{"id":102927,"date":"2024-03-06T15:54:29","date_gmt":"2024-03-06T15:54:29","guid":{"rendered":"https:\/\/octagona.com\/?p=102927"},"modified":"2025-05-29T17:43:55","modified_gmt":"2025-05-29T17:43:55","slug":"sell-abroad-mexico","status":"publish","type":"post","link":"https:\/\/octagona.com\/en\/vendere-estero-messico\/","title":{"rendered":"Selling abroad: discover the opportunities in Mexico"},"content":{"rendered":"

Mexico represents, along with Brazil, the main destination market for Italian companies that want to <\/span>sell abroad<\/a>, with special focus <\/span>Latin America.\u00a0<\/span><\/p>\n

Currently, these two countries offer the most attractive demand prospects in the Latam region.\u00a0<\/span><\/p>\n

Dwelling on Mexico, the reasons for this trend stem from GDP growth and manufacturing activity, along with inflation control, as indicated by the\u2019IMF<\/a> In his report last October.<\/span><\/p>\n

The strengthening of its international position is also due to the recent phenomenon of nearshoring, which is providing the nation with important development opportunities.\u00a0<\/span><\/p>\n

Also noteworthy is the increase in foreign investment in the country: it reached $35 billion in 2022, returning to pre-pandemic levels in 2019. A figure that differs from the global trend, characterized in the same period by a 12% decline in investment flows, influenced by multiple crises worldwide, including the war in Ukraine, inflationary pressures, the risk of recession, and the debt burden of the world's major economies.\u00a0<\/span><\/p>\n

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Italian exports to Mexico, the prospects of a growing market<\/span><\/h2>\n

With a population of 130 million, Mexico is the second largest country in Latin America in both population and economic size.\u00a0<\/span><\/p>\n

By virtue of its strategic geographic location and the many free trade agreements in place (such as the USMCA with the United States and Canada), the country represents an advantageous market for many Italian companies that decide to <\/span>sell abroad<\/span>.<\/span><\/p>\n

In particular, exports to the nation are also favored by the\u2019agreement<\/a> of Economic Association, Political Consultation and Cooperation between the European Union and Mexico, which in addition to promoting tariff-free trade between the two sides, offers protection for European products, facilities for financial services and facilitates participation in tenders.<\/span><\/p>\n

Thank you <\/span> to these factors, Italian merchandise exports to Mexico have grown significantly over the past decade.<\/span><\/p>\n

In 2022, with an all-time record of 5.5 billion euros in exported goods, Mexico again became the leading destination of the\u2019<\/span>Italian export<\/span><\/a> in Latin America, an increase of 44.2% over the previous year.<\/span><\/p>\n

At the sector level, the main products exported from Italy to Mexico include machinery, metallurgical, chemical and plastic products, and electrical appliances, accounting for 80% of the total. The remaining 20% includes products such as clothing, jewelry, furniture and food products, whose demand is supported by economic growth and the rise of Mexico's middle class.\u00a0<\/span><\/p>\n

In detail, here is the commodity composition of Italian exports to the country:<\/span><\/p>\n