Mexico‘s Ministry of Economy included electromobility as part of five strategic sectors it selected in its new industrial policy. The other four sectors are: agri-food; electric-electronics; medical and pharmaceutical services; and creative industries. Among the aspects it considered to highlight electromobility are the fact that Mexico is the
As part of its trade relations, the People’s Republic of China (PRC or China) is the world’s second largest economy, the top global trader of goods, and an important market for the United States. In 2021, China was the fourth largest merchandise trading partner of the United States
Recreational boat sales in the United States totaled $15.4 billion in 2021, Malibu Boats said. Of the recreational boat categories defined and monitored by the National Marine Manufacturers Association (NMMA), Malibu Boats serves the three major categories of outboard, sterndrive and high-performance sportboats. This represents an addressable market
The BHP Group highlighted that the demand for iron ore in the world is expected to stabilize in the medium term before trending downwards due to the decrease in demand from China. The stagnation of steel demand and the increase in the proportion of steel scrap in China
Of the total imports of televisions to Colombia, Mexico managed to supply 75% in 2021, according to information from the Ministry of Economy. Globally, Mexico was positioned as the second largest supplier of this product in 2021, after China. The main markets for televisions produced in Mexico in
In the first half of 2022, only 2.7 million deadweight tons (dwt) of new Capesize and Panamax vessels have been ordered, according to information released by Golden Ocean. That amount represents less than 0.5% of the world fleet at the beginning of the year. Golden Ocean is an