Our comprehensive report examines the sectors most resilient to economic fluctuations, the strength of Mexico's manufacturing ecosystem, and the benefits of its customs and regulatory framework.
KEY HIGHLIGHTS
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Economic Resilience: Understand which sectors, such as retail, chemicals, and pharmaceuticals, are thriving despite economic challenges.
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Trade and Market Access: Learn about Mexico's extensive trade agreements and how they facilitate international business.
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Manufacturing Excellence: Explore Mexico's diverse and vibrant manufacturing sector, from automotive to electronics.
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Regulatory Insights: Navigate Mexico's modernized customs and regulatory framework with ease.
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1. Mexico is a prime location for business expansion
Mexico stands out as a strategic hub for global business expansion without the need to relocate. With its advantageous geographic location, robust trade agreements, skilled workforce, and well-developed infrastructure, Mexico offers numerous opportunities for foreign companies looking to expand their operations.
Currently, Mexico has a solid and mature industrial base, mainly in sectors such as metal-mechanical, automotive, aerospace, and electrical-electronic, among others. As a result, Mexican exports of manufactured goods, especially those with high added value, have experienced a notable increase compared to petroleum products and raw materials.
2. Mexican EXPORTS
In 2022, the value of merchandise exports was 578,193 million dollars, representing an annual increase of 16.9%. Meanwhile, the value of total imports was 604,615 million dollars, 19.6% higher than the amount reported in 2021.
2023 was a good year for the country, as it remained the United States' top trading partner for most of the year and managed to position itself among the largest exporters globally. The value of its exports was 592.9 million dollars, while its imports were 598.4 million dollars.
3. Mexico's booming industries – automotive, aerospace, and more – demand efficient logistics
Its high level of sophistication has positioned several industries such as automotive, aerospace, metal-mechanical, and electrical-electronic among the most important in the world. This represents a significant opportunity to reap the benefits of trade throughout the country and create stronger and more valuable links in value chains.
4. Mexico's Air and OCEAN PORTS entries and exits to the world
TOP Cargo movement at Mexican Ports, 2023 (in TEUs)TOP Cargo movement at Mexican Ports, 2023 (in TEUs)
TOP Air Cargo movement in Mexico, 2023 (tons)
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