Exports of Mexican avocados, Ecuadorian bananas, and Peruvian blueberries reflect Latin America‘s success in fruit exports worldwide. In 2024, global fruit exports totaled $160.647 billion, representing a year-on-year increase of 9.6% and a record high. Of the 10 largest exporters, three were Latin American: Mexico in third place,
The United States Trade Representative (USTR) has initiated consultations on USMCA review. The USMCA includes an unprecedented clause. It establishes a joint review process in which the three countries must confirm the continuity of the agreement. This is the first time that a U.S. trade agreement has included
Ricardo Santin, president of the Brazilian Animal Protein Association (ABPA), highlighted the low probability of transmission of the H5N1 virus through imported meat. Also president of the International Poultry Council, Santin released a critical analysis of this health risk and its global economic implications. The H5N1 Highly Pathogenic
The World Trade Organization (WTO) implemented an agreement on prohibited fishing subsidies on Monday. Among other nations, Mexico, India, Thailand, and Indonesia have not signed the agreement. Each year, governments spend approximately US$22 billion on harmful subsidies that contribute to overfishing and the depletion of marine resources. Prohibited
Between 2018 and 2024, 10% of Mexicans rose above poverty, equivalent to 13.4 million people. At the same time, 1.7 million people emerged from extreme poverty. In Mexico, poverty is measured using a multidimensional approach. A person falls into this category when they face at least one social
Chinese car imports to Mexico will be subject to a 50% tariff, up from the current rate of 20%, if a decree proposed by President Claudia Sheinbaum is approved. In 2024, Mexico recorded a historic deficit in car trade with China. The negative balance reached $5.068 billion, the