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Mexicom Logistics Newsletter
Dear clients, suppliers and business partners:
We're thrilled to bring you our sixth edition of this newsletter. The goal of this newsletter is to provide you with quick, useful information for your business in Mexico.
As a company, we value your opinion and we encourage you to contact us in case you have questions or comments through:
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The participation of Mexican exporting SMEs is ephemeral and with a high mortality rate.
Despite the country's export success, there  are fewer companies that export, and the bulk of foreign sales are concentrated in a few firms, according to data from the Ministry of Economy (SE) and the opinion of experts.
In Mexico there are 35,600 exporting firms, but 50 % of foreign sales are concentrated in 44 large companies.Of these, the largest is Petroleos Mexicanos (Pemex), followed by companies in the automotive and electrical and electronic sectors, mining and personal items.
Unfortunately, the participation of small and medium enterprises (SMEs) is sometimes ephemeral, with a high mortality rate.
In 2000 there were 37,745 companies and in 2012 were 35,000, said Arnulfo Gomez, a researcher at the Anahuac University, who explained that smaller units suffer operating costs for gasoline increases, security and bureaucracy, among many other things.
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Audi opens plant in Mexico,
aims to grow exports
SAN JOSE CHIAPA - The car industry's growing love affair with Mexico was celebrated there on Saturday as Audi executives laid the foundation stone for its first assembly plant in the Americas.
Volkswagen's premium brand is joining a parade of vehicle makers which have announced plans to build cars in a country that is seen as a doorway not only to the rest of North America and South America but to the world.
Source: Bdlive Photo: Reuters |
MEXICAN FOREIGN TRADE
In this section you will find information of the indicators which summarize Mexico's foreign trade operations by main countries, Agreements and Treaties, and by tariff codes.
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Production and export of cars from Mexico to USA grows in April
Automobile production in Mexico grew by 15.6% in April by a favourable calendar effect, while exports rose 2.8% on higher shipments to the U.S., its largest market.
In the first third of the year, the Mexican industry produced 966.337 new cars, up 5%, while exports declined by 2.3% to 743.923 units.
Sales to the United States, the destination of 65% of the Mexican automotive exports, rose in April by 3.8% to 119,923 units. In the first four months of the year, the northern neighbour sales rose 3.9%.
Go to the article: El Financiero
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Mexican consumer confidence rises for the first time in four months
The indicator scored 97.7 points in April, monthly rise of 1.42%. The consumer 's confidence index in Mexico rose in April for the first time in 4 months, driven by the expectation of an improvement in the economic situation for the next year, said on Monday the National Statistics Institute.
Four of the five components of the indicator rose, highlighting the 3.99% that captures consumer's perception about the economic condition of the country in the next 12 months compared to the current situation. However, the perception of the respondents on the economic situation of household members in the next year decreased by 1.54%.
The Mexican economy, the second largest in Latin America, has begun to lose force since late last year, influenced by the economic situation of the United States, its main business partner.The government expects that local economy grow this year by 3.5%, down from the 3.9% expansion recorded last year.
Go to the article: El Financiero
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