The Brazilian real and the Mexican peso both strengthened around 1 percent.
The International Monetary Fund slashed Mexico's growth forecasts from 2.3% to 1.7% for 2017.
The jump in factory exports helped lift Mexico's trade balance to a US$28 million dollars surplus in November when adjusted for seasonal swings.
"We have estimated that if NAFTA were eliminated in its totality the GDP fall could be around 2.7 percent," said U.N. executive secretary Alicia Barcena.
14.6% of companies say they've stopped investing in Mexico's private sector as a result of crime.
The Bank of Mexico raised the country's key interest rate for the fourth time this year.
GDP expanded 2.0 percent, slightly above analysts' expectations
The cut is due to exports' weaker-than-expected performance
According to preliminary data released by national statistics agency (INEGI) at the end of last month, seasonally adjusted GDP contracted by about 0.3 percent from the prior quarter.
Experts reduce their growth expectations from 2.45% to 2.40%.