China, the European Union and Brazil were placed as the largest pork producers in 2023 and will remain so in 2024, according to forecasts by the U.S. Department of Agriculture(USDA). At the top, China produced 57 million 940,000 tons in 2023, a year-on-year increase of 4.6 percent. The
The United States recorded a 63.1% decrease in its imports of gallium from China in 2023, to 690 million dollars, affected by control measures on Chinese exports of this metal. With this, China went from being the first supplier of this chemical element in the U.S. market in
China led in 2019 (latest available data) domestic support under Annex 2 of the World Trade Organization (WTO) Agreement on Agriculture (Green Box). A report from this body indicates that China granted $177 billion under this item and allocated the largest share to infrastructure services. What is the
Neither Brazil nor Mexico has been able to articulate an integration agenda to increase intraregional trade in Latin America and the Caribbean. In 2022, this trade shows one of the lowest levels of integration in recent decades. Of the total imports that Latin America and the Caribbean made
Trade integration in Latin America and the Caribbean now has a new opportunity to take place with nearshoring, said Luz María de la Mora, former Undersecretary of Foreign Trade of the Mexican government. In an analysis published by ECLAC, De la Mora believes that the challenges faced by
U.S. imports claimed under the Generalized System of Preferences (GSP) program were $18.7 billion in 2023, a year-over-year drop of 13 percent. The GSP, which extends preferential tariff treatment to certain products from beneficiary developing countries, expired on December 31, 2020. The scenarios? GSP reauthorization requires an act