Do you know foreign trade in Mexico?

21 August, 2019
General foreign trade rules
21 August, 2019
Law on General Import and Export Taxes
Law on General Import and Export Taxes
21 August, 2019

Mexico’s foreign trade is an engine for growth of the Mexican economy; this began in the 80s, and now comes to represent about 65% of the national GDP, 30% exports generated.

In the geography of foreign trade in Mexico, the states of central and northern Mexico are those who are more involved in this activity, and they are benefiting from the opening, employment and production opportunities that this provides.

Mexico ranks within the top 10 countries economic growth engines and national developments.

Various global companies consider the advantages of making the facilities of its operations in Mexico, where the cost structure is lower than that of developed countries; we have a workforce highly skilled and privileged geographical location with the US border in addition to the free trade agreements that strengthen foreign investment.

With increasing international trade, economic growth is also create worldwide.

Main products exported Mexico

  • Automotive products

Mexico has become the 8th largest vehicle producer and 4th world exporter and the 6th largest producer of auto parts.

Assembler’s different vehicles like General Motors, Ford, Chrysler, Volkswagen, Nissan, Honda, BMW, Toyota, Volvo and Mercedes Benz have been establish in various states of Mexico.

  • Electronic products

Flat screen televisions, computers and cell phones, from companies such as Samsung, Sony, LG, Toshiba, Foxconn, Flextronics, Jabil Circuit.

*The electronics industry is the 2nd leading sector of Mexican foreign trade.
  • Agricultural products

Tomato, avocado, onion, green pepper, watermelon, mango, berries, guava, papaya, cattle, beer and tequila.

*Mexico is the 1st exporter of these agricultural products.
  • Appliances products

Refrigerators, air conditioners, washing machines, gas stoves and water heaters, companies such as Electrolux, General Electric, Koblenz, LG, Mabe, Samsung and Whirlpool.

*Mexico is the 5th producer worldwide in the appliances sector.

For aerospace, Mexico has become an attractive destination for investment and has grown significantly among companies in this sector include Labinal, Bombardier and Embraer.

Mexico is a major recipient of foreign direct investment, becoming an ideal place for businesses to locate and operate internationally.

Royal-Courier Trades SA de CV service international import and export

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