Mexico’s main international trade procedures include the Notice of Crossing (now suspended), the importers’ registry and the pedimento. The following paragraphs explain each of these procedures, using the Mexican National Customs Agency (ANAM) and the United States Department of Commerce (USDOC) as sources. For tax purposes, all Mexican
Mexico, South Korea and Japan were the top destinations for U.S. cheese and cottage cheese exports in the January-July 2022 period. While shipments to Mexico totaled $356 million in that period (up 32.7% year-over-year), U.S. shipments to South Korea totaled $211 million (+24.3%) and those to Japan totaled
Mortgage lending and housing construction have slowed considerably in many countries, the OECD said in a report on the outlook for the global economy. Globally, financial conditions have tightened as central banks have responded increasingly forcefully to above-target inflation by pushing up market measures of real interest rates.
Private consumption growth slowed in OECD countries in general terms, with wage growth below the inflation trend. The global economy has lost momentum this year. After recovering strongly from the Covid-19 pandemic, it looked set to return to a more normal economic situation before «Russia‘s unprovoked, unjustifiable and
World GDP has been affected by the Russian invasion of Ukraine and its growth stalled in the second quarter of 2022, the OECD reported. Now, indicators in many economies point to a prolonged period of subdued growth. Indeed, the war has pushed up energy and food prices substantially,
Mexico‘s industry registered a 3.5% year-on-year growth in July 2022, driving a 2.2% rise in the Global Indicator of Economic Activity, Inegi reported Monday. With this, industry offset a 2.7% drop in primary activities, while tertiary activities had a 1.7% increase. These indicators consider 2013 as the base