President Obama announced the National Export Initiative (NEI) http://www.export.gov/nei two years ago, with the goal of doubling exports by 2014. We’re off to a great start. U.S. exports are up 37% globally and up 53% to Mexico in the past two years. The U.S. Embassy in Mexico is committed to supporting U.S. companies to start exporting or grow their exports to Mexico. In this section, you’ll find a quick description of Mexico as an export market and some suggestions for getting started.
Begin your research:
- Visit the export.gov page on Mexico to get an overview of economic conditions and opportunities. (http://www.export.gov/mexico)
- Access the U.S. Commercial Service Market Research Library containing more than 100,000 industry and country-specific market reports, authored by our specialists working in overseas posts. The library includes the 2012 Mexico Country Commercial Guide which provides detailed information on the Mexican market, top sectors for U.S. exports, and other business intelligence: http://www.buyusainfo.net/docs/x_5046151.pdf)
Contact the Mexico Business Information Center and a Specialist will get in touch with you for one-on-one counseling:
Here are some facts to consider about doing business in Mexico.
- The North American Free Trade Agreement (NAFTA) created a free trade zone for Mexico, Canada, and the US, is the most important feature in the U.S.-Mexico bilateral commercial relationship.
- Mexico is the United States’ 3rd largest trade partner and 2nd largest export market for U.S. products.
- U.S-Mexico bilateral trade increased from $88 billion in 1993, the year prior to the implementation of NAFTA, to $460 billion in 2011, an increase of 423 percent.
- With a shared Western and Hispanic culture U.S. producers find it easier to market and sell their services and products in Mexico.
- There is a large installed base of manufacturing in a wide range of sectors.