A few days ago, new data came out from the Organization for Economic Cooperation and Development. The most noteworthy fact was that Mexico increased its imports and exports by more than 10% in the first half of the year. An interesting figure that makes the healthy struggle between Mexico and the United States for the North American Free Trade Agreement (NAFTA) crown an authentic reality.
Exports from Mexico were for 111.8 billion dollars and imports reached 114.1 billion dollars. In fact, Mexican exports also experienced an improvement in the second quarter compared to the first. In the case of the United States, exports were worth 410.8 million dollars and their imports worth 630.4 million dollars.
Some data that allow the NAFTA partners to talk about a favorable climate
The North American Free Trade Agreement (NAFTA) is composed of Canada, Mexico and the United States. Partners with a clear vocation to open markets and that shapes a booming and prosperous international trade map. However, the giant on the other side of the world, China is still in the fight. In fact, we can say that it increased its exports 9.5 percent.
In short, these are some data that although gives us a clear idea of the export trend that is experienced in North America, there are other markets that we have not mentioned such as Brazil, Russia, Argentina and Australia, which have experienced more growth robust.
At
Lamaignere we are aware of the need to connect the Mexican and American markets. So we have our own offices in Mexico City and Miami respectively to coordinate operations with any type of merchandise and specific sectors.
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