Mexico’s imports from Russia grew by 21% to $1.2 billion
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The volume of Mexico’s imports from Russia in January-June amounted to $1.19 billion, which is 21% more than in the same period in 2021. TASS data from the Central Bank of Mexico.
In June, imports amounted to $275.4 million, the highest figure among other months of this year. In 2021, the trade turnover of the countries amounted to $4.5 billion. Mexico mainly imports products of the metallurgical and chemical industries from Russia. Exports from Mexico dropped significantly, from $70 million in February to $1.3 million in June.
Mexico did not support anti-Russian sanctions imposed in response to the military operation in Ukraine. Similar position stick to Argentina and Brazil. Mexican President Andres Manuel López Obrador suggested stop all military conflicts and trade wars for five years.
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