Mexico-UAE Bilateral Trade Grows 38% In 5 Years



Binsal Abdulkader | Emirates News Agency

Mexico-UAE bilateral trade has witnessed an approximate 38 percent upsurge in the past five years (2016-2020), a senior Mexican official told the Emirates News Agency (WAM), adding that Mexico wants to be a strategic partner for the UAE in agri-food sector.

“The bilateral trade between 2016 and 2020 registered an average annual growth rate of 6.7 percent, from US$511 million in 2016 to US$705.1 million [37.9 percent increase] in 2020,” said Martha Delgado, Mexican Vice Minister for Multilateral Affairs and Human Rights, who was on an official visit to the UAE recently.

UAE, 2nd largest trade partner in ME “For Mexico, the UAE is a strategic partner in the Middle East. It was our second largest trading partner in the region in 2020 and 47th partner worldwide,” she said.

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