Tequila and mezcal exports from Mexico had a customs value of 3,317 million dollars in 2021, a year-on-year increase of 35.8%, according to data from the Ministry of Economy. Tequila is a distilled beverage that is made from the blue agave plant. There are two main categories of
The United States announced this Thursday that it began consultations with Mexico regarding the probability of establishing a dispute resolution panel for the case of the vaquita marina and the totoabas within the framework of the USMCA. From roughly the mid-1930s to the mid-1970s, the most important fishery
The United States broke a record in its avocado imports in 2021, amounting to 3,034 million dollars, according to data from the Department of Commerce. It was the first time that these external purchases exceed 3,000 million dollars. Previously, the $1 billion barrier was broken in 2013 and
China and Mexico ranked as the largest importers of US corn in 2021, according to USITC figures. Imports to China grew at a year-on-year rate of 316%, to 5,099 million dollars. According to the Peterson Institute for International Economics (PIIE), products such as pork, corn, wheat and sorghum
Lear Corporation reported that 85% of its employees globally were located in low-cost countries in 2021, one percentage point less than in 2020. The company is a world leader in automotive seat technology and electronic systems, enabling superior in-vehicle experiences for consumers around the world. To all the
Hybrid, plug-in hybrid and electric vehicles collectively accounted for 11% of light vehicle sales in the United States during the fourth quarter of 2021, according to data from Wards Intelligence. On a global level, the automotive market is very competitive today and is expected to become even more