The Trade Continuity Agreement between Mexico and the United Kingdom (The Agreement) operates as both countries achieved slight growth in their bilateral trade in goods from January to July 2022. In those seven months, merchandise trade flows between the two countries was US$3.092 billion, a year-on-year increase of
If the elimination of daylight saving time is approved, as is expected, the export industry will have a minor impact, according to Fernando Ruiz Huarte, general director of the Mexican Business Council for Foreign Trade, Investment and Technology (Comce). Mexico‘s government has proposed the elimination of daylight saving
The Treaty between Mexico, the United States and Canada (USMCA) was signed on November 30, 2018 and amended on December 10, 2019. It then entered into force on July 1, 2020 and was notified to the World Trade Organization (WTO) on September 16, 2020 pursuant to GATT 1994
Mexican imports totaled 56,168.2 million dollars in August, which represents a 27% annual increase and a record. In August 2022, the advance in the value of imports reflected growth of 24.1% in non-oil imports and 49.5% in oil imports. When considering imports by type of good, annual increases
Mexico‘s exports grew 25.2% in August, to 50.67 billion dollars, above the average of what they had previously increased in 2022. With this, Inegi reported that Mexican exports accumulated an increase of 18.9%, to 377,945.8 million dollars. On the other hand, Mexico imported products for a customs value
The Federal Economic Competition Commission (Cofece) os Mexico informed that it was forced to suspend the deadline to resolve the proceeding on barriers to competition in the national market of jet fuels. Specifically, the case involves the production, importation, storage, transportation, distribution, commercialization, sale and related services (file