Mexico's International Commerce is More Dynamic Than Ever Before

Mexico is now emerging as an economic player in the world’s economy. With a wider range of investments, imports and exports than ever before, Mexico’s economy and contribution to international commerce is impressive and diversified. Diversity is proven with the following statistics: Mexico is the world’s 12th largest economy and the 15th most significant country in the world in terms of international trade in goods.

It is the 17th most important country in the world in terms of it’s proven oil reserves and 35th largest in terms of its natural gas reserves. It is 8th in the world in tourism destinations. It is the third largest silver producer, producing 16% of the world’s silver. One out of every eight cars sold in the United States is made in Mexico.

Mexico has many strategic industries that export a variety of goods around the world. Commerce in Mexico, through exports, includes aerospace products, automobiles, automobile parts and medical, surgical, dental & veterinary instruments. Television sets and silver are among other exports. Other upcoming exports include computers, and telecommunication equipment. Imports include electrical machinery, electrical equipment, mineral fuels, oils, vehicles and plastics. Trade between the United States and Mexico has increased dramatically.

Between the years 1997 and 2007, commerce increased from $176.37 billion to $363.97 billion. That is a 7.5% a year increase. Mexico is third only to Canada and China in trade with the United States. Trade and commerce with the United States and Canada are preferential due to Mexico’s North American location. In fact, the government of Canada has named Mexico as a Global Commerce Strategy priority market.

Market opportunities include automobile and manufacturing, motor vehicles and parts, electrical machinery and electronic equipment. The modern Mexican economy has market potential in water treatment, solid waste management and renewable energy as well.

There are many reasons to invest in Mexico. The country’s growth of the political and economical environment makes it ideal for investment. Investments are ideal because the local currency is strong and unemployment is on the decrease. Investments come mainly from the United States and Spain and include real estate, tourism and an emerging mortgage market.

Other investments include construction and the re-location of businesses to Mexico due to its low property taxes, and free trade zones. Mexico’s economy is right for investment, trade and commerce both domestically and internationally.

For more related information see: Inversión extranjera