China‘s main trading partners include, in descending order, the European Union, the United States and South Korea. China positioned itself as the world’s largest merchandise trader in 2020, with exports of $ 2 trillion 590.646 million and imports of $ 2 trillion 055.612 million. Total trade between China
China‘s exports registered a year-on-year growth of 3.6% in 2020, to 2 trillion 590,646 million dollars, considering only products. On the contrary, Chinese imports totaled 2 trillion 055.612 million dollars in the same year, a decrease of 1.1%, at an annual rate, according to data from the General
Market expectations for oil prices would average $ 54.2 per barrel in 2021. With regard to 2022, prices would have an average of 51.9 per barrel, according to projections by the European Commission. The prices have been rising since November 2020 due to strong OPEC+ production cuts, compounded
The Ministry of Economy and the Tax Administration Service (SAT) of Mexico seek to encourage reliable exporting companies. «One of the challenges we have is how to increase the national content in our products, especially those for exports,» said Tatiana Clouthier, Secretary of Economy. «From the Ministry of
The peso starts the session with a depreciation of 0.35% or 7 cents, trading around 20.03 pesos per dollar, with the exchange rate touching a minimum of 19.9621 and a maximum of 20.0829 pesos. With this movement, the peso erases most of Thursday’s appreciation and accumulates an advance
Global container trade posted a 2% year-on-year decline in 2020, shipping company Maersk reported. While global container trade growth improved to around 5% in the fourth quarter of 2020, the sharp contraction in the second quarter resulted in negative growth for the entire year. This result was considerably