VN-Mexico trade exchange enjoys steady growth
QĐND - Monday, July 23, 2012, 21:2 (GMT+7)
|Photo for illustration
Two-way trade between Vietnam and Mexico in the first five months of this year saw fairly strong growth, contributing to fortifying Vietnam’s trade surplus with the second largest economy in Latin America.
The statistics released by the Trade Office of the Vietnamese Embassy in Mexico on July 22nd showed that Vietnam earned nearly 467 million USD from exports to Mexico in this period, a year-on-year increase of 25 percent.
In May, Vietnam’s export turnover to the Latin American country reached 96.3 million USD, up almost 12 percent over the same month last year.
Vietnam has shipped mainly traditional commodities to Mexico such as garment and textile products, seafood, footwear, printer, coffee and rubber.
In the first five months of this year, Vietnam imported 39.8 million USD worth of commodities from Mexico, up 76.1 percent year-on-year.
In the context of global crisis, especially the complications of public debt in Europe, Mexico’s economy maintains positive development with GDP growth of 4.6 percent in this year’s first quarter.
The country reached over 2.6 billion USD in trade surplus with foreign countries in the first five months of this year.