Corn consumption and production in Mexico will increase from the 2023-2024 season to the 2024-2025 season, which concludes at the end of September, according to forecasts by the United States Department of Agriculture (USDA). On the one hand, corn consumption for the 2024/2025 cycle is estimated at 47.3
Mexico‘s National Refining System (SNR) oil processing in 2023 averaged 792 Mbd (thousands of barrels per day). This volume represents a year-on-year decline of 2.9%, according to Pemex. Mexico’s SNR is made up of six Pemex refineries: Antonio M. Amor (RIAMA) in Salamanca, Guanajuato. Lázaro Cárdenas in Minatitlán,
Guatemala remained the largest exporter of melons to the United States in 2023, with a record 280 million dollars. With this, its share of total US imports of the fruit grew from 52.8% in 2022 to 54.7% in 2023. Guatemala’s previous highest share was in 2016 and 2022,
Exports of trailers and semi-trailers from Mexico grew at double-digit rates in the last three years, according to data from the World Trade Organisation (WTO). With this dynamism, these foreign sales reached a record of 4,369 million dollars. After growing 54% in 2021 and 56% in 2022, exports
The global cybersecurity market will continue to grow at double-digit rates in the coming years. According to data published by Fortune Business Insights, this market was valued at $139.77 billion in 2021 and is forecast to grow from $155.83 billion in 2022 to $376.32 billion in 2029. This
The expansion of Tiendas 3B and OXXO represent success stories, with a favorable outlook. For BBB Foods, owner of Tiendas 3B, Mexico presents a significant opportunity due to the low penetration of hard discounting in the country. BBB Foods believes there is potential to open at least 12,000