Saudi Arabia and Canada were the largest crude oil exporters on a global scale in 2022, with $225 billion and $121 billion, respectively, according to preliminary estimates and figures from the World Trade Organization (WTO). During the first quarter of 2023, crude oil prices declined as the global
Chile and Peru were the world’s largest exporters of grapes in 2022, with shipments worth US$1.862 billion and US$1.297 billion, respectively. According to data from Chile’s National Customs Directorate, Chile exported grapes (both fresh and dried) last year mostly to the Netherlands ($750 million), the United States ($439
In the fourth quarter of 2022, investment in Peru‘s mining industry totaled US$1.65 billion, US$77 million lower than in the fourth quarter of the previous year. By company, the following investments stand out: Anglo American Quellaveco, decreased its investment to 205 million compared to 409 million in the
China‘s competitiveness fell four places, from 17th to 21st, in the World Competitiveness Ranking 2023, compiled by the Swiss-based Institute for Management Development (IMD). From a medium-term perspective, China’s competitiveness has shown the following trajectory: 2019 (position 14), 2020 (20), 2021 (16), 2022 (17) and 2023 (21). Among
During the first quarter of 2023, world trade growth was positive for both goods and services, according to UNCTAD‘s latest Global Trade Update. Following a slowdown in the second half of 2022, world merchandise trade rebounded in both volume and value. In the first three months of 2023,
The United States moved up one position, from 10 to 9, in the World Competitiveness Ranking 2023, prepared by the Swiss-based Institute for Management Development (IMD). Within this indicator, the United States obtained the following results: in economic performance: domestic economy (5), international trade (32), foreign investment (1),