Mexico, among a few other countries, did not experience real wage growth associated with increased use of robots (automation), highlights a report released by the World Bank. Above all, automation in Mexico has been associated with a fall in unit labor costs and a faster decline in activities
Road transportation is the most widely used mode for exporting and importing to and from Mexico, with the characteristics described below, according to the World Trade Organization (WTO). Prior to the pandemic, in 2019, 62%, in value terms, of Mexico’s exported cargo and 48% of the value of
Of the top 10 biodiesel importers in the world in 2021, eight are European countries, in addition to the United States and Canada. In that year, global imports of biodiesel and its blends totaled $28 billion. These blends exclude petroleum or bituminous mineral oils or contain less than
China, the Netherlands and Germany were the top suppliers of containers to the U.S. market from January to September 2022, according to Commerce Department data. At a year-over-year rate, shipments from China in that period grew 104.8%, to $885 million. These products include tank containers and tank containers,
China and Germany ranked first and second, respectively, among the world’s largest exporters of aluminum foil in 2021. Fairly, both countries comprised 49.4% of global exports of these products: China with 39.6% and Germany with 9.8%, according to World Trade Organization (WTO) data. The product in question is
After China entered the World Trade Organization in late 2001, its manufacturing output grew rapidly, as global companies shifted manufacturing from higher-wage countries to China. Then, in 2010, China overtook the United States to become the world’s largest manufacturer by output. In 2019, China accounted for 28.7% of