Free Trade Agreements
Mexico currently has free trade agreements with 44 countries in
three continents, more than almost any other country in the world.
Mexico is expected to continue expanding its network of agreements
to diversify its export markets and to attract Mexican and foreign
enterprises to invest and reap the benefits of joint production in
a strategic location.
EU-Mexico Free Trade Agreement
The EU-Mexico Free Trade Agreement allows British industrial
goods and other qualifying exports to enter Mexico, tariff free.
This agreement also guarantees access to public tender offers in
Mexico for EU companies.
North American Free Trade Agreement
NAFTA is the free trade agreement between Canada, Mexico and
the United States of America.
Since the advent of the EU-Mexico free trade agreement, British
manufacturers have been able to export industrial goods to Mexico
on equal terms to those enjoyed by American and Canadian exporters,
as they do not pay Mexican import duties. NAFTA may also present
advantages for British companies, particularly in the absence of a
free trade agreement between the EU and the United States. By
establishing themselves in Mexico, British companies can use Mexico
as a low-cost manufacturing base with direct, duty-free access to
the largest consumer market in the world, the United States.
NAFTA has led to the creation of numerous manufacturing
operations based in Mexico that are able to supply the USA and
Canadian markets. Excellent export opportunities exist for British
tier two and tier three manufacturers who already supply similar
operations in Europe to supply these operations in Mexico.
With a population of 112 million people, including a large and
growing middle class, Mexico is a significant potential consumer
market. It is the UK's second largest export market in Latin
America after Brazil and it is the number one receptor of Foreign
Direct Investment in Latin America. In fact, the UK is one of the
largest investors in Mexico and demand for UK goods and services
extends across the economy from sectors as diverse as education and
infrastructure to food and drink.
The Mexican Government is actively working to reduce bureaucracy
and improve competitiveness, and is driving forward reforms to
attract new investment and diversify trade and many of the
potential pitfalls can be avoided with adequate preparation.
UK Trade & Investment helps companies of all sizes do
business in Mexico through a network of international trade teams
based in the English regions and devolved administrations. In
Mexico, there are dedicated trade & investment teams based in
Mexico City, Monterrey, Guadalajara, and Tijuana.
Join the Most Successful Businesses
For UK-based companies wishing to develop their business in
Mexico, UK Trade & Investment can offer: specialist guidance,
market reports, sales leads and programme arranging services,
assistance with the organisation of promotional events and
publicity as well as access to its local network of
For more information please contact the UK Trade &
Investment team in Mexico. Sector contacts are listed on the
relevant sector pages. For general enquiries the contact details
Tel: +52 55 1670 3200
General email address: UKTIMexico@fco.gov.uk
Source - UKTI