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LatinNews Daily - 28 November 2025
In brief: Mexico’s trade balance swings to surplus in October
*Mexico’s national statistics institute (Inegi) has released trade figures for October 2025, revealing a trade surplus of US$606m. This compares to a deficit of US$2.4bn in September and a deficit of US$1.94bn in August. Inegi attributes the trade surplus to an increase in the surplus of non-oil products, which went from a deficit of US$128m in September to a surplus of US$2.74bn in October, as well as a smaller deficit in the balance of oil products, which went from US$2.27bn in September to US$2.13bn in October. Imports in October totalled US$65.53bn, up 12.8% year-on-year, while total exports reached US$66.13bn, up 14.2% year-on-year.
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