Exports of Mexican products grew 2.9% year-on-year in October, to 41,945 million dollars, Inegi reported this Friday. The value of product exports was made up of 40,660 million dollars of non-oil exports and 1,284 million dollars of oil companies. Thus, in the reference month, total exports showed annual
Global industrial production increased 0.9% in September compared to August 2020, reported the Netherlands Bureau for Economic Policy Analysis (CPB). Throughout the third quarter of 2020, global industrial production grew 7.6%, after having registered decreases of 3.9% in the first quarter and 6.6% in the second quarter, at
The Federal Commission for Economic Competition (Cofece) approved the concentration of International Flavors & Fragrances (IFF) and DuPont de Nemours. This transaction implies the indirect acquisition by IFF of certain capital stock in Mexico. On June 12, 2020, International Flavors & Fragrances and DuPont de Nemours notified Cofece
Mexico captured 2,437 million dollars in Foreign Direct Investment (FDI) in the third quarter of 2020, reported the Ministry of Economy. Of that total, 1,711 million dollars corresponded to new investments; 676 million to reinvestments and 49 million to intercompany accounts. In its quarterly report July-September 2020, the
The Comprehensive and Progressive Agreement of Trans-Pacific Partnership (CPTPP) and Free Trade Agreement (FTA) with the European Union (Japan-EU EPA) will lower agricultural prices in Japan, according to a report from the World Trade Organization (WTO). The Japanese government believes that, as a result of the full implementation
Aeroméxico lost its share to Aerounión and Mas Air in the market for cargo transported in regular service by national airlines in Mexico from January to September 2020, according to data from the Ministry of Communications and Transportation (SCT). While Aerounión registered an interannual fall of 8.1% in