Mexico‘s product exports to the United States rose at an interannual rate of 23.3% in September, to 39,506.9 million dollars, informed the Department of Commerce (USDOC). Conversely, Mexican imports of products from the United States were 27,915.7 million dollars, an advance of 22.5 percent. With this, Mexico registered
The structure of Foreign Direct Investment (FDI) in Mexico is dominated by manufacturing and financial services, according to information from the World Trade Organization (WTO). During most of the 2016-2021 period, annual FDI flows remained above US$30 billion. Foreign direct investment An increase in FDI flows was observed
Mexico‘s balance of international trade in services continued to be in deficit during the last five years, mainly due to deficits in transportation and insurance. Internally, its main items exhibit deficits, with the exception of travel, according to data from the World Trade Organization (WTO). Trade in services,
The World Trade Organization (WTO) described fiscal policy in Mexico, which is the responsibility of the Ministry of Finance and Public Credit (SHCP). The Federal Budget and Fiscal Responsibility Law (Ley Federal de Presupuesto y Responsabilidad Hacendaria, LFPRH), and its amendments, most recently on February 27, 2022, constitute
The total hydrocarbon production of Pemex during the third quarter of 2022 averaged 2,540 million barrels of crude oil equivalent per day (MMbpced). This is a growth of 62,000 barrels of crude oil equivalent per day (Mbpced) with respect to the same quarter of 2021. Pemex is wholly
Mexico‘s Federal Electricity Commission (CFE) reported that it recorded a year-on-year increase of 8.1% in its total revenues during the third quarter of 2022, to Ps. 470.428 billion. But CFE reported that in the first nine months of the current year it had net losses of 50,719 million