World commercial services exports recorded year-on-year growth of 8.3 percent in 2023, to $7.3 trillion, according to data from the United Nations Conference on Trade and Development (UNCTAD). As part of these flows, international transport sales were $1.352 trillion, a year-on-year drop of 11.2 percent. In contrast, travel
What are avocado logistics like around the world? Find out how this fruit travels to reach consumers’ palates. In 2023, countries imported avocados worth US$8.482 billion. The largest importer in that year was the United States, with foreign purchases of 1.26 million tons worth 3.087 billion dollars. Avocado
Automotive companies such as Tesla and General Motors have invested in the mining sector as part of “the cold war of minerals,” noted Armando Ortega, senior vice president of Mexico Operations at Equinox Gold. In 2022, Tesla closed a US$5 billion deal to source nickel from Indonesia. The
Mexico offers opportunities in electromobility in several niches due to both new technologies and the lower production volumes required in the auto parts industry. Generally, when a company seeks to enter already consolidated markets it is more difficult, but now technology is facilitating this in the field of
Exports of services from Mexico to the United States have shown a growing trend both in nominal terms and in market share. These Mexican foreign sales to that market grew from $30.5 billion in 2019 to $44.8 billion in 2023, according to data from the U.S. International Trade
Global seaborne trade volume of dry bulk commodity dry bulk commodities will record a compound annual growth rate (CAGR) of 0.7% between 2023 and 2027, according to projections by Frost & Sullivan. This trade volume, which includes commodities such as iron ore, coal, and grains, reached approximately 5,230.1