Grupo Modelo informed that it will export glass bottles to Ecuador, Colombia and Peru as a result of the expansion of a plant in Mexico. The expansion of the factory entails an investment of 3,080 million pesos and will be located in Terra Blanca, Veracruz. Cassiano De Stefano,
International transport services registered a year-on-year fall of 19% in 2020, according to data from the World Trade Organization (WTO). Overall, the relatively positive short-term prospects for world trade are clouded by regional disparities, continued weakness in trade in services, and delayed vaccination schedules, especially in poor countries.
The Orbia company reported that it increased its production of chlorine and caustic soda in Mexico at a double digit rate in 2020. On the one hand, the company‘s chlorine production was 156,000 tons, a year-on-year increase of 11.4 percent. Meanwhile, its caustic soda production totaled 175,000 tons,
China will displace Mexico in the first position among the largest corn importers in the 2021-2022 season (July / June), the Food and Agriculture Organization (FAO) projected. After importing corn by 10.6 million tons on average in the 2018-19 and 2019-20 cycles, China will shoot its external purchases
At the end of 2020, around 10.6% of G20 imports were affected by import restrictions implemented by the G20 economies since 2009 and are still in effect. Of course, this comes amid a general deterioration in terms of the total value of G20 imports. For this indicator, no
The UNCTAD and the OECD indicated that restrictive measures on Foreign Direct Investment (FDI) related to national security have been increased. In particular, G20 members continued to adjust their policies related to the protection of national security interests to manage the risks that occasionally arise with foreign investment.