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Exports from China to Mexico grow 28% in 2022

After the COVID-19 pandemic affected exports, by 2021, for this year, more than 100 billion dollars in products imported to Mexico from China were exceeded.

China exported products worth 79.4 billion dollars to Mexico between January and August 2022, a growth of 28 percent compared to the same period last year, according to figures from the Bank of Mexico (Banxico) collected by the China Homelife platform. Mexico.

In this way, as Bi Nu Pillai, director of operations of the Chinese company Me Orient, reported in a statement, the growth of bilateral trade is a sign that Mexico is a priority for China.

The success of trade between the two countries, Bi Nu added, responds to activities that promote links between business people, such as China Homelife Mexico, which is dedicated to generating meetings between Chinese businessmen who seek to do business with their Mexican counterparts.

The information is disseminated in the middle of an exhibition organized by the platform in Santa Fe, a residential and commercial district in the west of Mexico City, which brought together Chinese suppliers.

This fair estimated to register 20,000 business appointments with 680 exhibitors and welcome 15,000 visitors, according to Marcos Gottfried, director of Tradex, stated in the statement.

On the other hand, the director of the Mexico-China Chamber of Commerce and Technology, Carolina Núñez, recalled that despite the fact that the coronavirus pandemic affected exports in 2020, the following year more than 100 billion dollars in exported products were exceeded. from the Asian country.

“Currently, 75 percent of exports to Mexico are incorporated into a Mexican production line and from there products come out, which in turn Mexico exports to its trading partners,” added Núñez.

Among the exports of 2021, medical materials and intermediate goods stood out, highlighted the president of the Mexican Chamber of Commerce in Hong Kong, Susana Muñoz.

Sales from Mexico to China have also grown an average of 7 percent in recent years, although the Latin American country still has the potential to continue growing, Muñoz said.

The most exported Mexican products to the Asian country in 2021 were minerals such as copperauto parts and vehicles.

Source: .elfinanciero.com.mx

Mexico Daily Post

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