China‘s trade with Russia has grown at double-digit rates in both imports and exports over the past three years. On the demand side, Chinese imports from Russia grew 37% in 2021, 46% in 2022 and 13% in 2023. What did China import from the Russian market in 2023?
Mexican exports to Germany hit a record in 2023, growing 6% over 2022, to US$8.746 billion. Germany is the fourth largest economy in the world, surpassed by the United States, China and Japan. It is also the fourth largest destination for Mexico’s foreign product sales, below the United
Mexico increased its imports of lithium-ion electric accumulators by 40% in 2023, to US$3.751 billion. Lithium-ion batteries are found in many products, from electric vehicles to smaller consumer products such as cell phones, laptops and headphones. Imports of lithium-ion electric accumulators to Mexico have grown year-over-year, as follows:
Mercedes-Benz accelerated the decarbonization of transportation with the introduction of three new truck models. The aim is to reduce greenhouse gas emissions and mitigate climate change. First, the eActros 300/400 and eEconic series models are already being delivered to customers in Europe. The company offers a complete line
Grupo Bimbo outlined its global outlook for the bakery industry and highlighted some trends. The market for this sector had an estimated value of US$440 billion in 2022, with a Compound Annual Growth Rate of sales of 3.2% between 2017-2022, according to Monitor International. In addition to growing,
The Integrated Import Declaration (IID) is used in 90.8% of the cases of release of goods imported into Canada. In that nation, the Canadian Border Services Agency (CBSA) is responsible for enforcing customs legislation and informs traders of proposed changes to its policies and procedures through customs notices.