Vietnam exports to Mexico on the rise

In the first three months of 2011, Vietnam’s exports to Mexico reached US$214 million, up 20 percent against the same period last year, said the Commercial Section at the Vietnamese embassy in Mexico.

 The increase was attributed to the rise in both the volume and prices of traditional products exported to the country such as footwear, garments, textiles, and seafood.

 The recovery of the Mexican economy was also a factor which increased the value of Vietnamese exports to the country.

 Meanwhile, Vietnam’s imports from Mexico fell to US$12 million, about 50 percent less than the same period last year.

 In 2010, trade turnover between the two countries was US$914 milllion and it is estimated to be over US$1 billion in 2011.

(VOV)