The National Producer Price Index (INPP) of total production in Mexico, excluding oil, decreased from 8.75% in the third quarter of 2022 to 6.10% in the fourth quarter, considering its average annual variation, according to the Bank of Mexico (Banxico). It then stood at 5.65% in January 2023.
In Mexico, 65 administrative proceedings were filed, the amount of which amounted to 2,480.1 million pesos, representing 251.8% of the total amount observed in 2021, according to information from the Ministry of Finance and Public Credit (SHCP). Fifty-four administrative files were submitted to the General Legal Administration (15
Mexico processed a total of 7.4 million import pedimentos in 2022, an increase of 212,500, representing a 2.9% year-over-year growth, informed the Ministry of Finance and Public Credit (SHCP). Meanwhile, 2.9 million pedimentos were filed for exports, representing a 5.4% increase from 2021 to 2022. Customs clearance for
The Foreign Trade Commission (Cocex) is a mandatory consultation body for Mexican government agencies in foreign trade matters. Thus, all measures related to foreign trade, such as the establishment, increase, decrease or elimination of tariffs or tariff preferences, including those decreed by the Executive Branch, must be evaluated
Mexico’s Ministry of Economy carried out 393 Administrative Procedures in Customs Matters (PAMAS) on imports in 2022, down from 7,483 in 2021, according to data from the Ministry of Finance and Public Credit (SHCP). The 393 revisions totaled an approximate value of 1,565.3 million pesos. The PAMAS executed
The Ministry of Finance and Public Credit (SHCP) informed about the results of the Administration and Payment Trust number 80775 (FAPA) in 2022, related to Mexico‘s customs. As background: on November 25, 2021, the FAPA was constituted, through an agreement entered into by the SHCP in its capacity