The Mexican Business Council for Foreign Trade, Investment and Technology (Comce) released its projected exports and FDI for Mexico in 2024. Comce estimates a 3% increase in exports and an 8% increase in FDI at annual rates. Considering its forecast, the trend of Mexican exports of products would
China will relaunch a program to increase grain production by 50 million tons, according to information from the Chinese government. Beijing initiated a program in 2009 to increase the grain harvest by the same amount and achieved it in 2012, when total production was almost 590 million tons.
The Department of Commerce highlighted exports of advanced materials from the United States to Mexico as business opportunities. In 2023, Mexican imports of these products from around the world totaled $31.113 billion dollars, a 5.5% year-over-year decline. Conversely, exports from Mexico of advanced materials were $11.739 billion, an
Iochpe-Maxion is the largest producer of steel wheels for light and heavy vehicles in the world. This Brazilian company uses market data and information provided by consulting firms specialized in the global automotive market, as well as internal studies of the commercial areas of its divisions. According to
China, India, Japan, the United States and Russia are ranked as the world’s top steel producing countries in 2023, according to the Worldsteel association. Their production was as follows, measured in millions of tons: China: 1,019.1 India: 140.7. Japan: 87.0. United States: 81.4. Russia: 76.0. According to Brazil‘s
The British consultancy CRU predicts that world aluminum demand should remain strong in the coming years. The forecast trend reflects the recovery and growth movements of the major economies, with an increase such that global demand will reach around 113 million tonnes by 2027. CRU specializes in the