Mexico Exports Grow 20.9% and Amount To $25,750 Million Dollars In February

Exports grow 20.9% and amount to 25.750 million dollars in February


28/03/2011 17:11

Mexico exported products 25.750 billion in February, up 20.9% annualized with that, although growth slowed, retained levels above the expectations of the federal government and the private sector.

Imports totaled U.S. $ 25.475 million, an increase of 22%, thus bringing the country obtained a surplus of $ 275 million.

"Exports performed better than expected, but is expected to decelerate as the year progresses to have a high base," said Raul Feliz, a researcher at the Centro de Investigacion y Docencia Economicas (
The Ministry of Economy has projected that Mexican exports have increased more than 10% in 2011, after they climbed 29.8% in 2010.

Analysts in the private sector economy, surveyed by the Bank of Mexico, forecast that in 2011 the value of non-oil exports increased 10.8%, that of oil, 7.9% and imports, 12.1%.

In February, Mexico reported annualized increases of 22% of oil exports and 20.7% of non-oil exports. (INEGI

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