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LatinNews Daily - 29 November 2021
In brief: Mexico records trade deficit in October
* Mexico’s national statistics institute (Inegi) has released the latest figures on the country’s balance of trade, which show that the country recorded a US$2.70bn trade deficit in October this year, compared with a US$6.26bn trade surplus in October 2020. Over the January-October period, Mexico has accumulated a US$11.97bn trade deficit. According to Inegi, Mexico’s exports remained largely unchanged in October 2021 compared with 2020, at US$41.96bn, while imports grew 25% year-on-year to US$44.66bn.
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