64% of SMEs in Mexico would benefit from the digital chapter of the USMCA

Friday, July 17, 2020

Unlike NAFTA, the USMCA contains a new chapter on eCommerce, with which small and medium-sized companies would benefit the most.

These businesses represent 64% of Mexican companies and 70% of the country’s total employment.

This new Chapter 19, seeks to promote transparency and promote border eCommerce.

According to the Latin American Internet Association (ALAI) this year has shown double growth in the first half.

In addition, data from the International Data Corporation (IDC) forecast that, as an effect of the pandemic, eCommerce will grow 60% in 2020.

Regarding the new rules contemplated by the T-MEC in its chapter on eCommerce, it includes the protection of personal data, the exclusion of subsidies or favorable deals and raising the value of shipments purchased online via the amount of $ 50 to $ 100.

These provisions will help hundreds of small and medium-sized Mexican companies carry out border transactions, and it is expected that by 2022 this sector will obtain more than 600,000 million dollars.

The adoption of digital skills and education will be vital for businesses to successfully enter the world of eCommerce and having a business partner is the key.

At DICEX, we know how to achieve this with our comprehensive logistics and eCommerce services.

Source: Expansión, Forbes y Marketing 4 eCommerce.