Walmart de México y Centroamérica (Walmex) reported that sales of Member’s Mark products increased their share by 290 basis points in the third quarter of 2022, reaching a sales share of close to 20 percent. In their own words, given the current environment, Walmex brands continue to be
Alpek is the leading producer of polystyrene foam in the Americas and the third largest worldwide, and operates the only polypropylene (PP) plant in Mexico. This polypropylene plant is one of the largest PP production facilities in North America, according to internal estimates and review of publicly available
Revenues at Sigma-an ALFA business-increased 10% in Q3 2022, year over year, driven by volume growth in all regions. However, EBITDA (operating income + depreciation and amortization + asset impairments) declined 13% in the same period as strong performance in the Americas was more than offset by a
For Mexico‘s iron ore exports, the Ministry of Economy coordinates with the General Mining Coordination; in this case, non-automatic export licenses are granted for a maximum volume of 300,000 tons. According to federal government data, from January to November 2022, iron ore mineral exports were US$85 million. And
The structure of Mexican exports continues to be led by manufactured products, which accounted for more than 85% of exports in 2021, according to information from the World Trade Organization (WTO). While agricultural products accounted for 5.0% of Mexico‘s foreign sales, mineral (mainly petroleum) and extractive industry products
An UNCTAD report said that according to the United Nations Global Policy Model, world GDP is expected to grow 2.5% in 2022. This is 1.0 percentage points lower than the rate forecast for this year in the Trade and Development Report 2021, but is broadly in line with