The WTO estimated that world merchandise trade growth will be 3.5% in 2022, according to a report issued Wednesday in Geneva, Switzerland. Its current forecast of 3.5% growth in the volume of world merchandise trade in 2022 is close to, but slightly higher than, the previous estimate of
The Government of Mexico indicated that it has carried out actions to promote and attract investment in the Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT) project and in strategic sectors. Specifically, face-to-face and virtual actions were implemented to promote investment opportunities in the CIIT project to 67
The National Institute of Statistics and Geography (INEGI) summarized the history of Mexico‘s foreign trade records as follows. The first known records of foreign trade in Mexico date back to colonial times and responded to the need to keep track of exports and imports in order to establish
During the first semester of the current year, the Mexican government carried out 192 reviews and initiated 211 Administrative Procedures in Customs Matters (PAMAS) with an approximate value of 923.3 million pesos. The PAMAS executed were derived from in-depth and quick home visits (Art. 42, Sections III and
The Gross Domestic Product (GDP) of Mexico‘s basic iron and steel industry has yet to recover the levels in real terms that it had before the Covid-19 pandemic. In the first half of 2022, the GDP of this industry was 116,777 million pesos at 2013 prices, an increase
Mexico’s government reported the collection of the National Customs Agency (ANAM) as of 2022 and the previous trend. First and foremost, ANAM was created as of 2022 to strengthen security during customs clearance, supported by the armed forces. This agency is in charge of federal customs revenues made