Mexican customs issued 573 embargo orders (270 for undervaluation and 303 address verifications) in 2021, which represented 31.1% less than the previous year, reported the Ministry of Finance and Public Credit (SHCP). Regarding operations with value and origin risk, during 2021, customs carried out 3,998 value analyses, 37.8%
In terms of customs control, during 2021, the Ministry of Finance and Public Credit (SHCP) of Mexico initiated 7,483 Administrative Procedures in Customs Matters (PAMAS) on imports, 3.8% below those carried out in the same period of 2020. A PAMA is the set of acts provided for in
The number of foreign commercial invoice from Mexico totaled 9,968,000 in 2021, a year-on-year increase of 14.6%, reported the Ministry of Finance and Public Credit (SHCP). If that same amount is compared to 2019, the increase is 5.8 percent. The commercial invoice is the statement in electronic document,
The steel industry and mining maintained a trend of consolidation in the world during the last three years, ArcelorMittal pointed out. ArcelorMittal is one of the world’s leading integrated steel and mining companies. The company is also the largest steel producer in Europe and one of the largest
China continues to drive global market demand for seaborne bauxite as a result of stricter environmental measures and the depletion of domestic bauxite, according to the Rio Tinto Group. The company said a month ago that it expected overall global demand for aluminum to improve in 2022, but
Victoria’s Secret, an American lingerie, clothing and beauty retailer, earned 31% of its revenue in 2021 through the digital channel, a portion that represents 2,114 million dollars. The channel includes sales derived from their websites and mobile applications. For this company, which puts on an annual fashion show