Why you should consider investing in the Mexican manufacturing industry
From the ever-present Volkswagen Beetle making its way through the streets of Mexico City to the latest BMW models coming off the assembly line, the automotive industry has long been a key component of the Mexican economy. In 2015, it accounted for 18% of the country’s manufacturing gross domestic product (GDP) and generated economic activity […]
The Aerospace industry in Mexico in 2019: An Overview
The aerospace industry in Mexico in 2019 continues to grow and is expected to be among the top 10 in the world by 2020. According to Luis Lizcano, Director General of the Mexican Federation of the Aerospace Industry (FEMIA), the aerospace industry in Mexico in 2019 is expected to export a total of approximately […]
Ciudad Juarez Advancing in Mexico Manufacturing
Ciudad Juarez is advancing in Mexico Manufacturing According to a recent World Investment Report of the United Nations Conference on Trade and Development (UNCTAD), Mexico is one of the top developing nations in which to invest and is advancing in Mexico manufacturing. In Ciudad Juarez, on January 2019 establishments licensed with IMMEX programs created […]
The Pros and Cons of Mexican Participation in the Trans Pacific Partnership (TPP)
Although Mexican participation in the Trans Pacific Partnership will help the country to diversify its export markets, there are potentially some negative aspects to the deal. The Mexican Senate was the first of eleven countries’ legislatures to ratify Mexican participation in the Trans Pacific Partnership, (TPP) free trade accord in April of 2018. The […]
Beyond North America: What other Mexican free trade agreements exist?
Recently, Mexico took an important step forward on the international trade stage with the finalization of a tri-lateral trade agreement. Under the United States, Mexico, and Canada (USMC) Accord it will continue to enjoy a duty-free trade relationship with its North American neighbors. Although this arrangement is an important one, there are other Mexican free […]
The New United States–Mexico Trade Agreement
Recently, Mexico and the United States have reached a new agreement that will supersede the North American Free Trade Agreement that has been in place for more than two decades. The new bi-lateral United States–Mexico Free Trade Agreement will hopefully include Canada in the coming days. This blog- will consider what the new United States–Mexico […]
Productivity of aerospace manufacturing in Mexico takes off
Over the last several decades, Mexico has managed to make itself one of the main manufacturing centers in North America. This is due to a number of comparative advantages that it has in its favor. These include a privileged geographic location, an open and pro-business economy, an important network of free trade agreements, macroeconomic stability, […]
Shelter Companies Simplify Manufacturing in Mexico
Shelter companies make the learning curve associated with manufacturing in Mexico a much shorter one. Manufacturing in Mexico may, at first glance, seem to be a daunting option for small to medium-sized firms. As is the case with operating in other foreign nations, manufacturing in Mexico brings with it many challenges and the need to […]
Mexican businessmen seek to minimize impact of US levies on aluminum and steel
Mexican businessmen and their US counterparts assert that consumers in both the Mexico and the United States will pay the price if the cost of aluminum and steel rise. Mexican businessmen and firms that depend on aluminum and steel strive to minimize the impact on their businesses of the tariffs that have been announced by […]
The US Strains Commercial Relations with Mexico by Imposing Tariffs on Steel and Aluminum
On May 31, 2018, United States Secretary of Commerce Wilbur Ross announced the levying of a twenty-five percent tariff on steel imported from Canada, the European Union and Mexico, as well as a ten percent tax on imports of aluminum from the same nations. This move strains commercial relations with Mexico, as well as with […]