Grupo Herdez recorded a 39.4% year-on-year increase in exports in the first half of 2022, to Ps. 1.2 billion. Mostly, this growth was due to the higher sales volume of mayonnaise and homemade sauces. Previously, export sales in 2021 accounted for 7% of the company’s total sales, whose
According to preliminary figures, as of June 30, 2022, Mexico‘s public sector gross external debt amounted to US$220 billion. The amount represents a decrease of approximately US$1.6 billion from the US$221.6 billion outstanding as of December 31, 2021. Of this amount, US$211.5 billion represented long-term debt and US$8.5
The United States relied on foreign sources of palladium to meet 37% of its domestic consumption needs in 2021. How important is palladium? It is commonly used, along with other platinum group metals (PGMs), as an active substance in automotive catalytic converters (as well as in semiconductor production).
U.S. truck exports to Mexico could be affected by a new Mexican standard, the U.S. Trade Representative’s Office (USTR) said. First and foremost, the U.S. government has initiated discussions with Mexico on the implementation of its PROY-NOM-014-SCT2-2019 standard, which regulates rear underride guards for conventional buses and truck-type
The People’s Republic of China has been the world’s largest exporter of wheelchairs from 2016 to 2020, according to data the United Nations. Moreover, the value of China’s wheelchair exports has increased at a Compound Annual Growth Rate of 4.2% from approximately $538.5 million in 2016 to approximately
The American Trucking Associations (ATA) estimates that U.S. freight transportation will grow to more than $1.6 trillion by 2030. According to ATA, the U.S. freight sector accounted for approximately $791 billion in revenue in 2019 and accounted for 80% of domestic freight spending. Private fleets consist of tractors