Mexico's exports to the U.S. rebounded 72% in June

05/08/2020

Mexico's exports to the United States rebounded 72 percent during June 2020 compared to the previous month, according to official data, this as a result of the reopening of businesses and shops, which remained mostly closed for about three months.

Mexico's exports to the U.S. rebounded 72% in June
Mexico's exports to the U.S. rebounded 72% in June

According to figures from the U.S. Census Bureau, Mexico's exports to the United States amounted to $25.803 billion dollars during June, a figure higher than the $14.926 billion reported in May.

Regarding imports, these were located at $15.787 billion dollars during June, 51 percent more compared to $10.44 billion last May.

In its annual comparison, there are still effects, since the 25,803 billion dollars in goods and services that Mexico sent to the U.S. during June, is 18 percent lower than the 30,473 billion in the same month of 2019.

In the accumulated, in other words, from January to June, Mexican exports to the U.S. stood at 144,56 billion dollars, 19.7 percent less compared to 179,481 billion dollars in the same period last year.

During June, the main trading partner of the United States (measured by the sum of imports and exports) is China, with a total trade of 46.9 billion dollars; in second place is Mexico, with 41.6 billion.

From January to June, Washingon's most important partner is Canada with a total trade of 245.1 billion dollars, while Mexico is in second place with 243.1 billion dollars.