The United States, China and Singapore were ranked as the top FDI recipients in the world in 2022, according to the World Investment Report 2023, released by UNCTAD. The United States captured US$285 billion (-26.5% year-on-year), followed by China (US$189 billion, +4.4%) and Singapore (US$141 billion, +7.6 percent).
Brown-Forman Corporation, producer of the Herradura brand, recorded a 10.3% year-on-year increase in tequila sales in the fiscal year ending 30 April 2023. Thus, in that year, its global tequila sales totalled $320 million, up from $229 million in 2021 and $290 million in 2022. In May 2023,
The U.S. pet supplies market is highly fragmented, with more than 2,500 manufacturers, ranging from single-category or limited-range companies to approximately two dozen companies with a strong presence in several categories, according to Packaged Facts. Most of these smaller companies do not have a captive sales and logistics
Export restrictions on critical raw materials have increased more than fivefold in the last decade, the World Trade Organization (WTO) reported Tuesday. Given widespread demand and concentrated supply, international trade will play a key role in meeting the rapidly growing demand for critical raw materials (CRMs), such as
World merchandise trade volume slumped in the fourth quarter of 2022 and remained weak in the first quarter of 2023, weighed down by the Ukraine war, stubbornly high inflation and tighter monetary policy, according to a report from the World Trade Organization (WTO). The quarter-on-quarter decline of 2.4%
The U.S. automotive industry is the largest among the countries in the Treaty between Mexico, the United States and Canada (USMCA), a trade agreement that began in July 2020. According to the U.S. International Trade Commission (USITC), the U.S. economy has higher levels of production, sales and trade