The World Trade Organization (WTO) maintained its forecast of an 8% year-on-year rise in world merchandise trade volumes for 2021, following the result of a related indicator. This is the Merchandise Trade Barometer, a composite leading indicator of world trade that provides real-time information on the trajectory of
China reached 32% of global manufacturing value added (MVA), according to a report published by APEC. From an overview, the APEC region has been producing around 60% of global manufacturing value added (MVA) for the past two decades. China’s share of global global manufacturing value added tripled from
The peso starts the session with a depreciation of 0.36% or 7.2 cents, trading around 20.04 pesos per dollar, with the exchange rate touching a maximum of 20.0769 pesos. The Mexican peso loses ground along with the Turkish lira, which lost 1.08% and whose exchange rate hit an
Pemex Logística transported a total of 1 million 804,300 barrels per day of petroleum products. Within that amount, 1 million 278,700 barrels per day (70.9%) were injected through pipelines, 361,400 barrels per day (20.0%) were transported by land and the remaining 164,200 barrels per day (9.1%) were transported
Spanish companies have been in Mexico for years with a very prominent presence in the hydrocarbon sector. Today, the Mexican Constitution and the Hydrocarbons Law allow other oil and gas companies, in addition to Pemex, to carry out certain activities related to the energy sector in Mexico, including
The United States Department of Agriculture (USDA) lowered its forecast for livestock imports by 25,000 head, to 1.95 million head in 2021. Above all, this adjustment is due to current data on livestock imports from Mexico. The annual forecast for 2022 imports is 2.025 million head, due to