Mexico ranked as the main exporter of products to the United States from January to April 2023, with shipments of 153,569.7 million dollars. This amount represents an increase of 5.8% compared to the same period in 2022, according to data from the Department of Commerce. Behind Mexico were
Convertidora Industrial (Conver) requested the Mexican Ministry of Economy to maintain an antidumping quota on imports of metallized plastic balloons originating from China. Previously, on June 7, 2018, the Final Determination of the antidumping investigation on imports of metallized plastic balloons originating in China, regardless of the country
State aid control in the European Union (EU) will enter a new stage in the current year, once several provisions come into force, according to a report by the World Trade Organization (WTO). First and foremost, a new element of subsidy control is Regulation (EU) 2022/2560 on foreign
The automotive industry is facing lower global demand, but sales of electric vehicles continue to be strong, reported Coface, a France-based credit insurer. In particular, global inflation and European Central Bank (ECB) policy are discouraging households from buying expensive goods. Simon Lacoume, global economist at Coface, said auto
Weak global demand for metals, driven by gloomy global growth forecasts (real estate, smelters), is affecting mining companies‘ financial forecasts, noted Simon Lacoume, global economist at French credit insurer Coface. According to him, the metallurgical sector is struggling worldwide against the macroeconomic context of stagflation. As a result,
A total of 32 automotive companies sold 519,534 units of light vehicles to the public in Mexico from January to May 2023, an increase of 21.4% year-on-year, Inegi reported. The companies are: Acura, Audi, Bentley, BMW Group, Ford Motor, General Motors, Honda, Hyundai, Infiniti, Isuzu, Jaguar, KIA, Land