Mercado Libre and Amazon dominate e-commerce in Mexico, which is expected to reach US$63 billion by 2025, according to Statista. With 16,195 employees in Mexico, Mercado Libre had net revenues in Mexico of US$2.985 billion in 2023, a year-on-year increase of 60.1 percent. This growth was recorded after
The Ministry of Economy informed that the delimitation of Mexico‘s 10 industrial corridors will help bring investment. Marcelo Ebrard, Secretary of Economy, referred that President Claudia Sheinbaum instructed the conformation of these corridors. Mexico has an unbalanced distribution of Foreign Direct Investment (FDI), with a greater attraction in
The added value in Mexican exports has remained without substantial changes in the last two decades, questioned Marcelo Ebrard, Secretary of Economy. From January to August 2024, product exports from Mexico were 406,091 million dollars, an increase of 3.6% compared to the same period in 2023. Ebrard has
Cheese production in Germany experienced growth of 0.6% year-on-year in 2023. Thus, it reached a total of 2 million 656,000 tons, according to data from the German Dairy Industry Association. Germany is positioned as the world’s largest exporter of cheese. In 2023, its exports reached a value of
U.S. semiconductor manufacturing will triple in a decade (2022 to 2032), according to a report by the Semiconductor Industry Association (SIA) and Boston Consulting Group (BCG). In August 2022, the U.S. Congress passed the CHIPS and Science Act, which includes substantial funding and tax credits for domestic semiconductor
In 2023, a total of 665 labor inspectors in Mexico conducted 48,180 inspections in various workplaces. During these inspections, an unspecified number of violations of federal child labor regulations were detected. On the other hand, the labor inspection in Chihuahua identified 42 violations in this area. These findings