Mexican Competitive Advantages

The Subject “Mexican Competitive Advantages” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: American Business, World Trade.

Mexican Economy, Carlos Slim, FDI in Mexico...

Languages: or México Ventajas Mexique Mexico.

Mexican Competitive Advantages.

1. Mexico occupies the second worldwide position, by the number of Agreements in force. Mexico has signed ten Free Trade Agreements and several Economic Partnership Agreement (EPA)
2. Mexico is a member of the US-Mexico-Canada Agreement(Mexico, the U.S., Canada). These three countries are also members of the APEC
3. Mexico is the second largest foreign direct investment recipient in Latin America
4. Mexico offers important savings in labour force costs compared to other potential foreign direct investment locations
5. Business with productive activities in the U.S. could benefit with an 11.5% tax rate reduction by moving to Mexico
6. In Mexico, an investor needs only six procedures to incorporate a company
7. For export products from Mexico, only five procedural documents are required. This gives to Mexico an advantage over countries like Brazil, China, and India where are required more documents
8. Regarding the Macroeconomics stability, Mexico ranks in the twenty-eight place (out of 139 countries, World Economic Forum Global Competitiveness Report)
9. Mexico is situated between the main global consumer markets
10. Mexico shares a border with the U.S. (3,000 kilometers); has quick access to the European market through the Atlantic Ocean and the Asian markets through the Pacific Ocean
11. Mexico has many natural resources that favor the development of a vast number of production activities, including those related to renewable energy generation
12. Mexico has a long tradition of mining production, which plays a significant position in the economic activity of Mexico, especially in the industrial sector. Mexico is globally renewed for its mineral production, particularly silver, copper, bismuth, arsenic, lead, and zinc

ProMexico is the Mexican Government institution in charge of strengthening the Mexican participation in the international economy.

Ranking of Easy of Doing Business of the Mexican States.

Source: Doing Business -World Bank

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