Exports of fresh strawberries from Mexico to the world fell 4.6% from 2022 to 2023, totaling US$750 million, according to data from the Ministry of Economy. Mexico has year-round strawberry production due to the use of protected horticulture and its favorable climate in different regions. After growing from
The U.S. Department of Agriculture (USDA) projected that Mexican sugar exports to the U.S. market will fall 30.9% in the 2023-2024 season (October-September), to 799,000 short tons gross value. To consider equivalency: one short ton equals 2,000 pounds. Gross value is a factor of 1.07 of refined value,
Most recent acquisitions worldwide of Cemex were Germany’s Kiesel, Canada’s Atlantic Minerals Limited and Israel’s SHTANG Recycle LTD. First, on November 1, 2023, through a subsidiary in Germany, Cemex completed the acquisition of Kiesel, a technology leader in mortars and adhesives in the construction industry based in Germany
Walmart de México y Centroamérica (Walmex) recorded a 22% year-on-year growth in its e-commerce Gross Merchandise Value (GMV) in 2023. In 2022, this company reported total sales of 813.06 billion pesos, with 5.1% of that figure coming from e-commerce. VBM (Value of Business or Merchandise) is a term
The transportation equipment sector dominated FDI directed to Mexico in 2023. Overall, 50% of FDI registered in Mexico was concentrated in the manufacturing sector. Mexico attracted US$36.058 billion of FDI in 2023. The transportation equipment sector encompasses a wide range of industries related to the manufacture, design, maintenance
The United States led the main sources of FDI to Mexico in 2023, with 38% of the total flows captured by this Latin American country. Foreign Direct Investment flows to Mexico reached 36,058 million dollars, an increase of 2.3% at a year-on-year rate. However, if extraordinary investments from