The Mexican government reported that 428 companies have been certified as Certified Commercial Partner (CCP), a figure related to logistics. During the last lustrum, the Registration in the Integral Scheme for the Certification of Companies in the country was modified. Since 2018, under the Authorized Economic Operator (AEO)
World Trade Organization (WTO) simulations suggest that eliminating tariffs and reducing non-tariff measures on a subset of energy-related environmental goods could boost exports by 5 percent by 2030. At the same time, the resulting increases in energy efficiency and adoption of renewables would reduce global emissions by 0.6
The Mexican peso has suffered less downward pressure over the past year than other emerging market currencies. Overall, according to the International Monetary Fund (IMF), the relatively high interest rate differential between Mexico and the United States has made it more attractive to hold peso assets, which has
Economic integration between Mexico and the United States increasingly occurred from the beginning of the North American Free Trade Agreement (NAFTA) until the mid-1990s, according to a report by the International Monetary Fund (IMF). In the manufacturing sector, about half of domestic value added now comes from foreign
According to Inegi, 30 automotive companies stand out in Mexico considering their sales of light vehicles in the domestic market. From January to October 2022, these sales totaled 869,628 units, which represents a growth of 4.2%, year over year. The 30 companies are: Acura, Audi, Bentley, BMW Group,
Mexican exports of light vehicles registered a year-on-year growth of 6.8% from January to October 2022, to 2,391,171 units, Inegi reported. Automotive companies are currently operating in a period of significant macroeconomic uncertainty, including supply chain disruptions and shutdowns related to Covid-19 and rising inflationary pressures and component