Mexico‘s GDP showed resilience to international economic conditions in 2023, according to an analysis by Intercam Banco. In the global environment, the war between Gaza and Israel was added to an environment already fragmented by the conflict between Russia and Ukraine, where the former has begun to generate
Canada‘s manufacturing was that nation’s largest goods-producing industry by GDP (at basic prices) in 2022. According to the Canadian government, real output rose 3.1% in 2018, 0.0% in 2019 and fell 8.5% in 2020. Then, output recovered in 2021 and 2022, growing 5.9% and 3.7% respectively. Manufacturing output
Peru has an open investment regime and a legal framework that generally promotes and protects Foreign Direct Investment (FDI). After registering FDI inflows of US$11,656 million in 2022, Peru captured US$5,007 million in the first three quarters of 2023. In recent years, this nation had negative FDI inflows
Digital exports totaled $3.82 trillion in 2022, representing a nearly four-fold increase in value since 2005, according to a World Trade Organization (WTO) report. How are digital exports defined? They are the international exchange and sale of digital products and services, including software, applications, multimedia content, online services,
Sales of new light vehicles (cars and light trucks) in Mexico totaled 1,361,433 units in 2023, an increase of 24.4% year-over-year. Brands with the highest sales volumes include Nissan, Chevrolet, Volkswagen, Toyota, Kia, Mazda, Chrysler, MG, Hyundai and Ford. After reaching a record in 2016, totaling 1 million
Euromonitor International forecasts the global manufacturing sector to show slower growth of 2.1% in real terms in 2024, down from 2.6% in 2023. Slower global economic growth and, consequently, stagnant demand for B2B goods will affect the performance of the manufacturing sector. From this market research company’s perspective,