Exports surged during the third quarter by 21.5 percent from the previous year, the bank report said.
Is the pound supposed to collapse and are exports then to surge?
At the same time, Japanese exports to China surged by 39.3 percent.
Exports surged to a record and a slowing economy at home cut imports sharply.
While Mexico's recession has been deeper than expected and unemployment remains high, exports have surged.
Others noted that the report showed that exports had surged.
Mexico's exports to the United States and the rest of the world, by then much cheaper, surged.
Exports surged to 44.2 billion marks, or $23.9 billion, in August, almost 23 percent larger than the figure a year earlier.
The deficit narrowed to $13.2 billion in November as exports surged to a record level of $23.8 billion.
In Brazil, where investors seemed close to a panic last year, exports are surging and the currency remains stable.