China, the United States and Germany ranked as the largest exporters and importers of intermediate goods in 2020, the World Trade Organization (WTO) reported. Chinese exports of these products increased 41% year-on-year. Meanwhile, the large increase in Australia‘s corresponding exports (61%) was mainly due to iron ore concentrates
Silver production in Mexico was led by the companies Fresnillo plc., Newmont and Grupo México in 2020, reported the Mexican Mining Chamber (Camimex). Silver mining production was 180.2 million ounces in 2020, 4% less than the previous year. Of that total, Fresnillo plc, the largest producer in the
The Economic Commission for Latin America and the Caribbean (ECLAC) estimates that in 2020 the extreme poverty rate stood at 12.5% and the poverty rate reached 33.7% of the region’s population. This means that the total number of poor people reached 209 million at the end of 2020;
Farmacias Benavides reported that Fármacos Nacionales and Casa Marzam are its main wholesalers in the purchase of merchandise. The company purchases products from a mix of wholesale and direct suppliers that fluctuates according to its business strategy. Regarding its financial results, Farmacias Benavides registered sales of 3,531 million
The Alsea company affirmed that Domino’s Pizza or Burger King may suffer from informality in Mexico. In the last three decades, the average annual growth rate of Mexico’s GDP is 2.5%, slower than most emerging markets, due in part to its high rates of labor informality, poverty and
Aleatica reported that the Circuito Exterior Mexiquense (CEM), located in Mexico, exceeded the maximum traffic level prior to the Covid-19 pandemic in the second quarter of 2021. «The Circuito Exterior Mexiquense showed a relevant increase, reaching levels of traffic equivalent to those found prior to the pandemic, that