Gasoline imports to Mexico showed a decrease of 44.4% year-on-year in the first two months of 2021. With this result, they reached 1,612 million dollars, according to data from Banxico. Following the government’s phasing out of gasoline and diesel price controls in 2017, domestic fuel prices are now
Mexico‘s exports of water and soft drinks have grown at double-digit rates in recent years. With a year-on-year increase of 46.9%, these sales totaled 103 million dollars in the first two months of 2021. At least since 2018, when they climbed at a rate of 21%, exports of
The peso starts the session with little change compared to Thursday’s close, showing a depreciation of 0.07% or 1.3 cents and trading around 19.95 pesos per dollar, with the exchange rate touching a minimum of 19.9142 and a maximum of 19.9790 pesos per dollar. In the foreign exchange
The companies Megacable-MCM, Televisa and Total Play gained share in the fixed telephony market in Mexico in the second quarter of 2020, according to the latest data available from the Federal Telecommunications Institute (IFT). On the one hand, the largest player in the sector, América Móvil (Telmex), had
Mexican trucks that cross the United States, in the commercial zone, registered an increase of 2.2% year-on-year in 2019, to 27,803 units. At the same time, the number of active carriers with a USDOT number providing that service was 4,944, an increase of 0.9%, according to the latest
Several agricultural groups and companies in Mexico are working to file appeals against a decree related to transgenic corn, the United States Department of Agriculture (USDA) said. On December 31, 2020, Mexico published a final decree in the Official Gazette of the Federation that requires the gradual elimination