Mexico

Canadian companies looking to grow may want to consider the mounting optimism surrounding Mexico’s economy. The country is already our fifth-largest trade partner, and we expect greater opportunities in coming years.

Reaching out for business opportunities in Mexico

Many of the documented insights in our report come from observing three local companies currently doing business in Mexico. We’ve identified a total of 14 Canadian industries that are likely to benefit from a favourable export climate. Here’s what else you’ll uncover upon closer examination:

  • Why is Canadian manufacturing more important than ever to Mexico?
  • What competitive advantages can your company leverage in that market?
  • Why is there an increase in demand for Canadian goods?
  • What are the challenges involved and how can you best mitigate risks?

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Mexico

Trade between Canada and Mexico has more than quintupled in the 20 years since NAFTA became law. That surge created extraordinary opportunities for Canadian companies that occupied the “sweet spots" in Mexico, industries where what was possible in global trade overlapped with what had become legal.

Now, the stage is being set for a second surge of Canadian-Mexican business opportunities.

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In this article, we look at how Canadian companies can evaluate their chances for success in Mexico and what it will take to prosper there in the future.

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We dive deeply into some of the industry segments that have proven to be "sweet spots" over the past 20 years and look at some emerging ones as well.

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