Mexico wants more trade with Brazil

The secretary of Economy, Eduardo Sojo Garza Aldape, recognized that the commerce between Mexico and Brazil “still is very small”, although from the year the 2000 commercial activity between both nations was tripled.

During the Enterprise Forum Mexico-Brazil he abounded that while in 2000 the bilateral commerce was of 2.557 million dollars, to the closing of the last year ascended to 7.561 million dollars, which meant an increase of 195,7 percents. In as much, the Mexican exports to Brazil during the same lapse of reference happened of 754 million dollars to 1.979 million dollars, which represented an increase of 162,5%, it added today in the encounter celebrated in that country. As for the originating imports of Mexico of Brazil, these happened of 1.083 million dollars in 2000 to 5.582 million dollars at the end of the last year, which is equivalent to an increase of 415 percents.

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Nevertheless, the civil employee mainly in the last emphasized that there was a change in the tendency of the deficit of the trade balance of Mexico with Brazil, year, informed the Secretariat into Economy (). In 2005 east indicator he was of 4.370 million dollars, in 2006 he was located in 4,242 million dollars and to the closing of 2007 in 3,602 million dollars. For that reason he reiterated the importance of increasing the bilateral commerce, since at the moment, of the total exports from Mexico to the 2007 closing, only 0,7 percentage points were directed to Brazil. Meanwhile, of the total of the sales of Brazil to I finish of the last year, 2,7% were directed solely to Mexico. The holder of stood out that Brazil is an important destiny of the Mexican investments, since in the percentage distribution of Mexico in Latin America and the Caribbean, 37% were located in that nation. With information of Notimex