Vietnam’s exports to Mexico growing steadily

Vietnamese exports to Mexico have maintained a strong growth, earning US$564 million in the first half of this year, a year-on-year rise of over 24%.

According to Vietnam’s Embassy in Mexico, this figure is mainly attributable to key export items including footwear, garments, aquatic products, electronic goods and spare parts, coffee and rubber.

Vietnamese Commercial Counsellor in Mexico Hoang Anh Dung said that during the reviewed period, Vietnamese businesses imported Mexican goods worth over US$46 million, an annual rise of 64.72%, including iron and steel, computers, animal feed, electronic products, spare parts and accessories.

In June alone, Vietnam’s exports to the country hit over US$97 million, up by nearly 21% year-on-year. However, imports from the Latin American country also rose by 19% from the same period last year.

Vietnam’s two-way trade with Mexico is now the second largest in the Latin American, after Brazil, the largest economy in the region.

VNA