Latin American trade surplus with U.S. up 2.9%

The trade surplus for all of Latin America with the United States went up 2.9% in June, according to abc.com.py. The total trade surplus for the first six months of 2011 totaled $38.644 million compared to $35.830 million last year, but not all countries experienced a gain.

• Mexico’s trade surplus increased from $32.884 million for the first six months of 2010 to $34.441 million this year.

• Thanks to oil exports, Venezuela’s surplus grew 5.9% in June and totaled $17.030 million for the first half of the year, compared to $11.348 million last year.

• Colombia totaled $3.695 million in the first period compared to $1.445 million last year.

• Brazil currently has a trade deficit with the U.S. that has risen to $6.015 million from $4.972 million last year.

• Argentina’s deficit increased to $2.380 million, up from $1.713 million last year.

• Chile’s deficit rose from $1.456 million to $2.518 million in 2011.

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