MEXICO CITY, April 26 (Xinhua) -- Mexico's exports fell 1.2 percent in March year-on-year, according to a report published by the National Institute of Statistics and Geography (INEGI) on Friday.
Mexican exports totaled 38.961 billion U.S. dollars during the third month of the year, with manufacturing shipments down 0.9 percent in March year-on-year to 34.346 billion U.S. dollars, said the report.
The country sent slightly more than 80 percent of its non-petroleum exports to the United States, its main trading partner, INEGI said.
Mexican imports declined by 0.5 percent in March year-on-year, totaling 37.531 billion dollars, it said.
Purchases of consumer goods fell 4.6 percent in March year-on-year, while intermediate goods increased by some 0.1 percent in the same period, said the report.
Mexico registered a surplus of 1.429 billion dollars in its trade balance in March for the second consecutive month, said INEGI.
On April 1, the Mexican government reduced its economic growth forecast for 2019 to a range between 1.1 and 2.1 percent from the previous projection of 1.5-2.5 percent, in line with the global economic slowdown.
In 2018, Mexico's gross domestic product grew 2 percent.
