Brazil is the world’s largest sugar exporter, with external sales worth 15.747 billion dollars in 2023. For that country, the amount represented a record, after its previous all-time high of 14,942 million dollars in 2011. Although sugar is a carbohydrate found naturally in most plants, it is mainly
Presidential candidate Claudia Sheinbaum supports the current state-led approach to Mexico‘s energy policy. This energy policy pushes for the strengthening of Pemex and the Federal Electricity Commission (CFE). While Pemex and CFE compete in a free market, they are state-owned productive enterprises and receive state support. On the
Crude oil exports from Colombia to the world had a year-on-year drop of 23% in 2023, to US$12.435 billion. After reaching a record $27.644 billion in 2013, these sales have not exceeded $17 billion in the last nine years. In Colombia, the largest oil company is Ecopetrol, one
Mexico‘s fiscal contributions derived from foreign trade in 2023 totaled US$1.117.6 billion. Comparatively, the amount is 1.9% lower than the 2022 result. Within these contributions, 851,498 million pesos correspond to VAT, an indirect tax levied on the sale of goods and services in the country. In second place,
Germany, the United States and South Korea were the world’s leading importers of lithium-ion batteries in 2023. According to the World Trade Organization (WTO), German imports of this product grew at a year-on-year rate of 58% in 2023, to $22,805 million. In second place, U.S. imports were $18,750
Exports of fish, mollusks and crustaceans from Japan to China fell 42% in 2023, affected by restrictions related to a nuclear plant. According to data from Japan’s Ministry of Finance, this drop meant that exports totaled US$320 million. As a result, China moved from first to second place