mexico's trade surplus through the middle of this year, mostly at the expense of the US. According to a report filed in mid- August by the Finance Secretariat (SHCP), Mexico attained a trade surplus of US$3.69 billion in January-July of this year, a sharp contrast with the US$10.39 billion deficit reported in the same seven month period in 1994.

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