Mexico displaced China as the leading exporter of goods to the United States in 2023. Since 2007, China has been the leading supplier of goods to the U.S. market, surpassing Canada in that year. From January to November 2023, the top positions among the largest goods suppliers were
According to preliminary data, South Korea recorded a current account surplus of $16.6 billion in the first nine months of 2023. The current account surplus in the first nine months of 2023 decreased from the current account surplus of $25.8 billion in the corresponding period of 2022, mainly
In the first nine months of 2023, the manufacturing industry in Indonesia grew 4.8%, compared to the same period in 2022, according to information from the Indonesian government. This was due to 4.8% growth in manufacturing industries other than coal, oil and gas and 5.8% growth. in the
The Mexican economy is classified as upper-middle income globally and some of its pros and cons are as follows, according to Goldman Sachs Trust. Since the period of economic turmoil surrounding the 1994 peso devaluation, which triggered the worst recession in more than 50 years, Mexico has experienced
Approximately 16.8% of Peru‘s land area is dedicated to herbaceous production and permanent crops. Perennial crops include: coffee, cocoa, tropical fruits (mangos, avocados, guavas, pineapples and bananas), Brazil nuts, grapes, avocados, olives, oranges and tangerines. To note: a perennial crop refers to plants that live for several years
On July 2, 2023, Mexico ratified an agreement signed by the parties to the Pacific Alliance Framework Agreement, which establishes a standard tax treatment for interest and capital gains derived from the sale of shares through any Latin American Integrated Market stock exchange. In general, this agreement aims