Mexican merchandise imports fell 1% in January 2024, to 46.272 billion dollars, Inegi informed this Tuesday. Among the products that Mexico imports the most are auto parts, gasoline, advanced electronic circuits, gas, telephones, computers and cars. To ponder: considering full years, Mexican merchandise imports decreased in 2019 and
Product exports from Mexico totaled $41.957 billion in January 2024, a year-over-year decline of 1.5 percent. In general, global economic conditions, such as global demand and economic trends in major trading partners, affect Mexican foreign sales. Mexico ranked as the top trading partner and also the top external
According to a study funded by the Food and Agriculture Organization of the United Nations (FAO), global use of fertilizer, composed of nitrogen, phosphate and potash, is expected to increase by 2% by 2024 to meet global food demand. Global fertilizer use is essential for agricultural production and
Trinity Industries, one of the leading railcar manufacturers in North America, was negatively affected by problems in cross-border rail traffic between Mexico and the United States. This company recorded a year-on-year growth of 50.9% in 2023, to 2.983 billion dollars, and most of its railcars are manufactured in
Mercado Libre continues a competition investigation in Mexico, while increasing its revenues in Mexico by 54.4% in 2023 to US$1.979 billion. On February 13, 2024, the Mexican antitrust authority (Comisión Federal de Competencia Económica or Cofece) notified Mercado Libre of its preliminary findings, conclusions and recommendations regarding competition
US-based Coeur Mining reported gold and silver production results at its four mining units in 2023. To begin with, the Palmarejo gold and silver complex, located in the state of Chihuahua, in northern Mexico, decreased its gold production by 5.8%, to 100,605 ounces, at an annual rate. From