Coahuila, Guanajuato and Nuevo León occupied the top positions in the ranking of auto parts production by states in Mexico in 2024. What was their share of overall national production? Coahuila (14.8%), Guanajuato (13.8%) and Nuevo León (12.8%), according to data from the National Auto Parts Industry (INA).
Mexico‘s auto parts exports were US$121.693 billion in 2024 and the National Auto Parts Industry (INA) projects that they will rise to US$124.014 billion in 2025. Comparing the 2024 amount with 2023, these foreign sales increased at a year-on-year rate of 1.2 percent. If the figure is compared
The United States and Brazil compete for the rice market in Mexico, occupying the top positions among its main external suppliers. In 2024, U.S. exports of this product to Mexico reached a record US$443 million. In turn, the corresponding shipments from Brazil were US$15 million, although in the
The share of Chinese exports to the United States accumulated four years of year-on-year declines in 2024. As a result, China‘s share of total foreign purchases of products in the U.S. market fell to 13.4%, according to data from the Department of Commerce. Another way of looking at
Mexico, China and the European Union ranked among the top exporters of aluminum derivatives to the United States in 2024. Last February, President Donald Trump signed proclamations to close existing loopholes and exemptions to reinstate an effective 25 percent tariff on steel and raise the tariff on aluminum
World trade, measured by volume, recorded year-on-year growth of 1.8% in 2024, reported the Netherlands Bureau for Economic Policy Analysis (CPB). The increase implied a recovery after a 1.2% decline in 2023. World trade According to the German Bundesbank (Bundesbank), the tightening of U.S. trade policy could seriously