Grain prices will continue to increase in 2023 because risks in the geopolitical context, in the energy sector and fertilizer prices are high, projected the French credit insurer Coface. So it can be said that the entire value chain will continue to be affected in 2023. The war
Mexico‘s economy posted 3.1% y-o-y growth in 2022, driven by private consumption and manufacturing. Going forward, BBVA forecasts that private consumption will continue to show resilience in 2023, while manufacturing will weaken in the face of lower external demand. The manufacturing sector regained its pre-Covid-19 pandemic output level
The World Bank projects monetary poverty using the $6.85 a day poverty line (2017 PPP) to decline from an expected 28.9% in 2023 to 28.7 and 28.2 in 2024 and 2025, respectively. But overall, poverty and inequality are persistent in Mexico. In 2020, the poverty rate was 43.9
Over the last three decades, the Mexican economy has underperformed in terms of growth, inclusion and poverty reduction compared to similar countries, according to the World Bank. Mexico‘s economy had an estimated growth of just over 2.0% per year between 1980 and 2022, limiting progress in convergence relative
Imported wines dominate the Mexican market, with a market share of approximately 60%, according to an analysis by Wine Australia. Wine Australia is a statutory corporation of the Australian government that promotes and regulates the Australian wine industry. In 2022, Mexico imported approximately 169 million liters of wine
Brazil was the largest exporter of frozen beef in 2022, recording external sales of $10.938 billion, an increase of 6.9% over 2021. Overall, Brazil remains an important partner in the global trade of certain agricultural products, especially soybeans, beef, poultry, sugar, orange juice and coffee. In 2021, the