Three years after the onset of the Covid-19 pandemic, international tourism is on the road to full recovery as mobility restrictions around the world have been lifted. A World Trade Organization (WTO) report concludes that travel demand appears to be resilient in the current adverse economic environment. In
The United States, China, Germany, the Netherlands and Japan were the world’s top product importers in 2022 according to data from the World Trade Organization (WTO). This is how they recorded their respective amounts: United States (3 trillion 376 billion dollars), China (2 trillion 716 billion), Germany (1
Among the world’s largest exporters of products, China ranked first and the United States came second, according to data from the World Trade Organization (WTO). On the one hand, the year-on-year growth of Chinese exports was 7%, to 3 trillion 594 billion dollars, representing a 14.4% share of
The heavy truck market is currently valued at about $200 billion, noted Canada‘s Westport Fuel Systems. This market experienced a significant decline due to the Covid-19 pandemic and related disruptions in global logistics and supply chain systems. Original equipment manufacturer (OEM) production is back on track and facing
Canada‘s BRP estimates that the global side-by-side recreational vehicle (SSV) market will account for approximately 357,000 units in 2022. This figure represents a 20% year-on-year decline, due in part to global supply chain issues. The leading manufacturers of recreational SSVs are BRP, Honda, John Deere, Kawasaki, Polaris, Textron
Mexico had a 76.3% year-on-year increase in its poultry imports from Brazil in 2022, to US$398 million, according to data from Brazil‘s Ministry of Economy. In December 2017, Mexico renewed its poultry meat import quota of 300,000 tons through the end of 2019. No subsequent negotiations have taken