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Vietnam Today

Exports to Mexico booming

Released at: 17:55, 30/03/2016

Exports to Mexico booming

Jan-Feb figure of $257 million up 41% year-on-year.

In the first two months of the year Vietnam’s exports to Mexico reached $257.2 million, a 41.4 per cent increase year-on-year, according to the trade office at the Vietnamese Embassy in the country.

Vietnam also imported $63.3 million from Mexico in the period, a 4.46 per cent increase year-on-year.

Total two-way trade was therefore over $320.46 million, 32.17 percent higher year-on-year.

Larger volumes of mobile phones, computers and accessories, transport vehicles, coffee, and wooden products were behind the surge in exports, according to Mr. Hoang Tuan Viet, Vietnam’s Trade Counselor in Mexico.

Last year export turnover to Mexico was almost $1.54 billion, a 49.16 per cent increase compared to 2014 and the highest increase in a decade.

Mr. Viet said that market demand is changing, as in the first two months trade turnover in footwear, computers and accessories, tra fish, and transport vehicles have gone down compared to the same period of 2015 but had little influence on total export turnover to the country.

Vietnam’s main exports to Mexico remain mobile phones and accessories, leather footwear, computers, electronics, aquatic products, garments and textiles, transport vehicles, coffee, furniture, and rubber.

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