Natural gas imports to Mexico increased at a year-over-year rate of 5.1% in 2023, to 5,982 million cubic feet per day (MMcfd). In 2023, Pemex imported less natural gas than in 2022, totaling 463.4 million cubic feet per day, a reduction of 12.9 percent. This decrease is mainly
E-commerce in the RCEP stands out because, among other points, it is the first Free Trade Agreement (FTA) between Japan and China in Northeast Asia. The RCEP, which is the world’s largest free trade zone, was signed on November 15, 2020 during the ASEAN Summit. This agreement includes
In the last 10 years, farm-raised shrimp production grew 60% to meet world demand. Now, more than 54% of all shrimp consumed in the world comes from farms. Both figures were highlighted by Trans American Aquaculture, an aquaculture company that specializes in raising, developing and selling sustainably farmed
Mexico‘s furniture market totaled US$9.74 billion in 2023, up 14.5% annually. This sector is expected to grow to US$10.74 billion by 2029. The figure is based on Statista projections referred to by the Jalisco Furniture Manufacturers Association (Afamjal). The main subsectors of the furniture market in Mexico are:
The world’s largest furniture exporters in 2023 were China, Germany, Vietnam, Italy and Mexico. With a marked difference, China accounted for 40.6% of external sales of these products. This classification includes furniture; medical-surgical furniture; bedding and similar articles; certain lighting fixtures, prefabricated buildings, among other goods. Furniture exporters
Chinese customs give the best tariff treatment to Hong Kong, Macao, Chile and New Zealand, according to a World Trade Organization (WTO) report. China applies preferential tariffs under its preferential trade agreements (PTAs) and regional trade agreements (RTAs). In China‘s RTAs, the percentage of duty-free tariff lines varies.