While Canada‘s government support programs have begun to wane, household purchasing power continues to be supported by large amounts of savings, the Royal Bank of Canada noted. Although the unemployment rate remained above pre-pandemic levels at the end of 2021, labor markets have improved substantially since the start
China has reduced its workforce since 2012, according to a World Trade Organization (WTO) report. China’s population stood at approximately 1.41 billion in 2020. In general, one of the weaknesses of the Chinese economy is the aging of its population, which results in high public spending and higher
During the last six months, China has been participating in nine trade negotiations, according to a report by the World Trade Organization (WTO). These are the following trade negotiations: China-Japan–ROK FTA, China-Gulf Cooperation Council FTA, China-Sri Lanka FTA, China-Israel FTA, China-Norway FTA, China-Republic of Moldova FTA, China-Panama FTA,
The United States led the external supply of fruits and vegetables to Mexico in 2021, with exports of 1,661 million dollars, according to data from the Department of Agriculture (USDA). In particular, last year, fresh fruit exports from the United States were 748.3 million dollars, this is 37.2%
Mexico led the purchases of wheat originating in the United States in 2021, with 1,294 million dollars, a growth of 66.4% year-on-year. Wheat is used to produce flour, the key ingredient for breads, pastas, crackers, and many other food products, as well as various industrial products such as
U.S. pork exports hit a record high in 2021, totaling $8.107 billion, up 5.1% year over year. The main destinations? China, with 1,698 million dollars and a decrease of 25.6%, followed by Japan (1,694 million, +4.4%) and Mexico (1,675 million, 45.3 percent). For the Department of Agriculture (USDA),