China, the European Union, the United States, Brazil, Russia and Vietnam were the top pork producers in the world in 2022, according to data from the United States Department of Agriculture (USDA). With a year-on-year growth of 15.8% and a production of 55 million tons, considering equivalent carcass
Mexico‘s GDP grew 3.7% in the first quarter of 2023 compared to the same period in 2022, Inegi reported Friday. In a breakdown, tertiary activities increased 4.2%, primary activities rose 2.9% and secondary activities climbed 2.4%. Likewise, in the first quarter of 2023 and with seasonally adjusted figures,
Manufacturing industry accounted for 11% of U.S. Gross Domestic Product (GDP) in 2022, according to data from the Bureau of Economic Analysis (BEA). Using seasonally adjusted data, manufacturing increased from $2.497 trillion in 2021 to $2.794 trillion in 2022. The contribution of manufacturing to U.S. GDP has continued
Global Value Chains (GVCs) have China, the United States and Germany as their predominant centers, according to an analysis by the United Nations Conference on Trade and Development (UNCTAD). To begin with, GVCs involving both domestically owned companies and transnational corporations (TNCs) in the manufacturing sector can be
Mexico achieved a record in its imports of capital goods in the first four months of 2023, with 17.609 billion dollars, reported Inegi. The previous all-time high was in the same period of 2022, when these imports totaled 14.473 billion dollars. Thus, this indicator grew at a year-on-year
Exports of Mexico totaled 187,307.9 million dollars in the first four months of 2023, a year-on-year increase of 4.2%, reported Inegi. However, there was a contrast: external oil sales decreased 20.3%, to 10,182.2 billion dollars, and non-oil shipments increased 6.1%, to 177,125.7 million. The Mexican economy depends on