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  • Visteon signs lease with Intermex in Chihuahua
  • ASA obtains concession for airport in Puebla
  • Guanajuato Inland Port planning in-bond facilities for air cargo
  • Automotive investment flowing in Queretaro
  • SCT announces investments in Sinaloa for US$375.7 million
  • Construction of maquiladora plants reactivated at Ciudad Juarez
  • Campus for training on aeronautics inaugurated
  • Suppliers park to be built in Tlaxcala
  • Mega-investment may be attracted to NL
  • Zacatecas receives investments for US$134 million
  • Mars reaffirms its investment in Guanajuato
  • Mexico, in Mercedes- Benz’s crosshairs
  • France fosters aerospace sector
  • Edomex ranks 3rd in automotive industry in Mexico
  • FedEx inaugurates new logistics center
  • Herdez invests US$42.4 million in sustainable plant
  • Production and exports by automotive industry grow over 5%
  • New maquiladora opened in Matamoros
  • Interest in Utah for investing in Mexico
  • Estapack S.A.P.I. de C.V.
  • 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