World export orders recovered in January 2025, according to data from the World Trade Organization (WTO). Last January, the export orders index stood at 101.0 points. This is a sub-indicator of the Merchandise Trade Barometer. Barometer values above 100 indicate growing merchandise trade. This means that trade volumes
Japan, South Korea and, above all, China ranked as the top destinations for Australia’s exports in 2024, according to data from the Australian Bureau of Statistics (ABS). China remains Australia’s largest bilateral trade partner, with a 28% share. Of total Australian exports, 30.1% go to China. Of Australia’s
A senior Mexican government official stated that U.S. protectionism for national security led the United States to impose a 25% tariff on steel and aluminum imports from around the world. The Undersecretary of Foreign Trade of the Mexican Ministry of Economy, Luis Rosendo Gutiérrez, made this comment in
The United States imposed tariffs to the world on steel and aluminum of 25%, impacting products with a potential value of 206,292 million dollars. These tariffs, which include products derived from both metals, came into effect as of Wednesday on orders from President Donald Trump Tariffs to the
U.S. President Donald Trump announced Tuesday that he will impose a 50% tariff on Canadian steel and aluminum. Trump argued that this decision was made after the province of Ontario, Canada, will charge U.S. entities that import electricity a tax surcharge of approximately 25 percent. This new Canadian
Coahuila, Guanajuato and Nuevo León occupied the top positions in the ranking of auto parts production by states in Mexico in 2024. What was their share of overall national production? Coahuila (14.8%), Guanajuato (13.8%) and Nuevo León (12.8%), according to data from the National Auto Parts Industry (INA).