The mining sector led mergers and acquisitions activity in Mexico with 25 announced transactions, representing 20.5% of total transactions in the period, according to Camimex. The following mining operations stood out: Santacruz Silver Mining, a Canadian mining company, through its subsidiary Carrizal Mining, announced the acquisition of assets
Income from remittances to Mexico registered a new historical maximum, adding 4,540 million dollars in July 2021, reported the Bank of Mexico (Banxico). Some context: in the first quarter of 2021, Mexico’s current account posted a deficit of $ 5.1 billion, or 1.7% of GDP, compared to a
Agricultural and fishing exports from Mexico totaled 11.951 million dollars (MDD) from January to July, a growth of 5.2% year-on-year, reported the Secretariat of Agriculture of Mexico. These external sales already accumulate eight years of continuous year-on-year growth, taking as comparison periods the first seven months of each
Exports from China, the United States and the European Union grew at double-digit year-on-year rates in the first half of 2021, according to data from the World Trade Organization (WTO). More than anything, this is because of the very low base of comparison that the same months of
Revenues from air travel fell 53.1% in July 2021 compared to the same month in 2019, the IATA reported. Although the rebound in global air travel continued for another month thanks to the willingness to travel during the northern hemisphere summer. Industry-wide revenue per passenger-kilometer (RPK) fell 53.1%
Maritime Transport is an essential element of world trade and economy and is therefore highly globalized. In particular, the European Union transports 77% of foreign trade and 35% of intra-community trade, according to the European Maritime Safety Agency (EMSA). Although the sector brings important economic and social benefits