Mexico displaced China as the leading exporter to the United States in 2023, the U.S. Census Bureau reported on Wednesday. Without services, this indicator only considers products. With a year-on-year growth of 4.6%, foreign merchandise sales from Mexico to its northern neighbor were 475,607 million dollars last year.
Worldwide, overcapacity is affecting the shipbuilding sector, although the number of active shipyards in 2022 was 301 compared to a peak of 699 in 2007, according to a U.S. congressional analysis. Shipbuilding ranges from small vessels to the manufacture of large cargo ships, cruise ships and military vessels.
The International Energy Agency‘s December 2023 «Oil Market Report» forecasts that world oil demand in 2024 will reach 102.7 million barrels per day, an increase of 1% over 2023. World oil demand is a key indicator in the energy industry and is subject to a number of factors,
In the United States, oil and natural gas production in 2023 remained high, despite an overall declining rig count. Why did this happen? Because of an industry focus on efficiency, higher service intensity and high-quality acreage, according to Halliburton Company. Since the early 2020s, global imbalances between oil
Intel has reduced its sales and in several cases have required specific government authorizations or exemptions because of U.S. trade restrictions imposed on China. In total, $3.2 billion, or 6%, of Intel’s revenue, was dependent in 2023 on U.S. government export control authorizations, an amount the company expects
The U.S.–China trade war did not generate the jobs promised by former President Donald Trump, according to an analysis published by the National Bureau of Economic Research (NBER). Instead, that trade war did generate political dividends for the Republican Party. Entitled «Help for the heartland? The employment and