Post-pandemic problems in supply chains can have a greater impact on companies that operate under the just-in-time scheme and fail to detect non-compliant suppliers, said Christian Valencia Reinoso, regional product manager of Coface. In general, companies should be more wary of this situation in sectors that have hundreds
iapan, in first place, and Germany, in second place, are in the Top 10 industrial robot exporters, according to data from the World Trade Organization (WTO). Globally, external sales of these products totaled 6.92 billion dollars in 2021, representing a year-on-year growth of 29.1 percent. Of that total,
U.S. Customs and Border Protection (CBP) has significantly increased its revenue, especially as a result of the increase in tariffs it charges on imports from China. To note: CBP is a unified border intervention agency under the U.S. Department of Homeland Security (DHS) that oversees and enforces customs
A new World Trade Organization (WTO) agreement to facilitate investment could be ready by 2023, according to WTO Deputy Director General Anabel González. By early 2023, the WTO is on the verge of reaching a new agreement on investment facilitation for development (FID). More than 110 WTO members
Foreign trade contributions to Mexico‘s tax collection in the first nine months of 2022 showed a 2.7% real annual growth, according to data from the Ministry of Finance and Public Credit (SHCP). Within that figure, the increase in VAT collection (19.9% real) stood out, that is 162,211 million
Mexico’s National Customs Agency (ANAM) collected 73.466 billion pesos from January to September 2022, a year-on-year increase of 33.7%, according to data from the Ministry of Finance and Public Credit (SHCP). ANAM was created as of 2022 to strengthen security during customs clearance supported by the armed forces.