Switzerland‘s imports increased at a year-on-year rate of 12.3% in 2022, to $246.94 billion, according to data from that nation’s General Administration of Customs. Switzerland and Liechtenstein form a customs union; they have a common currency; and their policies are harmonized in a number of areas. Both economies
Kansas City Southern (KCS) reduced at a year-over-year rate of 8% its Chemicals and Petroleum revenue in 2022, to $783.5 million. Thus, revenue decreased $68.3 million in the year ended Dec. 31, 2022, compared to 2021, due to a 13% decline in volumes per railcar/unit, partially offset by
India‘s exports totaled $449.07 billion in 2022, representing a 14% increase at an annual rate, according to data from the Ministry of Industry and Commerce. Conversely, Indian imports of goods were $729.39 billion, an advance of 27.6% year-on-year. While India’s overall objective remains to increase exports, given the
Chile‘s exports increased at a year-on-year rate of 2.9% in 2022, to US$97.491 billion, according to data from the Customs Administration. Chile has 31 Free Trade Agreements (FTAs) and Preferential Trade Agreements with 65 economies representing about 88% of the world’s GDP. On the other hand, imports to
Balance of payments figures measure the relative flow of goods, services and capital into and out of the country, represented in the current and capital balances. On the other hand, the current balance tracks a country’s trade in goods and services and transfer payments, and measures whether a
BMW announced this Friday an investment of 866 million dollars in Mexico to produce batteries and electric cars. The investment will be made in the state of San Luis Potosi, with the generation of around 1,000 jobs. Despite the challenging business environment, the BMW Group can boast a