Capital goods imported by Mexico fell in the first five months of 2025, after growing for four consecutive years. According to Inegi data, Mexico imported these products for a customs value of 22.922 billion dollars from January to May of this year. This implies a year-on-year decrease of
Chile and Norway were the two largest exporters of salmon in the world in 2024. Both nations accounted for 55.6% of world exports of salmon fillets. Globally, external sales of Pacific, Atlantic and Danube salmon fillets totaled $10.973 billion in 2024, according to WTO data. They include fresh,
The production of transportation equipment contributed 33% of the value added of IMMEX companies in Mexico during 2024. The IMMEX industry is based on an agile import-export model. These companies bring in inputs and components without paying tariffs. They then export the finished products. Tariffs are only applied
Higher regional content reduced imports of essential parts from non-USMCA countries, according to a USITC analysis. Lower foreign purchases of these products from the USMCA region were due to tighter rules of origin. Essential parts account for approximately 40% of vehicle cost and include engines, transmissions, body and
USMCA rules of origin led to a reduction in Mexican vehicle exports in 2024, according to an analysis by the United States International Trade Commission (USITC). However, the decrease was marginal compared to total Mexican exports of these products. Rules of origin are the criteria necessary to determine
Section 232 tariffs have weakened the U.S. auto industry, according to U.S. manufacturers. An earlier model by the International Trade Commission (USITC) estimated that Section 232 tariffs led to an increase in the domestic supply of certain steel and aluminum products. The reference for this conclusion was included