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Apr 19, 2014 / 14:03

Trade with Mexico expands nearly 40%

Vietnam’s exports to Mexico grew by 37.25% to US$235.75 million in the first quarter of 2014, meeting 26.2% of this year’s target.

Key export items were footwear, seafood, garment, electronic components, coffee, and means of transport, with footwear topping the list, accounting for 28.38% of total export revenue.

Products attaining high growth included computers, electronics and components (US$31.07 million, up 87.19%) and garments (US$26.72 million, up 84.36%).
 

 

However, footwear and coffee saw a decline in export value.

The Vietnamese Trade Office in Mexico reported that all Vietnamese goods exported to Mexico are consumer products, while imported products are mainly input materials for production, such as machinery, equipment, electronic components, animal food, fertilisers and steel scrap.