According to data from the Ministry of Finance and Public Credit (SHCP), foreign trade revenues have declined in importance in Mexico over the last four years. Of the total revenue collected by the federal government in 2024, foreign trade-related operations contributed 23.7%, after reaching 30.3% in 2020 and
Denim fabric exports Mexico fell at a year-on-year rate of 50.2% in 2024, to US$33.4 million. With ups and downs, these external sales in 2024 were the lowest in the last seven years, according to data from the Bank of Mexico (Banxico). Denim fabrics are a type of
Mexico‘s government reported that it plans to boost textile production by 5 billion dollars in the coming years. At current prices, the Gross Domestic Product (GDP) of the textile and apparel industry in Mexico was 488 billion pesos in 2024, according to Inegi data. Textile production The government
Emilio Fernando Azcárraga Jean, who controls the voting shares of Grupo Televisa, is allegedly related to FIFA Gate. Azcárraga Jean has denied being linked to this case. FIFA Gate was a corruption scandal that broke in 2015 and exposed a network of bribery, money laundering and fraud within
The federal government has carried out three actions to strengthen the textile industry in Mexico, increasing investments and jobs. This Wednesday, at the headquarters of the Ministry of Economy in Mexico City, a business meeting was held in the sector: a B2B between suppliers and buyers. Textile industry
The company Ollamani disclosed the revenues from the Banorte Stadium in 2024, both for matches and events, as well as the sale of beverages and food. To be precise: it used to be called Estadio Azteca and is sometimes referred to as Coloso de Santa Ursula. Now its