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LatinNews Daily - 29 June 2021

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In brief: Mexico registers trade surplus in May

* Mexico’s national statistics institute (Inegi) has released trade figures which show total exports in May 2021 were US$40.80bn, up 125.2% on the same month in 2020, while total imports were US$40.46bn in May, up 87.5% on the same month in 2020. This leaves a trade surplus of US$340m compared with a US$3.46bn deficit in May 2020. Non-oil exports accounted for US$38.52bn of total exports, up 124.5% on May 2020; while oil exports accounted for US$2.27bn, up 137.9% on May 2020. In the first five months of 2021, Mexico’s exports totalled US$193.44bn, up 29.3% on the same period in 2020 while imports totalled US$193.10bn, up 26.4% on the same period in 2020.