Bimbo led the ranking of the top food and beverage companies in Mexico in 2020, measured by net revenues, according to a Statista analysis. Then followed, in descending order: Coca-Cola FEMSA, Arca Continental, Sigma Alimentos, Gruma, Grupo Modelo AB-InBev, PepsiCo Alimentos, Grupo Lala, Heineken Mexico and Nestlé Mexico.
Trade-distorting domestic support would skyrocket in the coming years if left unchecked, warned the World Trade Organization (WTO). Since 2001, the growth in authorized levels of trade-distorting domestic support, measured by AMS and de minimis – has increased from $322 billion to approximately $740 billion in 2016. Then
Automotive trade between the United States and South Korea has been on a growing trend since the two nations put a Free Trade Agreement (FTA, or KORUS) into effect in March 2012. U.S. and South Korean producers compete intensely in the motor vehicle and parts sector, and these
Grupo México Transportes (GMxT), known as Ferromex, increased its revenues by 4.1% in the second quarter of 2022 at annual rate, totaling 13,438 million pesos. GMxT is the Transportation division of Mexican conglomerate Grupo Mexico. In the second quarter of this year, GMxT saw a reduction in transported
Mexico doubled its foreign purchases of gasoline and butane and propane gas, as a whole, in June 2022, Inegi reported on Wednesday. Overall, imports of consumer goods were 7,978 million dollars, a figure that translated into an annual increase of 49 percent. This rate was the result of
Mexico‘s imports and exports of products grew at double-digit year-on-year rates in the first half of 2022, according to Inegi. On the one hand, exports totaled 280.771 billion dollars, an advance of 18.8%, year over year. On the other hand, imports totaled 293,715 million dollars, which reflected a