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Last year, Mexican exports grew 22.5% to 158 billion dollars, surpassing those of Japan and the United States, which rose 16.3% and 13%, respectively. Mexico rose from fourth to third place among the largest automotive exporters from 2022 to 2023, according to data from the World Trade Organization (WTO). Marginally, Mexico displaced Japan and the […]
Mexican external sales in this industry have fluctuated from $73 billion in 2021, to $83 billion in 2022, and finally to $70 billion in 2023. In each of those years, our country remained in 10th place, according to WTO figures. Mexico remained in tenth place among the world’s largest exporters of office and telecommunications equipment […]
The Biden-Harris Administration announced new measures to tackle the abuse of the de minimis exemption by Chinese e-commerce platforms like Shein and PDD Holdings Inc. PDD owned Temu. What Happened: As per the official statement from the White House on Friday, the de minimis exemption, which allows goods valued at $800 or less to enter the U.S. duty-free, has seen “increased abuse” over the past […]
The National Customs Agency of Mexico (ANAM) outlines the use of artificial intelligence (AI) to combat the undervaluation of imported goods. Artificial intelligence is going to change customs a lot, it will be a complement to risk analysis,” said André Foullon, head of ANAM, participating in the National Congress of Customs Agents, in Mexico City. […]
