Trend of capital goods imports into Mexico
The trend of capital goods imports to Mexico showed a drop in the first quarter of 2025, after four years of continuous growth in the same period, according to Inegi data. In the first three months of 2025, Mexico imported these products for a customs value of US$13.599 billion. Imports of capital goods consist of […]
U.S. industrial production outlook
The Mexican government released the outlook for U.S. industrial production as part of the context for its budget and revenue programming for 2025. Why this is important: because the Mexican economy has strong trade, financial, tourism, economic and investment ties with the United States. In the Economic Package for 2025, the Ministry of Finance and […]
Imports of consumer goods to Mexico rise 23%
Imports of consumer goods to Mexico, excluding the oil sector, have grown at double-digit rates since 2021. For example, these products include cell phones, computers, clothing, footwear, televisions, refrigerators, washing machines, hygiene and beauty products, furniture, toys and medicines. From January to July 2024, these foreign purchases grew 23% over the same period of the […]
Imports of capital goods to Mexico from China
Imports of capital goods to Mexico from China accounted for 61.66% of total Mexican merchandise imports in 2021, according to the most recent data available from World Bank statistics. That proportion has increased in recent decades from a coverage of 17% in 1994. What are capital goods? Assets that are used in the production of […]
Mexican merchandise imports fell 1% in January
Mexican merchandise imports fell 1% in January 2024, to 46.272 billion dollars, Inegi informed this Tuesday. Among the products that Mexico imports the most are auto parts, gasoline, advanced electronic circuits, gas, telephones, computers and cars. To ponder: considering full years, Mexican merchandise imports decreased in 2019 and 2020, respectively 1.9% and 15.8%; then, in […]
Imports to Mexico fall 1% in 2023
Imports to Mexico fell at a year-on-year rate of 1.0% in 2023, to US$598.475 billion. While Mexican purchases of petroleum products fell 30.2% to $51.755 billion dollars, those of non-petroleum products rose 3.1% to $546.721 billion dollars. Mexico is the fourteenth largest economy in the world, the second largest in Latin America and the largest […]
Mexico’s capital goods imports: record high
Mexico achieved a record in its imports of capital goods in the first four months of 2023, with 17.609 billion dollars, reported Inegi. The previous all-time high was in the same period of 2022, when these imports totaled 14.473 billion dollars. Thus, this indicator grew at a year-on-year rate of 21.7 percent. Importaciones de México […]
GICSA: top 10 clients in Mexico
Main clients of GICSA include Grupo Inditex (fashion), Cinemex (entertainment), Unifin (finance), Kavak (automotive) and El Palacio de Hierro (departmental). Other major clients include Grupo Axo (fashion), Procter & Gamble (consumer goods), Cinépolis (entertainment), Coppel (departmental) and Avon (beauty). GICSA is a company engaged in the development, investment, marketing and operation of shopping centers, corporate […]
Mexico’s capital goods imports
Mexican imports of capital goods grew 7.06% quarterly in March, accumulating 11 consecutive quarters of growth at a quarterly rate, referred Banco Base. Although there is a significant lag in gross fixed investment of 7.06% with respect to its historical maximum, the lag in imported machinery and equipment investment with respect to the maximum is […]
Energy exports of United States
Increased demand for U.S. energy exports was a key driver of U.S. foreign sales reaching an all-time high in 2022. In fact, the United States benefited as many countries-especially in Europe-sought to replace Russia as a source of crude oil and natural gas supply. U.S. real exports of goods exceeded their pre-pandemic 2019 levels by […]