Imports from Mexico presented a year-on-year decrease of 26.1% in July, to 29,863.7 million dollars, informed Inegi. This figure was a reflection of decreases of 24.1% in non-oil imports and 44.4% in oil imports. When considering Mexico’s imports by type of good, annual decreases of 39.3% were observed
Exports from Mexico totaled 35,662.4 million dollars in July, a year-on-year drop of 8.9%, reported Inegi. While foreign oil sales fell 36.5%, to 1,403.9 million, non-oil sales fell 7.2%, to 34,258.5 million, at an annual rate. Within Mexico’s non-oil exports, those directed to the United States fell at
Mexican companies issued flows of Foreign Direct Investment (FDI) for 5,029 million dollars in the second quarter of 2020, according to data from the Bank of Mexico (Banxico). In the previous period, the first quarter of 2020, its emissions totaled 983 million dollars. This type of flows is
The Ministry of Economy defined two evaluation periods for the Commercial Identification Number (NICO) in the final version of a preliminary draft that is under review by the National Commission for Regulatory Improvement (Conamer). These are modifications of the preliminary draft «Agreement establishing the methodology for the creation
Enrollment of international students could drop between 50 and 75% in some institutions, according to estimates from the World Trade Organization (WTO). Covid-19-induced border closures and travel bans, along with local lockdown measures, have forced many higher education institutions to close campuses and switch to online teaching and
Mexico started the regulatory process to open a quota for rice imports for 105,000 tons. The quota is in the process of authorization by the National Commission for Regulatory Improvement (Conamer). For this, the Ministry of Economy argued that based on the information released by the Food and