Automotive exports from Mexico totaled 139,841.6 million dollars in 2021, a growth of 13.8% year on year, reported the Inegi. In particular, these foreign sales fell by 4.6% last December, reaching 12,592.5 million dollars. As part of the context, the Agreement between Mexico, the United States and Canada
Imports from Mexico totaled 505,715.6 million dollars in 2021, which represented an increase of 32.1% year-on-year, reported the Inegi. Within it, non-oil imports grew at an annual rate of 28.5% and oil imports at 71.5 percent. The structure of the value of imports in 2021 was as follows:
Exports of products from Mexico were 494,224.5 million dollars in 2021, an advance of 18.5% compared to 2020, reported the Inegi. Within it, the figure was made up of non-oil exports for 465.299 million dollars and oil exports for 28.926 million dollars. Also, this rate was derived from
The Pacific Alliance announced on Wednesday the beginning of the process of incorporating Ecuador into the Pacific Alliance as a full member. Earlier, this Friday, Mexico and Ecuador agreed to pre-close negotiations on a Free Trade Agreement (FTA) between them. The announcement of the process to join Ecuador
Singapore and the Pacific Alliance signed a Trade Agreement on Wednesday with which that Asian country will become the first Associated State of that bloc. The Pacific Alliance is a regional integration initiative formed by Chile, Colombia, Mexico, and Peru on April 28, 2011. Its main objective is
The Pacific Alliance will begin negotiations for a Free Trade Agreement (FTA) with South Korea in the first half of 2022, that bloc reported on Wednesday. With this, South Korea, upon concluding these negotiations and putting the FTA into force, will become an Associated State of the Pacific