Despite last year’s growth base and changes in customer shopping habits, Walmart de México y Centroamérica’s (Walmex) eCommerce sales continue to grow solidly. During the second quarter of 2022, eCommerce Gross Merchandise Value (GMV) grew 22% and sales increased 18%, resulting in a 0.9% contribution to the company’s
Grupo Bimbo invested Ps. 1.283 billion in sugar producer Beta San Miguel as part of its investments in subsidiaries, joint ventures and associates in the second quarter of 2022. Other notable investments in this area were 461 million pesos in B37 Ventures II and 379 million pesos in
China, India and the United States were the world’s largest consumers of nitrogen fertilizer in 2021, according to data referenced by CVR Partners. The United States is the world’s largest exporter of coarse grains, accounting for 29% of global exports and 27% of global production for the fiscal
Bimbo led the ranking of the top food and beverage companies in Mexico in 2020, measured by net revenues, according to a Statista analysis. Then followed, in descending order: Coca-Cola FEMSA, Arca Continental, Sigma Alimentos, Gruma, Grupo Modelo AB-InBev, PepsiCo Alimentos, Grupo Lala, Heineken Mexico and Nestlé Mexico.
Trade-distorting domestic support would skyrocket in the coming years if left unchecked, warned the World Trade Organization (WTO). Since 2001, the growth in authorized levels of trade-distorting domestic support, measured by AMS and de minimis – has increased from $322 billion to approximately $740 billion in 2016. Then
Automotive trade between the United States and South Korea has been on a growing trend since the two nations put a Free Trade Agreement (FTA, or KORUS) into effect in March 2012. U.S. and South Korean producers compete intensely in the motor vehicle and parts sector, and these