Export

6.5% more agri-food exports
Agri-food exports surpassed the US$23.66 billion record from January through October 2016, equivalent to a 6.5% annual rate increase, informed the Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA). Agro-industry exports had reached US$11.8 billion by the month of Ma...
75% of Mexican exports to the U.S. are materials for production
Mexico's Ministry of Economy declared that 80% of Mexico's commercial volume with the U.S. is concentrated in intermediate products (56%) and capital goods (24%). 75% of Mexico's exports are materials for production processes in the U.S. Mexico's exports to the U.S. during 2016 were valued at nearly...
Aerospace industry exports to grow 10% in 2017, FEMIA estimates
The Mexican Federation of the Aerospace Industry (FEMIA) announced that growth rates of 10% are expected for this industry's exports during 2017, as a national program to develop Tier 2 and 3 suppliers for this sector is currently in the works. For this reason, a survey to detect companies that ha...
Agri-food exports to Japan grew 5.9%
Agri-food exports to Japan recorded growth rates of 5.99% during the third trimester of 2016, indicated the Mexican Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA). This percentage represents US$778 million. In addition, there was a US$769.7 million surplus balanc...
Agri-Products driving exports
The Mexican agri-sector is maintaining its dynamism thanks to the most valued products in 170 countries where Mexico exports: tomato, avocado, chili and pepper, berries, almonds, nuts and pistachio, that reached a commercial value of US$7 billion during 2016. According to the Ministry of Agriculture...
Asia exports accelerating
Mexico skyrocketed its product exports to Asia after Trump's victory, making this a primary indicator of where companies might aim to diversify foreign sales. Mexico increased its Asia exports by 36.8% during November, as it is the most dynamic destination of this indicator among the five continents...
Automotive sector to exceed US$50 billion
The Mexican Association of the Automotive Industry (AMIA) estimated that the automotive sector will record a commercial balance worth over US$50 billion by the end of 2016, which means that this industry is maintaining itself as an important income generator and engine for the internal economy. Edua...
Baja California - California relation strengthens both economies
From July to September 2016, Baja California had economic growth rates of 4%. Carlo Bonfante Olache, Secretary of Economic Development, informed that the State is showing strength in connection to its economic and social development and its relation with California, a State with whom great commercia...
Baja California looking for Italian investment
Francisco Vega de Lamadrid, Baja California Governor, went on a work tour to hold meetings with Italian entrepreneurs, looking to integrate Italy as one of the main countries from the European Union to invest in the State. During this reunion, Francisco Vega reasserted that Baja California is an exp...
Boosting the medical device industry
The Federal Commission for Protection against Health Risks (COFEPRIS), underscored that this sector is a propeller for the economy, since Mexico is the largest exporter of medical devices in Latin America, with production of over US$15 billion. According to Julio Sanchez, Federal Commissionaire of C...
Caintra plans to diversify Nuevo Leon exports
The Chamber of the Transformation Industry (CAINTRA), revealed that 44% of industrial leaders in Nuevo Leon are planning to diversify their exports to Europe, Asia or South America this year, while 24.1% are looking to re-direct their sales toward the internal market. Besides, 32.6% of entrepreneurs...
Canada could increase Bajio investment
The Bajio delegation of the Canadian Chamber of Commerce in Mexico (CanCham), ruled out a possible exit of Canadian capital funds from Mexico. On the contrary, the changes expected in the commercial relation between Mexico and the U.S., creates the opportunity of increasing the participation of Cana...
Colombia Bridge in Nuevo Leon increases the crossing demand
In the face of the damage suffered by the International Bridge III in Nuevo Laredo, Tamaulipas, last May, Colombia Bridge showcased its capacity to serve 70% more importation and exportation customs operations, thus generating greater crossing demand, affirmed Hugo Gonzalez, director of the Corporat...
Commerce between Mexico and the U.S. grew 6.2%
Commercial exchange between the U.S. and Mexico escalated to US$43 billion during the month of January, that is a 6.2% upgrade, compared to January 2016, according to a report by the Department of Commerce (DOC). This increase is due, in part, to the 40% increase in Mexico's oil revenue from the U.S...
Commercial agreement between Brazil and Mexico, ready for 2018
Mexico and Brazil might finalize the update to the 53 Agreement of Economic Complementarity (AC 53) in early 2018, as part of the strategy of both economies to tighten commercial bonds. Abrao Miguel Arabe Neto, Foreign Commerce Secretary of the Ministry of Industry, Foreign Commerce and Service in B...
DICEX Wins National Export Prize 2016
Mexican firm DICEX received the highest award to foreign commerce in Mexico. This award is granted to different companies, institutions and organizations operating in Mexico which contribute to increase and diversify Mexican foreign sales of merchandise and services. With 28 years of experience in c...
Exportation from Mexico to Canada up by 30%
Mexican exports to Canada increased by 30.3% in May, shifting from US$1.84 billion in January to US$2.4 billion in May, primarily due to sales of machinery, mechanic devices, electric equipment, audio recorders and players. According to the official organ of Statistic in Canada, commercial balance i...
Exports by IMMEX Companies in Nuevo Leon growing 44.5%
According to statistics by the National Council of the Maquiladora and Export Manufacturing Industry (INDEX) in Nuevo Leon, during April this year, companies of the Export Manufacturing, Maquiladora and Service Industry (IMMEX), had total exports valued at US$36.79 billion, this surpasses the record...
Exports from Mexico to Canada total US$1.41 billion
The Mexico-Canada commercial balance stayed favorable for Mexico in January 2017 with US$1.41 billion, as products' exports peaked at US$1.84 billion, while imports from Canada totaled US$430 million, according to a report by Canada Statistics. The main products Mexico exports to Canada, are machine...
Exports of Mexican services rebounding towards China and the U.S.
China will become one of the main commercial partners for Mexico in the long term, as it has established itself as an important destination for exports from Mexican providers. Services exports have doubled since 2011 and they now represent nearly 5% of total exports. According to the Mexico-Perspect...

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