In electrical equipment exports to the United States, competition is mostly between Mexico and the United States, but with Vietnam having the greatest dynamism. From January to September 2024, China‘s exports were US$39.328 billion and Mexico’s totaled US$35.244 billion. In both cases, year-on-year growth was at single-digit rates.
Canada is the world’s largest potash producer, with 21.9 million tons in 2023. This amount implies a 7% decrease at a year-on-year rate, according to Statistics Canada. What is potash? It is a broad term that can include various potassium compounds, such as potassium carbonate, potassium chloride and
Automotive exports from the United States to Mexico and Canada were $84.002 billion dollars from January to September 2024, according to data from the Department of Commerce. This amount represents a 9.7% increase compared to the same period in 2019, the year prior to the entry into force
Mexico led exports of medical devices to the United States from January to September 2024, with shipments of 8,685 million dollars, according to data from the Department of Commerce. Since 2022, Mexico displaced China from the first position among the main exporters of these products to the U.S.
The Agreement between Mexico, the United States and Canada (USMCA) has helped to increase electric vehicle manufacturing capacities in the United States, according to the American Automotive Policy Council (AAPC). This position was made by the AAPC in a letter sent to the United States Trade Representation (USTR).
The industrial recession in the United States has accumulated 18 months, highlighted Luis de la Calle, CEO of De la Calle, Madrazo, Mancera Consulting (CMM). At an annual rate, industrial production registered a 0.64% drop, falling for the third consecutive month and the deepest since April of this