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Mexico
EDC's Position
Page Content - Key EDC Market
- Actively pursuing business
- Open under all programs, subject to regular approval criteria
Nominal GDP | 1,143.70 Billion USD | Population | 127.02 Million | Total Trade/GDP | 72.75% | Currency | Mexican Peso (MXN) | Merchandise Imports from Canada | 6,591.95 Million CAD | Canadian direct investment | 14,816 Million CAD | Main imports | Intermediate, Capital and Consumer Goods | Canadian companies assisted | 773 | International buyers insured | 1,199 | Business volume | 3,225.46 Million CAD |
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Page Content Center Right Business Environment
Mexico’s growing consumer class and favorable labour demographics make it a rich source of opportunities for Canadian businesses. Given Mexico’s commitment to free trade, Canadian investors and exporters can gain immediate access to over 45 markets across the world given the many trade agreements Mexico has signed. Since the beginning of the North American Free Trade Agreement (NAFTA) in 1994, bilateral trade between Canada and Mexico has more than quadrupled reaching almost CAD37.7B in 2015. Furthermore, under its current government led by president Peña Nieto, Mexico has introduced major reforms with the ultimate goal of increasing competitiveness and economic growth. The government expects these reforms, most notably on energy, to have a positive impact on trade and investment in the country in the medium and long term. The reforms have opened access to transmission and distribution systems to private power producers and have also permitted private investment in the oil and gas sector through public auctions of exploration and development rights.
Key Industries
- Aerospace
- Automotive & Heavy Truck
- Construction & Infrastructure
- Mining & Metals
- Oil and Gas
- Plastics and Chemicals
- Power
- Telecom
How we can support your business
Through our representations in Mexico City and Monterrey, we provide on-the-ground support to Canadian companies planning on or currently doing business in Mexico. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.
- We are well positioned to help Canadian companies through a range of financing and risk management services.
- Learn more about our service offering.
Consult our interactive Country Risk Quarterly report.
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Company
Aeroservicios Especializados S.A. de C.V.
America Movil S.A.B de C.V.
Bio Pappel, S.A.B. de C.V.
Cemex, S.A.B. de C.V.
Comision Federal de Electricidad
Cotemar S.A. de C.V.
Grupo Senda Autotransporte, S.A. de C.V.
Metalsa, S.A. de C.V.
Mexico Proyectos y Desarrollos SA de CV
Navistar Financial Corporation Nemak, S.A.B. de C.V. NR Finance México, S.A. de C.V., SOFOM E.R.
P.M.I. TRADING LIMITED
Petróleos Mexicanos
Tenedora de Cines, S.A. de C.V.
Ternium México, S.A. de C.V.
Valores Quimicos, S.A. de C.V. |
Industry/Sector
Aerospace
Telecom
Forestry (Lumber, Pulp & Paper)
Construction & Infrastructure
Construction & Infrastructure
Oil & Gas
Specialty Vehicle
Automotive and Heavy Truck
Mining & Metals
Automotive and Heavy Truck
Automotive and Heavy Truck Automotive and Heavy Truck Oil & Gas
Oil & Gas
Telecom
Mining & Metals
Mining & Metals |
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