Competitive Advantage of Mexico in the global Market

Course summary Competitive Advantage of Mexico:

Mexico occupies the second position worldwide, according to the number of Free Trade Agreements (FTA) that holds. It has signed 10 Free Trade Agreements and an Economic Partnership Agreement (EPA), gaining preferential access to the markets of 43 countries.

Mexico is member of NAFTA with the United States and Canada. Furthermore, these three countries are also part of APEC.

Mexico is the second largest recipient of FDI in Latin America.

Mexico offers significant savings in labor force costs compared to other potential investment locations in America, Europe or Asia.

Companies with productive activities in the US could benefit with a 11.5% tax rate reduction by transferring operations to Mexico.

In Mexico, an investor needs only 6 procedures in order to open a company. This number is significantly lower than in India, China or Brazil. To export from Mexico, only 5 procedural documents are needed. This gives Mexico an advantage over countries like Brazil, China and India where more documents are required.

According to the World Economic Forum (WEF) Global Competitiveness Report 2010-2011, in terms of the Macroeconomic Stability Subindex , Mexico is ranked in place 28 out of 139 countries, remaining in the same position as in the 2009-2010 Report.

Between 2009 and 2012, Mexico's real exchange rate will remain virtually balanced to the US dollar and the euro.

Strategic location: Mexico is located in between the main global consumer markets. It shares a border with the United States of more than 3,000 km; has quick access to the European market through the Atlantic Ocean and to the Asian market through the Pacific Ocean.

Example of the course: Competitive Advantage of Mexico:

Mexico has many natural resources that favor the development of a large number of production activities, including those related to renewable energy generation.

Mexico has a long tradition of mining production which plays an important role in the country's economic activity, namely in the industrial sector. Mexico is globally renewed for its mineral production, particularly silver, copper, bismuth, arsenic, lead and zinc.

Ranking Easy of Doing Business of Mexican States

Source: Doing Business del Banco Mundial

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

 Educational level: Continuing education / Executive education programs.