Mexico‘s Ministry of Economy reported that it is monitoring eight strategic industrial sectors in order to make decisions. After a slight contraction at the end of 2023 and a marginal expansion in the first quarter of 2024, the Mexican economy showed modest growth in the second quarter of
The Ministry of Agriculture (Sader) has promoted new market openings for Mexico‘s agri-food exports. Among these openings are those for balanced feed, Persian lemons, blueberries and tuna offal. What is significant: the reduction or elimination of trade barriers boosts exports. Mexico’s agri-food exports In 2023, Mexican external sales
Although it is the sixth largest corn producer in the world, how much white corn does Mexico currently import? In no other country is white corn consumption as important as in Mexico, due to its high per capita consumption (346 kilos). In 2023, Mexican corn production was 27
Why does Mexico prohibit transgenic corn? Before answering this question, it is important to know that this prohibition is only for planting or for human consumption. A first reason is that Mexico is the Center of Origin of 57 of about 64 corn breeds. The Mexican government argues
With Ternium’s three plants in Mexico now operating in the states of Veracruz and Monterrey, the company is pursuing a $3.5 billion investment plan in the country. In February 2023, Ternium announced that it would invest US$2.4 billion for a new plant at Ternium’s industrial center in Pesquería,
Orbia’s research and development projects have seen increasing investments in recent years. These investments are aimed at changing the production of goods with higher added value in all of the company’s business groups. The trend of Orbia’s investments in the last three years is shown below: 2021: US$69