The United States and Brazil compete for the rice market in Mexico, occupying the top positions among its main external suppliers. In 2024, U.S. exports of this product to Mexico reached a record US$443 million. In turn, the corresponding shipments from Brazil were US$15 million, although in the
The share of Chinese exports to the United States accumulated four years of year-on-year declines in 2024. As a result, China‘s share of total foreign purchases of products in the U.S. market fell to 13.4%, according to data from the Department of Commerce. Another way of looking at
Mexico, China and the European Union ranked among the top exporters of aluminum derivatives to the United States in 2024. Last February, President Donald Trump signed proclamations to close existing loopholes and exemptions to reinstate an effective 25 percent tariff on steel and raise the tariff on aluminum
World trade, measured by volume, recorded year-on-year growth of 1.8% in 2024, reported the Netherlands Bureau for Economic Policy Analysis (CPB). The increase implied a recovery after a 1.2% decline in 2023. World trade According to the German Bundesbank (Bundesbank), the tightening of U.S. trade policy could seriously
China remained the leader in global value-added manufacturing in 2024, with a 27 percent share. This share grew by 18 percentage points over the past two decades, from 9 percent in 2004. Value-added manufacturing China remains the world’s largest manufacturer. According to the U.S.-China Economic and Security Review
Mexico reactivated foreign investment arrivals in natural gas pipeline transportation in 2024, with an inter-annual growth of 15.4 percent. Thus, Foreign Direct Investment (FDI) inflows to Mexico rose to 2.222 billion dollars, according to data from the Ministry of Economy. Gas pipeline transportation U.S. natural gas pipeline exports