Mexico will impose a 50% tariff on white corn exports (for human consumption only and not genetically modified) as of Tuesday. From January to November 2022, Mexico exported 246,926 tons of white corn to the world for a value of 78 million dollars. The main destinations of these
There are more than 360 ports in the United States, which are operated by states, counties, municipalities or private companies, or jointly by several of these entities, according to WTO data. The top 50 ports received approximately 85% of waterborne cargo tonnage. Port congestion, particularly on the country’s
The European Union and the Association of Southeast Asian Nations (ASEAN) have a much higher share of manufacturing in their exports. First, whether we consider gross exports or the domestic value-added content of exports, manufacturing exports still account for the bulk of merchandise trade. This partly reflects the
In December 2022, the Board of Directors of Ecopetrol approved between 25.3 billion and 29.8 billion Colombian pesos for the 2023 investment plan (the «Investment Plan»), at US$80/Bbl Brent. The company expects to allocate approximately 66% of these investments to projects in Colombia and the remainder to the
The volume of U.S. fresh, dried, and processed fruit exports between 2012/13 and 2021/22 fell 29%, to 2.9 million metric tons, according to USDA data. However, a 25% increase in unit value during this period softened the decline in value to just 11% lower, as trade fell $0.7
The World Bank projected that the world economy will slow sharply to 1.7% in 2023, the third weakest pace of growth in nearly three decades, eclipsed only by the global recessions caused by the pandemic and global financial crisis. This figure is 1.3 percentage points below previous forecasts,