World imports of dog and cat food have continued to expand over the past four years. On a global scale, the competitive factors in the pet food industry are diverse. These include product quality and the ingredients used. In addition, brand awareness and brand loyalty play a key
China and the United States were the world’s largest importers of agrifood products in 2023. While Chinese purchases in this area fell 1% year-on-year in 2023, to US$216 billion, those corresponding to the United States decreased 3%, to US$204 billion, according to data from the World Trade Organization
Mexico‘s share of agricultural imports to the United States was 36% from January to September 2024, according to data from the Department of Commerce. Mexico ranked first in this indicator, with shipments of 12,798 million dollars to the U.S. market. With a diversified production due to its variety
The Canadian government reported that no member country of this trade bloc has commented on China‘s or Taiwan‘s applications to join CPTPP. CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) is made up of Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United Kingdom and
Mexico‘s government plans to promote export diversification in the United States by 2025. This objective is set forth in the 2025 economic package that the Ministry of Finance and Public Credit (SHCP) sent to Congress this Friday. The economic package is made up of three documents: General Economic
Growth of the global economy accelerated marginally in the second quarter of 2024, according to data from Oxford Economics. After growing 2.7% in the first quarter, global gross domestic product (GDP) increased 2.8% in the second quarter of 2024. While advanced economies grew 2.0%, compared to 1.3% in