Orbia‘s outlook is cautious, after posting a 15 percent year-on-year drop in net sales in the first half of 2023, to US$4.457 billion. At the same time, its net income was US$112 million, a plunge of 81 percent. Orbia operates in the Polymer Solutions (Vestolit and Alphagary), Building
Cemex‘s sales totaled US$8.602 billion in the first half of 2023, with cement sales in Mexico standing out. On a year-over-year basis, this amount grew 11%, according to Cemex, a global building materials company. On the one hand, the results implied for Mexico its first increase in cement
Inegi reported this Thursday Mexico‘s foreign trade statistics for the first half of 2023, with a deficit of 6.344 billion dollars. On the one hand, Mexican exports totaled 291,968.5 million dollars, this is an increase of 3.9% year-on-year. On the other hand, imports to Mexico totaled 298,312.3 million
The Mexican government officially initiated the process to create the One-Stop Shop for Investors and the Single Registry of Investment Projects. Once in operation, people who want to invest in projects of more than US$100 million can access the support of the Ministry of Economy. In general, the
Oil exports from Canada to the world in 2022 ranked fourth globally at $120.5 billion. Above that level were Saudi Arabia, Russia and the United Arab Emirates. To the world as a whole, Canadian merchandise exports were $600 billion last year, a 19% advance over 2021. At year-on-year
India moved from 11th to 8th position among the world’s largest importers of goods from 2021 to 2022. Indian imports were $732.6 billion last year, an increase of 28% year-on-year. With this, India ranked among the world’s top 10 goods-importing economies for the first time, displacing South Korea,