The United States, Australia and China were placed as the main destinations for Mexican beer exports in 2021, according to data from the World Trade Organization (WTO). At the interannual rate, sales of beer from Mexico to the United States were 4,823 million dollars, an advance of 18%
Canada and the United Kingdom have promised to start negotiations to agree on a free trade agreement before April 1, 2022, with the aim of achieving a permanent bilateral agreement. At the bilateral level, Canada has implemented free trade agreements with the following countries: Chile, Colombia, Costa Rica,
The number of employees at the CFE (Federal Electricity Commission) of Mexico decreased at a rate of 2.1% year-on-year in 2021, to 87,690. In broken down form, the CFE recorded the following results, with annual rates: its number of «workers» fell 2.6% (to 69,119), that of «employees» contracted
Mexican imports of products climbed 18.5% in January at the annual rate, which amounted to 40,185.4 million dollars, reported the Inegi. With series adjusted for seasonality, total imports registered a monthly fall of 3.42%, which was derived from decreases of 3.47% in non-oil imports and 2.96% in oil
The shortage of semiconductors could affect the growth of Mexico’s GDP in 2021 by approximately 1.3 percentage points, highlighted a member of the Governing Board of the Bank of Mexico (Banxico). On the supply side, the majority of the members of the Governing Board highlighted the weakness of
Mexico‘s automotive exports fell 20.5% year-on-year in January, to 8,250.3 million dollars, Inegi reported this Friday. Mexico is the world’s sixth largest manufacturer of passenger vehicles, the largest automotive supplier in the United States and the world’s leading exporter of tractor-trailers. In 2021, Mexico’s automotive exports were 139,841