Mexico in the 2024 export Ranking Mexico reached the ninth position in the global export ranking during 2024, with a total value of 617 billion dollars, equivalent to 2.5% of world trade, according to recent Commodity Trading data on global goods flow. International trade recorded a total volume of 24.43 trillion dollars in the year,… Continue reading Mexico becomes top 9 largest world exporter
MEXICO CITY (Reuters) — Brazilian Vice President Geraldo Alckmin said on Thursday that Brazil and Mexico plan to sign complementary trade deals in August of next year, following a meeting with Mexican President Claudia Sheinbaum. Authorities signed preliminary agreements in agriculture, health, and biofuels. Alckmin told a press conference in Mexico City that Brazil is… Continue reading Brazil will update sector trade deals with Mexico
Global vehicle production reached 92.5 million units in 2024, according to data from the International Organization of Motor Vehicle Manufacturers (OICA). In this context, Mexico reaffirmed its role as a global automotive powerhouse, ranking fifth worldwide with 4.2 million units manufactured, surpassing countries like South Korea and Brazil, and trailing only China, the United States,… Continue reading Mexico the TOP 5 car manufacturer in the world
The Mexican government issued a decree on August 28, 2025, published in the Diario Oficial de la Federación (DOF), amending the Decree for the Promotion of the Manufacturing, Maquiladora, and Export Services Industry (IMMEX). The primary change expands Annex I to prohibit temporary imports under the IMMEX program for certain goods that have been harming… Continue reading Mexico IMMEX update: Temporary Import Limit
In recent years, the global tire industry landscape has undergone unprecedented changes. China’s tire industry continues to expand its international influence, while Mexico, leveraging its geographical advantages and market demand, has become a crucial strategic stronghold for Chinese tire companies’ overseas expansion. The cooperation between China and Mexico in the tire industry has continuously strengthened,… Continue reading Chinese tire makers accelerate push into Mexico
MG Motor, owned by China’s SAIC, confirmed it will move forward with its plan to build a new vehicle manufacturing plant in Mexico, committing US$1.05 billion to the project despite global tariff uncertainties. The facility, which will be built from the ground up rather than through the acquisition of existing infrastructure, will have an annual… Continue reading MG Motor to invest US$1.05B in Mexico plant
China Taiwanese technology company Hon Hai, known globally as Foxconn, has announced a US $168 million investment in Mexico as it expands production of its servers for artificial intelligence. According to the China Taiwanese newspaper United Daily News, Foxconn’s investment in the country aims to meet demand by increasing Foxconn Industrial Internet’s (FII) production capacity… Continue reading Foxconn invests $168M in Mexico
With 295,292 vehicles handled so far in 2025—a 22.6% increase compared to the same period last year—the port of Lázaro Cárdenas has reinforced its position as Mexico’s primary entry point for Asian vehicles, particularly from China. By contrast, Manzanillo, once considered an emerging alternative for automotive imports, reported no vehicle movement this year, down from… Continue reading Lázaro Cárdenas Port fosters trade China and Mexico
Recently, a batch of buses equipped with China Yuchai natural gas engines was successfully delivered to Nuevo León, Mexico, providing stable and reliable power support for the upgrade of the local public transportation system. This delivery is part of the first batch from an order of 600 natural gas buses secured by Yuchai… Continue reading China Yuchai delivers first 600 buses to Mexico
Foreign Direct Investment (FDI) in Mexico maintains a record performance in 2025. During the first quarter, inflows reached 21,373 million current dollars, an annual growth of 5.4 percent and the highest amount on record for this period. Subsequently, in the second quarter, the country registered another historical maximum by adding 34,265 million dollars, consolidating Mexico… Continue reading Mexico records high FDI 1H 2025
