Mexican exports to Germany hit record high in 2023
24 junio, 2024
Mexican exports to Germany hit a record in 2023, growing 6% over 2022, to US$8.746 billion. Germany is the fourth largest economy in the world,
Mexican exports to Germany hit a record in 2023, growing 6% over 2022, to US$8.746 billion. Germany is the fourth largest economy in the world,
Mexico‘s economic performance rose from 30th to 25th position in the IMD’s 2024 global competitiveness ranking. In the sub-indicators of this pillar, Mexico’s positions were
Mexico attracted a record amount of FDI from South Korea in the first quarter of 2024, with 640.6 million dollars. The previous all-time high in
The German economy would grow 0.2% in 2024 and 1.3% in 2025, following a 0.3% contraction in 2023, according to projections by the International Monetary
Mexico‘s GDP growth will be 2% in 2024, according to UNCTAD projections and 2.4% according to IMF estimates. From UNCTAD’s perspective, Mexico benefited from the
Purchases of durable goods are more dependent on credit, making them more vulnerable to interest rate fluctuations. Durable goods have a longer useful life, with
Colombia‘s GDP has grown steadily over the past six years, including growth rates of 11.0% and 7.3% over the past two years, respectively, according to
Mexico gained market share in imports of products to Canada in 2023, having a better dynamism than the United States and China. Canadian imports from
Auto exports from Mexico to Japan broke records in 2023, by registering a year-on-year growth of 18%, to 484 million dollars, according to data from
Foreign Direct Investment (FDI), remittances and exports broke records in Mexico in 2023, according to SHCP data. In general, although to a lesser extent, the
Mexican exports to Germany hit a record in 2023, growing 6% over 2022, to US$8.746 billion. Germany is the fourth largest economy in the world,
Mexico‘s economic performance rose from 30th to 25th position in the IMD’s 2024 global competitiveness ranking. In the sub-indicators of this pillar, Mexico’s positions were
Mexico attracted a record amount of FDI from South Korea in the first quarter of 2024, with 640.6 million dollars. The previous all-time high in
The German economy would grow 0.2% in 2024 and 1.3% in 2025, following a 0.3% contraction in 2023, according to projections by the International Monetary
Mexico‘s GDP growth will be 2% in 2024, according to UNCTAD projections and 2.4% according to IMF estimates. From UNCTAD’s perspective, Mexico benefited from the
Purchases of durable goods are more dependent on credit, making them more vulnerable to interest rate fluctuations. Durable goods have a longer useful life, with
Colombia‘s GDP has grown steadily over the past six years, including growth rates of 11.0% and 7.3% over the past two years, respectively, according to
Mexico gained market share in imports of products to Canada in 2023, having a better dynamism than the United States and China. Canadian imports from
Auto exports from Mexico to Japan broke records in 2023, by registering a year-on-year growth of 18%, to 484 million dollars, according to data from
Foreign Direct Investment (FDI), remittances and exports broke records in Mexico in 2023, according to SHCP data. In general, although to a lesser extent, the