Mexico posts Q2 current account surplus of $206 mln despite US trade uncertainty

Mexico's economy posted a current account surplus of $206 million during the second quarter, reversing a deficit of $911 million in the same period last year, the Bank of Mexico said on Monday.

Mexico's current account surplus represents 0.04% of GDP, compared with a deficit of 0.19% in Q2 2024.

"The annual increase in the current account balance was primarily the result of an increase in the non-oil merchandise balance and, to a lesser extent, a decline in the services deficit," the central bank said in a statement.

The improvement came despite global economic uncertainty linked to U.S. trade policies and volatile international markets, which weighed on investor sentiment and risk appetite during the quarter, the bank said.