Mexico registered a 13.9% inter-annual growth in its exports of transportation equipment (motor vehicles, airplanes, ships, etc.) in the second quarter of 2022, to 46.353 billion dollars, informed Inegi. From April to June, the Manufacture of transportation equipment subsector stood out for its participation in the total value
Advanced manufacturing is registering a growing trend in Mexico, or one that offers opportunities in the sector, according to the United States Department of Commerce (USDOC). As a benchmark definition: advanced manufacturing is a family of activities that rely on the use and coordination of information, automation, computing,
Imports of industrial robots to Mexico were US$134 million in 2021, a year-on-year rise of 15%, according to data from the Bank of Mexico (Banxico). This statistic excludes software, auxiliary equipment and engineering services. Of Mexico’s total imports of industrial robots, 41.1% originated in Japan, followed by South
Chihuahua led Mexico‘s product exports in the second quarter of 2022, with 18.645 billion dollars, informed Inegi this Friday. At a year-on-year rate, this amount increased 22.7%, and thus its share in total Mexican international sales was 13.9%. In all 2021, Chihuahua’s exports totaled 64,674 million dollars, highlighting
The Phase One Trade Agreement between China and the United States was not fully implemented by China, which evaded a question about the unfinished progress of its commitments. Overall, the agreement sought to address the U.S. trade deficit with China with a two-year purchase agreement. China agreed to
The Board of Governors of Banco de México (Banxico) unanimously voted to increase the benchmark interest rate by 75 basis points, bringing it from 8.50 to 9.25 percent. From Intercam Banco’s perspective, the move was widely anticipated by the market after the Federal Reserve (FED) confirmed that it