Levi Strauss & Co, famous for its jeans, highlighted three of its business strategies with which it aspires to be the best apparel company in the world. In the fiscal year ended last November 26, the company had net revenues of 6.179 billion dollars, an advance of 0.2%
Mexico‘s oil exports fell at a year-on-year rate of 14.8% in 2023, to $3.29 billion, according to data from the Bank of Mexico. Dominated by Pemex, a state-owned production company, Mexico’s oil exports include crude oil and petroleum products. Pemex is Mexico’s largest company by revenue and ranked
Mexican manufacturing exports grew 4% in 2023 over 2022, totaling 538.838 billion dollars, according to data from the Bank of Mexico. What does the manufacturing sector comprise? Establishments dedicated to the mechanical, physical or chemical transformation of materials, substances or components into new products. After falling from $411
The increase in the average container spot freight rate during the last week of December, by more than $500 in one week, was the largest weekly increase ever recorded, UNCTAD reported. Container spot rates refer to the spot market contracting of containerized cargo transportation services. Average container shipping
During 2023, Mexico‘s product trade balance showed a deficit of US$5.464 billion, which compares with a deficit of US$26.879 billion observed in 2022. The trade balance is an economic term that refers to the difference between the value of a country’s exports and imports of goods and services
The United Nations Conference on Trade and Development (UNCTAD) expressed its «deep concern» over recent disruptions in maritime transport. In particular, increasing disruptions to world trade have been caused by geopolitical tensions affecting shipping in the Black Sea, attacks on shipping in the Red Sea affecting the Suez