China displaced Mexico from the first position in the classification of the largest corn importers in the world in 2021, according to data from the World Trade Organization (WTO). While the respective purchases from China were 7,582 million dollars (+204, year-on-year), those from Mexico totaled 5,124 million (+66
Among the largest soybean exporters in the world in 2021, countries from the Americas stood out in the top six positions, according to data from the World Trade Organization (WTO). Brazil was placed ahead of all, with foreign sales of 38.638 million dollars (+35% year-on-year), followed by the
The South Texas Pipeline transported approximately 15% of Mexico‘s total natural gas imports through pipelines in 2021. This offshore pipeline transports natural gas from Texas to energy and industrial markets in central and eastern Mexico. TC Energy owns a 60% stake and is the operator of the pipeline.
The Tax Administration Service (SAT) of Mexico collected 490 million dollars from TC Energy, the largest energy company in North America. From September 2021 to February 2022, the SAT issued statements for fiscal years 2014 to 2017 that denied the deduction of all interest expenses, as well as
Mercedes-Benz is building a factory to manufacture lithium-ion battery cell batches as part of its electric vehicle production plans. The company is systematically reorganizing its Mercedes-Benz Drive Systems business unit and plant in Stuttgart-Untertürkheim in line with its «electric-only» directional. Likewise, the company is investing a nine-digit amount
Pemex Logística increased its capital expenditure scheduled for 2022 by 252% compared to the capital expenditure carried out in 2021, which amounted to 7,456 million pesos. Pemex operates its logistics segment through the productive state-owned subsidiary Pemex Logística and provides transportation, storage and distribution services by land, sea