Information about Mexico

 
 
 

European products in Mexico

Products manufactured in the European Union are subject to preferential treatment on importation. This product can be imported at a tariff of 0%, which increases the incentive of its acquisition. The 28 countries of the EU exported a total value of more than 44.5 billion USD to Mexico in 2014. The imported products range from animals and their byproducts, to art and design objects, to couture dresses and chemicals. However, 35% of all EU imports to Mexico in 2014 were machines, mechanical and / or electrical devices and their parts (represented in subcategories 84 and 85 of the Harmonized Code). Overall, there are more than $ 16 billion for these items. Mexico is a country that needs to import technologies and machinery to entertain and promote its various industries. More than 82% of the $ 397.5 billion US exports to the world in 2014 were finished products.

Mexico, a privileged country

Mexico is the only country that has free trade agreements with the European Union and the countries of North America, which in turn positions it as a link between the world’s largest economic and trading blocks. The sum of the GDP of these 31 nations amounted to 49% of global GDP in 2013 and 31% of total foreign trade.

Mexico, gateway to the American continent

Both Mexico and the free trade agreement Mexico – USA – Canada NAFTA give our customers the opportunity to expand into the markets of North America. In addition, the language and free trade agreements that Mexico shares with the Latin American countries have potential presences for the products of our customers in more than 18 Spanish-speaking countries.

Mexico’s free trade agreements

Thanks to different trade agreements with countries from three continents, Mexico represents a kind of gateway to a potential market of more than 1,000,000,000 consumers and 60% of the global PIB.

  • 10 free trade agreements with 45 countries
  • 30 Rules for the Promotion and Mutual Protection of Investments
  • 9 limited regulations (Economic complementarity and partial applications – Latin American Integration Association (ALADI)

Territory

  • 1, 972,550 km²
  • belongs geographically to North America
  • 14th largest country
  • Three different time zones: -6, -7 and -8 to Greenwich

Bevölkerung

  • Inhabitants: 120,265,077 (2014)
  • Average age: 26 years 51.6% F – 48.4% M
  • Population in urban areas: 77.8% is from 2500 inhabitants
  • Urban areas: 30 with at least 500,000 inhabitants
  • Average Family: 4 members (father, mother, 2 children)

Important cities

  • Mexico City: 28 million inhabitants – Center
  • Monterrey and Metropolregion: 5.1 million inhabitants – north
  • Guadalajara and Metropolregion: 7.5 million inhabitants – West

Economy

  • Currency: Mexican Peso $ MX
  • Exchange rate: fluctuating
  • Position of real gross domestic product: 14th place worldwide (IMF 2013)
  • Growth of the nominal PIB 2013: 2.1% Primary sector: 3.8% Secondary sector: 35.7% Tertiary sector: 62.2% Average annual growth rate (2004-2014): 2.5%
  • Contribution of small and medium-sized enterprises to GDP: 50% of GDP (INEGI)
  • Economy of households: More than 6 million households (father, mother and two children) with an income of more than 2,800 € per month (2012)
  • Mexican upper class: 3.4 million people with an income of more than € 2,600 a month (2012)

Logistic infrastructure

  • Streets: 374,262 km. asphalted: 137.580 km. two-lane: 125,000 km. with 4 or more lanes: 16,000 km.
  • Sea ports: 117 International: 64 The ports of Manzanillo and Lázaro Cárdenas on the Pacific and Veracruz and Altamira on the Gulf of Mexico bring more than 95% of the container freight in the ports of Mexico. (SCT)
  • Airports: 76 International: 64
  • Railways: 26,700 km.
  • Border crossings: 63 with the USA: 54 with Guatemala: 8 with Belice: 1
  • Internet users 37.619.547 users

Mexico Global

  • Free trade agreements: 12 with 45 countries NAFTA (Canada and USA) MEFTA (European Union) EFTA (Iceland, Liechtenstein, Norway and Switzerland) Japan Central and South America
  • Organizations to which Mexico belongs: – World Trade Organization (WTO) – International Monetary Fund (IMF) – G-20 – Asia-Pacific Economic Cooperation (APEC) – Latin American Integration Association (ALADI) – Organization for Economic Cooperation and Development (OECD) +