Automotive companies such as Tesla and General Motors have invested in the mining sector as part of “the cold war of minerals,” noted Armando Ortega, senior vice president of Mexico Operations at Equinox Gold. In 2022, Tesla closed a US$5 billion deal to source nickel from Indonesia. The
Mexico offers opportunities in electromobility in several niches due to both new technologies and the lower production volumes required in the auto parts industry. Generally, when a company seeks to enter already consolidated markets it is more difficult, but now technology is facilitating this in the field of
Exports of services from Mexico to the United States have shown a growing trend both in nominal terms and in market share. These Mexican foreign sales to that market grew from $30.5 billion in 2019 to $44.8 billion in 2023, according to data from the U.S. International Trade
Global seaborne trade volume of dry bulk commodity dry bulk commodities will record a compound annual growth rate (CAGR) of 0.7% between 2023 and 2027, according to projections by Frost & Sullivan. This trade volume, which includes commodities such as iron ore, coal, and grains, reached approximately 5,230.1
The Pharr-Reynosa International Bridge is the third largest land port in the United States. According to Lilvette Santos, Director of Economic Business Development, Pharr EDC, this bridge processes more than $46 billion in foreign trade annually. The City of Pharr is conveniently located at the intersection of Highways
The Treaty between Mexico, the United States and Canada (USMCA) is the best deal that Mexico and the United States have ever made, affirmed Marcelo Ebrard, Secretary of Economy. In the framework of the U.S. Mexico CEO Dialogue and the High Level Summit between the leaders of both