Agricultural exports from the United States to China grew with China’s economic recovery from COVID-19. In particular, the recovery generated strong demand for US agricultural products such as cotton, soybeans, wheat and corn. In 2020, agricultural exports from the United States to China totaled $ 26.4 billion, which
The US clothing retailer Guess reported that it closed 123 stores in 2020, to directly operate 1,046. Overall, the company has reduced its dependence on a particular geographic region. Thus, according to Guess, this geographic diversification provides ample long-term growth opportunities, even during regional economic downturns. The percentage
The Chinese company Niu Technologies reported that it sold 149,649 e-scooters in the first quarter of 2021 worldwide, an increase of 272.6% year-on-year. For the same period, the number of e-scooters sold in the Chinese market reached 144,654, which represents a growth rate of 321.5% year-on-year. On the
Air transport will fall 62% in 2021 compared to 2019, the International Air Transport Association (IATA) projected. As a preamble, according to Cirium, by the end of 2020, about a third of the global fleet was in storage. IATA predicts that, by the end of 2021, there will
The Brazilian aeronautical manufacturer Embraer lowered its revenues 31% and its employees 14.8% in 2020, at year-on-year rates. Headquartered in São José dos Campos, Embraer closed last year with 18,125 employees, this is 3,136 less than at the end of 2019. Approximately 76% of the company‘s workforce is
The Colombian oil company Ecopetrol plans to invest a range of between 3.5 billion and 4 billion dollars in 2021. Headquartered in Bogotá, this vertically integrated oil and gas company has a presence mainly in Colombia and activities in the United States, Brazil and Mexico. Ecopetrol’s consolidated capital