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  • Automotive sector provides impulse to 3M
  • The Governor of Queretaro heads the Mexican Manufacturing Association Meeting
  • Queretaro opens to Chinese investment
  • Investment will grow in the electric sector
  • Oil companies from Houston want to establish in Monterrey
  • Linares may attract an assembly plant: Sedec
  • Pemex announces investment in refineries for US$1.4 billion
  • The Aerospace Industry is starting to grow in Jalisco
  • The Ministry of Energy presents Round One to companies
  • Cleantech Challenge Mexico 2014
  • Aerospace clusters mitigate economic turbulence
  • US$410 million to be invested in Chihuahua, generating 5,500 jobs
  • Mexico enjoys international investors’ confidence
  • Senior Operations will grow in Saltillo
  • Quimmco invests in auto parts development
  • Sanmina will invest US$27 million
  • Aeromexico, Interjet and Volaris receive supplies from Leon
  • Chihuahua looking in Canada for aerospace investment.
  • Aerospace companies will invest in Mexico
  • Aerospace cluster strengthened by the execution of the Mexico-France Agreement
  • US trade with Mexico grows more than with Canada

    Mexico City – For at least 5 months now, the value of trade by land between the United States and Mexico has grown faster than trade with Canada, according to statistical reports from the United States Department of Transportation (DOT). While the value of goods exchanged by the United States with Canada grew 13.7% in February 2012, the sum of everything that crossed the border from or into Mexico increased its value by 23%. In spite of this acceleration, US trade relation with Canada remains bigger than with Mexico. The amount of trades with Canada added to US$45.440 billion, while with Mexico it was only US$32.696 billion; this means that USA trade by trucks, trains and ducts is 1.39 times more with Canada than with Mexico. Both US neighbors keep an advantage in their trade balances with the USA, but Mexico’s is already greater. The difference between what Mexico exports and imports is US$3.801 billion; Canada has a trade surplus of US$2.461 billion with the USA.
    Source: Reforma | Date: 10/05/2012