Gasoline production hit a 40-month high in Mexico in May, reaching a daily average of 417,000 barrels, state-owned oil giant Petroleos Mexicanos, or Pemex, said.

Gasoline imports in May, meanwhile, were at the lowest level since January 2010, averaging around 260,000 barrels per day (bpd), Pemex said in a statement.

Production of petroleum products hit an average of 1.54 million bpd in May, the highest level since 2009.

The six company-owned refineries produced an average of 1.48 million bpd of gasoline and other petroleum derivatives in the January-May period, up 3 percent from the same period last year, Pemex said.

Mexico's gasoline consumption reached 805,000 bpd in May, the highest level of the year, Pemex said. EFE