Asia exports accelerating
- Category: Portum
Mexico skyrocketed its product exports to Asia after Trump's victory, making this a primary indicator of where companies might aim to diversify foreign sales. Mexico increased its Asia exports by 36.8% during November, as it is the most dynamic destination of this indicator among the five continents. Asia is headed to become the second market of Mexican continental exports, after America and displacing Europe. During this month, inter annual rate of Mexican sales to Malaysia escalated 972%; sales to Thailand, went up by 130%; to Japan, 73%; to India, 46%, and to China, 43%, according to data from the Bank of Mexico.