Exports of services from Mexico to the United States have shown a growing trend both in nominal terms and in market share. These Mexican foreign sales to that market grew from $30.5 billion in 2019 to $44.8 billion in 2023, according to data from the U.S. International Trade
Global seaborne trade volume of dry bulk commodity dry bulk commodities will record a compound annual growth rate (CAGR) of 0.7% between 2023 and 2027, according to projections by Frost & Sullivan. This trade volume, which includes commodities such as iron ore, coal, and grains, reached approximately 5,230.1
The Pharr-Reynosa International Bridge is the third largest land port in the United States. According to Lilvette Santos, Director of Economic Business Development, Pharr EDC, this bridge processes more than $46 billion in foreign trade annually. The City of Pharr is conveniently located at the intersection of Highways
The Treaty between Mexico, the United States and Canada (USMCA) is the best deal that Mexico and the United States have ever made, affirmed Marcelo Ebrard, Secretary of Economy. In the framework of the U.S. Mexico CEO Dialogue and the High Level Summit between the leaders of both
Major disruptions in maritime trade in 2023 and part of 2024 have highlighted the Panama Canal and the Red Sea. Canada’s Office of the Chief Global Affairs Economist highlighted these events in a report on trade and supply chains. The global trade and investment landscape encountered obstacles such
In 2023, manufacturing in ASEAN captured more than $50 billion in Foreign Direct Investment (FDI). This amount represents 22% of total inflows to the region. The region’s sustained growth is due to several factors. First, it has an increasingly skilled labor force. Second, it has abundant natural resources.