In terms of rules of origin, the Agreement between Mexico, the United States and Canada (USMCA) has modified certain criteria, according to information from the WTO. In addition, the USMCA simplifies the certification and verification of origin procedure. As a reference definition: the rules of origin of trade
Mexico has signed numerous trade agreements, from sectoral to other deep trade integration agreements, according to information from the World Trade Organization (WTO). Among others, Mexico is a party to the Latin American Integration Association (LAIA), the Treaty between Mexico, the United States and Canada (USMCA), the Comprehensive
Mexico‘s exports to the United States were US$32.075 billion in August 2022, an increase of 25.7% at a year-over-year rate, reported the Department of Commerce (USDOC). These international sales cover only goods not services. Meanwhile, Canada‘s exports to the U.S. market totaled $30.967 billion, representing a 25.4 percent
The RWI/ISL container traffic index has remained virtually flat since October 2020, the WTO referred. The RWI/ISL container traffic index closely tracks world merchandise trade. Although the index hovered near its all-time high in July, it has remained virtually flat since October 2020. In this regard, the WTO
The World Trade Organization (WTO) highlighted food security risks in several countries as a result of the war between Russia and Ukraine. Globally, food prices in US dollars have risen sharply because the Russian Federation and Ukraine are the main suppliers of grain and fertilizers. The WTO indicates
Natural gas prices have varied sharply between regions, with European prices up 350% year-on-year in August, the World Trade Organization (WTO) highlighted in a report released Wednesday. Meanwhile, U.S. prices rose 120% in the same month, but remained well below European levels ($8.80 per million BTU versus $70