The trend of imports and exports in the euro zone will show a marked slowdown in 2023 and then increase in dynamism in 2024, according to forecasts by the European Central Bank (ECB). On the one hand, the increase in exports was 10.9% in 2021 and 7.4% in
After growing 3.1% in 2022, South Korea‘s exports (merchandise only, no services) will rise 0.5%, at year-on-year rates, according to the Bank of Korea. Then, according to its forecast, these exports will increase 3.4% in 2023. Exports reversed their downward trend, as semiconductor exports declined substantially due to
The distribution sector air conditioning equipment, heating and refrigeration and related parts and supplies (HVAC / R) is highly fragmented, with about 6,500 distribution companies in the United States, says the company Watsco. To take into account as background: the industry in the United States and Canada is
U.S. industrial production showed a slight decline in the first quarter of 2023, falling 0.1% at a seasonally adjusted quarterly rate after contracting 0.6% during the fourth quarter of 2022. What explains the decline? Above all, the deterioration in electricity and gas generation, derived from the lower demand
The Bank of Canada expects Canadian exports to be affected by lower demand for products in the U.S. market. In part, this will be a consequence of U.S. growth expected to slow sharply in the second quarter of 2023 and stagnate until the first quarter of 2024. Weak
Mexico displaced Spain from the top position among the world’s largest exporters of strawberries, according to data from the World Trade Organization (WTO). While Mexican exports of fresh strawberries increased at a year-on-year rate of 11% in 2022, to US$833 million, the corresponding exports from Spain fell 14%,