Mexico’s oil exports totaled 1.284 billion dollars in October, a decrease of 30.2% year-on-year, Inegi reported this Friday. In contrast, non-oil exports totaled $ 40.66 billion, an increase of 4.5 percent. During October 2020, the value of oil exports was made up of 1,034 million dollars of crude
The value of imports from Mexico in October was 35.721 million dollars, an amount that implied an annual reduction of 13.8, informed the Inegi. This figure was a reflection of setbacks of 11.7% in non-oil imports and 33.4% in oil imports. When considering Mexico’s imports by type of
Exports of Mexican products grew 2.9% year-on-year in October, to 41,945 million dollars, Inegi reported this Friday. The value of product exports was made up of 40,660 million dollars of non-oil exports and 1,284 million dollars of oil companies. Thus, in the reference month, total exports showed annual
Global industrial production increased 0.9% in September compared to August 2020, reported the Netherlands Bureau for Economic Policy Analysis (CPB). Throughout the third quarter of 2020, global industrial production grew 7.6%, after having registered decreases of 3.9% in the first quarter and 6.6% in the second quarter, at
The Federal Commission for Economic Competition (Cofece) approved the concentration of International Flavors & Fragrances (IFF) and DuPont de Nemours. This transaction implies the indirect acquisition by IFF of certain capital stock in Mexico. On June 12, 2020, International Flavors & Fragrances and DuPont de Nemours notified Cofece
Mexico captured 2,437 million dollars in Foreign Direct Investment (FDI) in the third quarter of 2020, reported the Ministry of Economy. Of that total, 1,711 million dollars corresponded to new investments; 676 million to reinvestments and 49 million to intercompany accounts. In its quarterly report July-September 2020, the