During 2023, Mexico‘s public finances remained healthy, with an expected primary surplus of 0.1% of GDP and total public sector needs (the broadest measure of the deficit) of 3.9% of GDP. The budget of the Ministry of Finance and Public Credit (SHCP) for 2024 considers an increase in
Five northern border states dominated the top positions in Mexico‘s product exports the third quarter of 2023. How did these results turn out? Coahuila led the ranking, with US$17.243 billion. It was followed by Chihuahua (16,306 million dollars), Baja California (14,271 million), Nuevo León (14,224 million) and Tamaulipas
The share of intermediate goods imports in Mexico‘s total imports was 74.33% last November, its lowest level since December 2015. With a total of 419.637 billion dollars from January to November 2023, imports of intermediate goods are an essential part of the production chain in Mexico. At a
The share of manufacturing exports in Mexico‘s total product exports was 90.37% last November, its highest level since October 2020, according to data from the Bank of Mexico. Globally, Mexico ranks 13th among the largest exporters of products, considering 2022 statistics. In 2023, Mexico displaced China as the
Mexico‘s domestic debt totaled 11 trillion 403.3 billion pesos as of September 30, 2023, an interannual increase of 15.8%, according to data from the Ministry of Finance and Public Credit (SHCP). Of this total, 10 trillion 785 billion pesos correspond to long-term and the remaining 618.3 billion to
COSCO Shipping, one of the world’s largest shipping and logistics companies, is building a container port in Peru. Overall, according to a U.S. congressional analysis, foreign infrastructure investment in Peru by China-linked companies has grown substantially since the 2010s, a trend accelerated by Peru’s accession to China’s Belt