Firstly, it has a fascinating history as one of the original cradles of civilization – the land we now call modern Mexico was once home to the Mayans, then the Aztecs, before being conquered by the Spanish in the 16th century.
Today, Mexico is the largest Spanish-speaking nation in the world. Its population of 124 million is still growing at around 1.25% each year, about the same rate as India.
The combination of a big population (the 14th-largest in the world), a well-developed infrastructure, and its trading proximity to the USA, have helped Mexico charge into 11th place on the league table of global economies.
Its growing services sector is complemented by a healthy manufacturing industry, with electronics being a key export to the nearby US and Canada, and beyond. Its overall economy is only going to get stronger – by 2050, Mexico is projected to be the 5th-largest economy in the world. If, Mexico has a rich history, it's about to enjoy an even richer future.
Mexico is a fertile territory for overseas traders and it's on course for a meteoric rise. Now is the time to set out your stall and establish yourself in this growing market.
A growing middle class is looking for products, both in shops and online – but what kind of products? Our PDF guide gives you a rundown of the top product categories and helps you take the first steps in exporting to Mexico. Is it the right market for you? Find out with our PDF guide.
- How you can take advantage of Mexico's growing economy
- Why e-commerce is hotting up in Mexico
- What you need to know about customs and excise processes when importing into Mexico