Canadian exports grew 8.1% in January compared to the same month of the previous year, to 51.184 million Canadian dollars. On the contrary, imports increased 0.9%, to 49,789 million dollars. Trade is central to the Canadian economy, where one in six jobs is directly linked to exports. With
The glyphosate import ban affects cotton production in Mexico, the United States Department of Agriculture (USDA) said in a report. Since November 2019, Mexico’s Ministry of the Environment and Natural Resources (Semarnat) has stopped unilaterally issuing import permits for the pesticide glyphosate, citing the precautionary principle. Glyphosate is
Cinnamon imports in Mexico totaled $ 72.4 million, with various sources from Asia. From the Greek word for «sweet wood,» cinnamon is a popular spice used in cooking and comes from the inner bark of several trees belonging to the genus Cinnamomum. The imported cinnamon consumed in Mexico
During the week the peso depreciated 2.14% or 44 cents, closing at 21.30 pesos per dollar, with the exchange rate touching a minimum of 20.5524 and a maximum of 21.4181 pesos per dollar. The peso accumulates three consecutive weeks of significant losses against the dollar, accumulating a depreciation
Avon Products posted revenue of $ 1.846 billion in Latin America, a 27% drop year-on-year. From cosmetics, perfumes and toys to costume jewelry and household goods, Avon manufactures and markets beauty and related products. Above all, Avon’s revenues were impacted by certain indirect taxes recognized in Brazil. Excluding
Magna International decreased its sales in Mexico by 21.8% in 2020, to $ 3,359 million. Regarding the United States market, the company‘s sales totaled 8.210 million dollars, a decrease of 15.4% annually. The characteristics of the company are: It is a Canadian mobility technology company for car manufacturers.