U.S. exports to Mexico in 2024 increased 3.5% at an annual rate, to 334,041 million dollars, according to Census Bureau data released Wednesday. To the entire world, Mexico’s merchandise imports grew 4.5% in 2024, reaching 625,311.8 million dollars, according to an Inegi release at the end of January.
Mexico‘s exports to the United States in 2024 grew at a year-on-year rate of 6.1%, to $505.851 billion. For the entire same year, U.S. imports from around the world were $3.27 billion, implying year-over-year growth of 6.1 percent. Consequently, Mexico increased its market share from 15.4 percent to
Vietnam ranked first among the world’s top fastener exporters in 2023, with $433 million. With less than half of that, Bangladesh ranked second ($194 million), followed by Cambodia ($142 million), according to World Trade Organization (WTO) data. Fastener exporters Zippers are key to the textile and apparel industry.
Mexico granted two quotas for cheese imports to the European Union for a combined amount of 25,000 tons. This concession was granted as part of the modernization of the Free Trade Agreement between the European Union and Mexico (EU-Mexico FTA). Quotas for cheese imports On January 17, 2024,
U.S. President Donald Trump is planning to impose new tariffs on China, with an additional 10% starting this Tuesday. Trump has already agreed to pause for a month the increase of tariffs to Mexico and Canada, under certain conditions. New tariffs on China On February 1, 2025, President
The Mexican Council on International Affairs (Comexi) stressed that the United States needs prosperous partners, not distant neighbors. Comexi’s Board of Directors made this statement in the context of US President Donald Trump’s executive order to impose a 25% tariff on imports originating in Mexico as of this