Friendshoring represents an important economic opportunity for Canada and Canadian workers, according to the Canadian government. As a stable democracy with a skilled workforce and a rich endowment of natural resources, Canada has a solid foundation as a supplier of critical goods to its allies. The Canadian government
The Brazilian government expects the reopening of China in the first half of 2023 to be positive for the Brazilian economy, due to the number of Brazilian companies exporting raw materials to the Asian country. In 2022, Brazilian exports of products were US$334.463 billion and had China as
Panama‘s ports and the Panama Canal have shown a growing trend in their operations through 2022, according to information from the Panamanian government. On the one hand, in 2022, the Manzanillo International Terminal (MIT) handled approximately 2.7 million TEUs of cargo and containers, compared to approximately 2.8 million
Peru led the world in cranberry exports in 2022, with shipments of US$1.351 billion, a record. Cranberries are Peru’s main agricultural export product, according to the National Institute of Statistics and Informatics (INEI). Where did these foreign sales go? Mainly to the United States (52%), the Netherlands (22.9%),
At the end of December 2022, the Mexican banking system’s total assets amounted to 12 trillion 524.4 billion pesos, which represented a real annual increase of 4.9% with respect to the end of December 2021. At the same time, at the close of December 2022, the outstanding loan
Guadalajara’s exports were valued at US$323 million, while total imports were US$636 million, according to the Ministry of Economy. Guadalajara’s main exports in 2022 included distilled spirits (tequila, among others), fresh horticulture, and fats and oils. Likewise, the most prominent international markets for these shipments were the United