Mexico led manufacturing exports in Latin America and the Caribbean in 2021, while Brazil ranked first in exports of primary products. On the one hand, Mexico exported primary products for a customs value of US$112,399 million and manufactured products for US$372,006 million. Consequently, of Mexico’s total product exports,
Latin America has historically shown high rates of poverty and social inequality, notes Credicorp Ltd, a leading financial services holding company with operations in Peru. According to the Economic Commission for Latin America and the Caribbean (ECLAC), poverty in Latin America went from 51.2% in 1990 to 31.6%
Industry retail sales of new outboard boats in the United States during 2022 totaled 47,099 units and represented approximately 71% of all new fiberglass power boats sold between 18 and 36 feet in length. Additionally, according to the Marine Products Corporation, retail sales of new outboard boats had
The top 5 auto exporters to the United States in 2022 were Mexico, Japan, Canada, South Korea and Germany, according to Commerce Department data. For the first time, Mexico was at the top of this ranking, displacing Japan to second place. From around the world, the U.S. market
Chile, Peru, Mexico, Brazil and South Africa were the largest exporters of fresh grapes to the United States in 2022, according to Commerce Department data. In total, U.S. imports of fresh grapes were $2.215 billion in 2022, up 12.9% year-over-year. Ahead of everyone was Chile, with exports of
The United States has in recent years announced or initiated negotiations for new Free Trade Agreements (FTAs) with the European Union, the United Kingdom and Kenya. But to date, none of these negotiations have been concluded. As of mid-2022, the Administration was reviewing the objectives of negotiations with