News of Interest
U.S. - Mexico Trade Relations
In the last 20 years, two-way trade in goods between Mexico and the United States increased dramatically from $81.4 billion in 1993 to over $506.6 billion in 2013. Mexico has remained the United States' second largest export market since 1995, with a total value of $226.2 billion in 2013. Top export categories from the U.S. to Mexico included computer and electronic products, transportation equipment, chemicals, and non-electrical machinery. (U.S. Department of Commerce)
California - Mexico Trade Relations
Mexico continues to be California's number one export market, purchasing 14.2 percent of all California exports. California exports to Mexico amounted to nearly $24 billion in 2013. Computers and electronic products remained California's largest exports, accounting for 21.1 percent of all California exports to Mexico. Exports of transportation equipment and machinery from California to Mexico grew to total almost $4.7 billion; with petroleum and chemicals continuing to be strong export sectors as well. (U.S. Department of Commerce)
Foreign Direct Investment
According to the most recent figures, the U.S. invested over $101 billion into Mexico, while Mexican investment in the U.S. reached nearly $15 billion.(Bureau of Economic Analysis)
Calendar of Trade Shows and Trade Missions of Interest
Trade and investment mission to Mexico this July led by the Governor and organized by the California Chamber of Commerce. July 27-July 30, 2014
This summer, Governor Edmund G. Brown Jr. will lead an historic trade and investment mission to Mexico. Along with senior members of his administration, Governor Brown will travel to Mexico City from Sunday, July 27th to Wednesday, July 30th, to build on the momentum initiated last year in China – expanding our focus to California's neighbor and largest export market. More information is available at http://www.calchamber.com/July2014MexicoMission.
DISCOVER GLOBAL MARKETS: THE AMERICAS. October 29-31, 2014. Charlotte, North Carolina
Join the U.S. Commercial Service and the North Carolina District Export Council for DISCOVER GLOBAL MARKETS: The Americas, the premier international business conference for U.S. executives to explore new market development strategies in the Americas and the ONLY opportunity in 2014 to reach all of the Western Hemisphere Commercial Officers in one place in the U.S. http://export.gov/northcarolina/discovertheamericas/
The U.S. Commercial Service in Mexico is committed to advancing the goals of the National Export Initiative, which aims to create more and better paying jobs and enhance the U.S. economic recovery through the doubling of U.S. exports in five years. U.S.-manufactured products enjoy duty free import benefits under the North American Free Trade Agreement giving U.S. businesses a quality versus cost advantage over other foreign manufacturers. Not sure where to start? Contact our Mexico Business Information Center at MexicoBIC@trade.gov
EXPO PACK Mexico 2014 JUNE 17-20. Centro Banamex, Mexico City
This Trade Fair will showcase the latest solutions in packaging and processing machinery, materials, containers, and other related goods and services. EXPO PACK Mexico offers direct access to the packaging and processing industries in Latin America attracting buyers from throughout the region. Targeted solutions for leading industries at EXPO PACK Mexico 2014: Food and Beverage Processing Solutions; Pharmaceutical Industry Solutions, Cosmetics and Personal Care Solutions and Containers and Material Solutions.
PAACE Automechanika 2014 JULY 16-18. Mexico City
The U.S. Commercial Service in Mexico City cordially invites you to be part of the U.S. Pavilion at Paace Automechanika 2014. PAACE Automechanika Mexico is the leading automotive trade show in Mexico and Central America. Held annually in Mexico City, the event draws thousands of attendees in the automotive industry. Product group's showcases at PAACE include parts & systems, accessories & tuning, repair & maintenance, IT & management, service station and car wash. Paace Automechanika has become a growing platform for automotive business in the Mexican and Central American markets.
Green Expo 2014 SEPTEMBER 24–26. Mexico City
The 22nd presentation of THE GREEN Expo, being held in 2014, is becoming the most important event for the environmental, energy, water and sustainable cities sectors as it brings together national and international companies offering solutions and cutting-edge technology to save energy and increase revenue while promoting a sustainable future.
Plastimagen 2014 NOVEMBER 18–21. Centro Banamex, Mexico City
The U.S. Commercial Service Mexico City cordially invites you to be part of the U.S. Pavilion at Plastimagen 2014 and get market exposure to grow your business. Now entering its 19th edition, Plastimagen is Mexico's largest plastic industry event and it is recognized internationally as the most comprehensive plastics machinery, equipment and materials trade show in Mexico.