Chile‘s exports increased at a year-on-year rate of 2.9% in 2022, to US$97.491 billion, according to data from the Customs Administration. Chile has 31 Free Trade Agreements (FTAs) and Preferential Trade Agreements with 65 economies representing about 88% of the world’s GDP. On the other hand, imports to
Balance of payments figures measure the relative flow of goods, services and capital into and out of the country, represented in the current and capital balances. On the other hand, the current balance tracks a country’s trade in goods and services and transfer payments, and measures whether a
BMW announced this Friday an investment of 866 million dollars in Mexico to produce batteries and electric cars. The investment will be made in the state of San Luis Potosi, with the generation of around 1,000 jobs. Despite the challenging business environment, the BMW Group can boast a
South Korea‘s exports recorded a 6.1% year-on-year growth in 2022 to $683.75bn, according to statistics from the Korea Customs and Trade Development Institute (KCTDI). According to the World Trade Organization (WTO), relatively strong economic fundamentals and room for manoeuvre to cope with external shocks have helped Korea maintain
Japan‘s exports totalled $747.11 billion in 2020, down 1.4% year-on-year, the Ministry of Finance reported. Overall, Japan aims to develop «equitable and high-level free trade rules» domestically, with key trading partners and in international fora (including the WTO), and to make progress in strengthening economic ties and cooperation
The Covid-19 pandemic has put great pressure on the revenues and operating costs of small and medium-sized enterprises (SMEs) in China, says Lufax Holding. According to a CIC survey of 1,000 SMEs in December 2022, about 40% of respondents with higher financing needs during the Covid-19 period attributed