Why should I export to Mexico?

American companies have a wide range of opportunities available to them to sell their products and services outside the country. But honestly, one of the most appreciated and beneficial of those countries is Mexico.

Mexico represents one of the most dynamic markets in the world for US products, and although its geographical proximity and the existence of the great trade agreement that Mexico and the United States, along with Canada, are part of, there are other reasons to export to Mexico. It is one of the best decisions you can make, thinking about the future of your company:

• Economic potential: Mexico is the fifteenth largest economy in the world and has enormous potential for further growth, since the average age of its population is 28 years.

• Diversity: Most of the products and services originating in the United States have ample opportunities for demand and acceptance in the Mexican market, largely due to the sociocultural ties that unite both countries. However, Mexico is also a bridge country to enter other Latin American markets. Mexico is the second largest economy in Latin America, characterized by its links to trade and investment relations with the United States, which can serve as a model to arouse the interest of other countries.

• History: In 2018, Mexico was positioned as the third largest trading partner of the United States, only behind Canada and China, and was also the second largest export market. These figures have come to consolidate relations between both countries, since bidirectional trade represented 678 billion dollars generated in activities that directly and indirectly support millions of jobs in the United States. The main exports of US products are electronic goods, automobiles, fuels, minerals, plastics, and machinery. In addition, Mexico is the second largest agricultural export market for the United States. 

Both countries have more than 144 billion dollars in bilateral and reciprocal foreign direct

investment. Over the past 20 years, their supply chains have become increasingly integrated.

With the signing of the United States-Mexico-Canada Agreement (USMCA) on November 30,

2018, the interests of the three parties involved in the agricultural, livestock, industrial and

business sectors benefit, since this new treaty came to modernize and balance trade relations

that were becoming obsolete with the old NAFTA, particularly in the aspects of labor protection,

environmental and investment provisions.

In essence, the involvement of Mexico in this agreement represents for US exporters that the

Mexican market is one of the most open and competitive in the world, so there is no time to lose

in exploring the expansion possibilities that the Spanish-speaking nation most populated in the

world offers your company.

More information in storage in Mexico