Vietnam’s exports to Mexico hit record high in 10 years

Wednesday, 06 April 2016

Vietnam exported about US$1.54 billion worth of goods to Mexico in 2015, surging 49.16% against the previous year, according to the Trade Office at the Vietnamese Embassy in Mexico.


The last year’s export turnover increase was the highest rate in a decade, the office said.
 

Vietnam’s key exports to the second largest Latin America economy includes mobile phones and parts, leather footwear, computer, electronic goods and components, seafood products, in addition to garment and textile, transport vehicles and parts, coffee, furniture, and rubber. 

 



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Meanwhile, the General Department of Vietnam Customs revealed that Vietnam’s imports from the country last year topped US$477.52 million, mostly computers, electronic items, machinery and equipment, animal feeds as well as steel and metals. 
 

Two-way trade has developed significantly over the past years. Mexico is currently Vietnam’s second largest trade partner in South America, behind only Brazil while Vietnam is seen as Mexico’s 12th largest trade partner in the Asian-Pacific region.


Commercial Counsellor Hoang Tuan Viet told Vietnam News Agency that the recently signed Trans-Pacific Partnership (TPP) agreement, to which Vietnam and Mexico are two active members, would accelerate the bilateral relations, especially in trade, between the two nations in the time to come.

 Viet added that the inauguration of ANIERM’s representative office in Vietnam would also contribute to fostering Vietnam-Mexico commercial ties.

 

Founded in 1944, ANIERM is a non-profit organization working to facilitate local import, export, logistics and other services.

According to ANIERM President Arturo Perez Behr, the representative office aimed to assist Mexican enterprises in seizing trade opportunities overseas, particularly following the signing of the Trans-Pacific Partnership agreement.
As a result of a working session between the Vietnamese Embassy’s trade office and ANIERM leaders, a delegation of Mexican businesses is scheduled to visit Vietnam in May to seek new co-operation opportunities./.

Van Hai (Source: vietrade)

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