Mexican Market Insights
Mexico is formed by 32 states and is the second largest country in Latin America, after Brazil, in terms of population and economy. Mexico ranks currently as the 15th largest economy in the world according to the World Bank and in the 2020 World Bank Ease of Doing Business study, it is ranked at 60 (which is the highest-ranked Latin American country). Mexico forms part of the OECD, G-20 group and G-5 group.
Doing Business in Mexico: Market Insights
Mexico is formed by 32 states and is the second largest country in Latin America, after Brazil, in terms of population and economy. Due to its free trade agreements and its privileged location with harbours on both the Pacific and Atlantic Oceans, a border spanning over 3,100 km with the largest economy in the world and close proximity to the rest of Latin America, Mexico has developed into an important manufacturing platform for the world. Mexican manufacturing plants are modern and large scale, requiring new and innovative production technologies, which are mainly imported.