Putting all eggs in one basket is a phrase that foreign businessmen have often discouraged their Mexican counterparts from using. They were referring to the fact that Mexico has long kept its exports to the United States concentrated. About four-fifths of all foreign sales of Mexican products go
Shipping rates have collapsed, while the logistics market is currently operating 40% below expectations, MTM Logix noted. According to this logistics solutions company, freight rates have dropped unusually low in 2025, surprising industry experts and forcing companies to rethink their budgets and strategies. “It’s not even the end
Mexico complied with a ruling on transgenic corn by removing a series of restrictions on imports of this grain and in compliance with the rules of the Treaty between Mexico, the United States and Canada (USMCA). To this end, Mexico’s Secretary of Economy, Marcelo Ebrard, published an agreement
The Commerce Department reported Wednesday that there was a record U.S. trade deficit with Mexico in 2024. This negative balance was $171.809 billion dollars, which is 12.7% more than the negative balance in 2023. The amount resulted from U.S. imports from Mexico of $505.851 billion and U.S. exports
U.S. exports to Mexico in 2024 increased 3.5% at an annual rate, to 334,041 million dollars, according to Census Bureau data released Wednesday. To the entire world, Mexico’s merchandise imports grew 4.5% in 2024, reaching 625,311.8 million dollars, according to an Inegi release at the end of January.
Mexico‘s exports to the United States in 2024 grew at a year-on-year rate of 6.1%, to $505.851 billion. For the entire same year, U.S. imports from around the world were $3.27 billion, implying year-over-year growth of 6.1 percent. Consequently, Mexico increased its market share from 15.4 percent to