Azernews.Az

Monday, November 2, 2026

Mexico seeks to increase trade turnover with Azerbaijan

27 April 2018 14:10 (UTC+04:00)
Mexico seeks to increase trade turnover with Azerbaijan

Trend:

In 2018, Mexico intends to increase the trade turnover with Azerbaijan up to $25 million, Ambassador of Mexico to Azerbaijan Rodrigo Labardini said.

Labardini made the remarks during the event on the occasion of the Mexican trade mission's visit to Azerbaijan on April 27.

In 2015 -2017, the average trade turnover between the two countries amounted to $9.6 million, he said, adding that this figure was $1.2 million in 1993-2014.

The ambassador further said that bulk of the Mexican products are exported to Azerbaijan via third countries.

"Given this, indicators of the customs departments of Azerbaijan and Mexico on mutual trade do not coincide. When importing to Azerbaijan, the producer country of the good is registered. In Mexico, during the export operation, only the country where the good is exported first is indicated. Due to this, it is necessary to coordinate the statistics," he said.

According to the Azerbaijani State Customs Committee, the trade turnover with Mexico in 2017 amounted to $19.3 million. Almost the entire trade volume fell on imports of te Mexican products to Azerbaijan.

--

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more