EXPORTING SUCCESS – PACKED IN MEXICO
Despite the volatility in trade and the global challenges we are currently facing, Mexico has shown that in international business it is possible to turn challenges into opportunities, thus managing to increase its exports, attract new investments and strengthen its presence in key markets.
Our country has managed to put his two cents to a large part of the products that today are making their way around the world, from cars and household appliances to beer and avocados, foreign trade has become an engine of economic growth for Mexico and its figures do not lie.
Positioned as the 13th largest economy in the world, and the second largest in Latin America, Mexico managed to export 617.1 MDD in 2024, with the United States, Canada, Europe and Asia as its main destinations. Its exports are led by the manufacturing sector, especially in the automotive, electronics and agro industrial industries.
Its greatness is not only reflected in its export volumes, but also in the quality of its products, its constant innovation and its fundamental role in global value chains.
Mexico ranks ninth among the world's top destinations for Foreign Direct Investment. Its 21st position in the Foreign Investment Confidence Index makes us ask ourselves, what makes our country attractive for FDI?
With more than 3,000 km of border with the United States, it offers faster delivery times through land transportation routes that eliminate dependence on maritime transportation, especially in terms of delivery times. At the end of 2024, Mexico registered a historical record of FDI attraction, with $36,872 MDD.
The network of treaties and agreements with the rest of the world has consolidated as one of the main attractions for investment. Mexico currently has:
· 14 Free Trade Agreements with 52 countries
· 30 agreements for the Promotion and Reciprocal Protection of Investments with 31 countries or administrative regions.
· 9 agreements of limited scope
The nearshoring phenomenon has become an ally for the country's economic development. There are currently more than 464 active industrial parks distributed throughout the country, and 128 new parks are expected to be created by 2030. Thanks to these parks, more than 3.7 million jobs have been generated.
Concerned about constant innovation and seeking to be at the forefront,we have 50 R&D centers, promoting sectors such as semiconductors, cyber security, electromobility and energy transition.
Its human talent is another determining factor for those companies seeking to position their plants in our country. Mexico has a young and highly qualified human talent, especially in the fields of engineering, manufacturing and construction. It leads the OECD (Organization for Economic Cooperation and Development) in the number of technical education graduates, with more than 400,000 graduates per year.
The country is poised to continue developing as a world economic power, and foreign trade proves to be one of Mexico's greatest strengths, having a global presence, generating new jobs and opening new business opportunities forour community.