Accessing International Markets - Mexico
August 30, 2023
Join VEDP's International Trade team to learn about accessing Mexico!
Mexico is third among Virginia export destinations with exports in 2021 equal to USD 913 million. Mexican companies, government agencies, and entire industries are deeply familiar with and receptive to U.S. products and services. U.S. producers often find it straightforward to market and sell their services and products in Mexico. The market continues to benefit from the agreement to modernize NAFTA into the USMCA, as well as from its proximity to the United States, and its modern port infrastructure. Mexico is the 16th largest economy in the world, and recent economic reforms have liberalized key sectors such as energy and telecommunications, creating market opportunities for U.S. companies. Close cultural, social, and economic ties make Mexico a natural market to consider for first-time and expanding exporters.
Top opportunities for Virginia exporters to Mexico include:
- Environmental Technologies
- Internet and IT
- Safety and Security
- Smart Grid
We have partnered with Neighbors International Business Group to learn more.