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Mexico's imports from Russia increase by 20% in first half of 2022

Mexico imported goods from Russia worth $1.193 billion in January-June of this year, according to the latest figures from the Bank of Mexico

Russia | Mexico | imports


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imported goods from worth USD 1.193 billion in January-June of this year, according to the latest figures from the Bank of .

In June, the volume of from exceeded USD 275 million, which is the second highest figure in Mexico's history (the country purchased more from only in May 2021: USD 283 .9 million).

In the first half of 2022, Mexico's volume of from Russia amounted to USD 1.193 billion, according to the Bank of . This is 20.85 per cent more than last year's figure (USD 987.6 million).

Russia is the main supplier of fertilizers to Mexico with a share of about a quarter of all of nitrogen and mixed nitrogen, phosphorus and potash fertilizers. Other important imports from Russia include rolled steel, aluminium and synthetic rubber.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Sat, August 27 2022. 09:56 IST