Mexico’s exports to China reached 5 year highest
Mexico’s exports to China during May have recorded the largest exchange rates reported in the last five years. At the end of the month, shipments to the Asian Country had an add-up of US$634 million, that is the highest amount since October 2012.
Exports to China, which represent almost 2% of all of Mexico’s exports, disclosed an 84% increase compared to later years, that is the largest growth rate in exports to this destination in nearly six years. The Bank of Mexico (BANXICO) affirms that total exports to Asia were worth US$1.7 billion, that is 21% up, compared to May 2016.