Imports of capital goods to Mexico totaled 37.744 billion dollars in the first eight months of 2023, an interannual increase of 22.5%, according to Inegi data. In August, this indicator totaled US$5.205 billion, up 18.2% over the same month of 2022. During 2022, total imports (excluding services) increased
Solar panels convert light from the sun into electrical energy through a photovoltaic process, a special process to separate electrons from sunlight to create electricity. In turn, according to Camimex, photovoltaic cells are devices made of light-sensitive metals that release electrons when photons strike them, converting light energy
The Mining Chamber of Mexico (Camimex) highlighted the 10 essential minerals for clean energy technologies. These minerals are: copper, cobalt, nickel, lithium, rare earths, chromium, zinc, platinum, aluminum and silver. According to Aspen Technology, demand for a wide range of metals and minerals, such as lithium, nickel, cobalt
Camimex‘s affiliated companies have 124 mining and metallurgical operations in 24 Mexican states. Of this total, 53 are subway, 34 are open-pit, 6 are mixed and 31 are plants. The type of mine -underground or open pit- is developed according to the geological characteristics of the deposit. Camimex
Mexico‘s automotive exports grew at an interannual rate of 11% in August, to 16,924.4 million dollars, informed Inegi. In contrast, Mexico’s foreign oil sales fell 4.6% at an annual rate, totaling 3,042.4 million dollars. In the total sum, Mexico’s product exports were 52,359.9 million dollars, which represents an
World soybean imports increased by an average of 10.9% per year between 2000 and 2021, significantly more than total agricultural imports (+7.5% per year), according to data from the World Trade Organization (WTO). The value of soybean imports increased almost ninefold, from US$10 billion in 2000 to a