Promexico promotes the comercial exchange of B.C with USA, South and Central America

Promexico promotes the comercial exchange of B.C with USA, South and Central America

With the purpose that exporting firms interested to export their products could to diversify their markets within the US and Argentina ProMexio counsels in those countries gave the seminary "Business Opportunities for BC in America". Gilberto Macias, regional northwest coordinator of Pro Mexico, mentioned that this organism promotes the attraction of foreign direct investment and […]

Por Brenda Colón el April 13, 2017

With the purpose that exporting firms interested to export their products could to diversify their markets within the US and Argentina ProMexio counsels in those countries gave the seminary "Business Opportunities for BC in America".

Gilberto Macias, regional northwest coordinator of Pro Mexico, mentioned that this organism promotes the attraction of foreign direct investment and the exports of products and services, as well as the internationalization of Mexican companies in order to contribute to the economic and social development of the country.

During the year they support the participation of companies and producers on missions, fairs, and commercial shows realized overseas in order to promote national products, and also to establish their distribution centers in other nations.

He mentioned that they organize seminaries, workshops, and various courses to demonstrate the opportunities that the Mexican companies have in other countries in order to help them to explore new markets.

Business opportunities in North America.

ProMexico counselors Daniela Robles of Argentina and José A. Peral in Chicago shared with the assistants the business opportunities that Mexicans have in these cities.

Jose A. Peral indicated that the politic and commercial relationships between the US and Mexico is in an historical moment, he acknowledge that the bilateral commerce between this two countries arises to $1300, daily million US.

"Mexico is the 1st or 2nd destination for exportations in 21 American states in the American country, and 6 millions of jobs in EE.UU. He pointed out that all of them depend on Mexican commerce."

He explained that 40% of the Mexican exportations to the US have American content this reflects a high industrial integration that creates region sustainability.

"Today we mostly export advanced manufacturing, components and high technology equipment. Our total exports to the US are about $295,000 million US, which is equivalent to 79% of our exportations", said the Chicago's commercial counselor of ProMexico.

He also pointed out that Mexico is the first provider in the automotive industry and just the sixth provider of aerospace industry in the US, and 1 of 10 light vehicles that circulate in the US are ensemble in Mexico.

The direct foreign investment in Mexico has reached an annual average toss of more than 11 million US that came from North American firms.

Economical Sectors by region

South west- Miami

Area: Dominican Republic, Puerto Rico, Mississippi, Louisiana, Kentucky, Jamaica, Haiti, Georgia, Florida, South Carolina, North Carolina, Atlanta, Alabama.

Vocation: Renewable energies, hydraulic infrastructure, water treatment, agro industries, and medical equipment.

Northeast- New York

Area:West Virginia, Virginia, Rhode Island, Pennsylvania, New Jersey, Massachusetts, Maryland, District of Columbia, Delaware, Connecticut.

Vocation: Aerospace, Biotechnology, Technology, Renewable Energies, Creative Industries, Financial Services, Infrastructure.

South center – Huston and Dallas:

Area: Wyoming, Tennessee, Oklahoma, North Texas, Missouri, Kansas, Colorado, Arkansas, South Texas y New Mexico.

Vocation: Energy supplier, Automotive, Manufacturing Metalworking, Infrastructure and Construction, Medical Tourism, Agribusiness, Textiles and Clothing.

South east- Los Angeles and San Francisco:

Area: Utah, South Carolina, North of California, Nevada, Hawaii, Arizona.

Vocation: Traditional and Renewable Energy, Aerospace, Agribusiness, Advanced Technology, Telecommunications, Creative Industries.

North east- Vancouver:

Area: Illinois, Wisconsin, Michigan, Minnesota, Iowa, Ohio, Indiana, South Dakota, North Dakota and Nebraska.

Vocation: Vocation: Aerospace, Information Technology, Creative Industries, Mining.

Middle West – Chicago and Detroit:

Area: Illinois, Wisconsin, Michigan, Minnesota, Iowa, Ohio, Indiana, South Dakota, North Dakota and Nebraska.

Vocation: Advanced Manufacturing, Automotive Sector (ship-owners and suppliers), and metal industry, heavy Equipment, Health Sciences (medical equipment, medicines and procurement), Processed and fresh food.

Opportunities

>Exportation Opportunities

Automotive sector and auto-parts

• Stamped of high tonnage and specialized forge

• Aluminum extrusion

• Precision machining

• Precision Machining

• Electronic, and entertainment

Components

• Mechatronics

• Special Injection and molding of plastics.

Health Sciences

• Medical equipment

• Medical Devices

• Providers of hospital equipment (gowns, gloves, gauze, instruments, wheelchairs, canes, etc..)

Fresh and Processed Food

• All kinds of fresh food packaged or bulk

• Industrialized agricultural products

• Sweets and candies

• Processed food

• Alcoholic beverages, juices and soft drinks

Aerospace Sector

• Specialized coating and surface treatment

• Precision Machining

• Electronic Components

• Wiring and Harnesses

• Ceramic and porcelain components

• Aluminum Extrusion

Metalworking / Power supply Sector / Heavy machinery in general

• Labeling

• Smelters

• Forging processes, machining, turning and stamping

• Precision Machining

• Injection Systems

• Heat treatment

• Hydraulic components

>Foreign Direct Investment Opportunities and Joint Ventures

Aerospace Sector

• Coating and surface treatment

• Precision Machining

• Electronic Components

• Specialized forge

• Special steel casting

• Wiring and Harnesses

• Ceramic and porcelain components

Metalworking / Power Sector / General machinery

• Metal Stamping

• Electrical Assemblies

• Machining and laminated

• Dielectric Material

Health Sciences

• Medical equipment and components

• Devices and medical instruments

Fresh and Processed Food

• Plant production of processed foods

• Industrialized agricultural products

United States.

Has a population of 316. 6 millions of inhabitants, this represents 4.45% of the world population and more than 65% of the population within the NAFTA economic area.

GDP:

$15.7 trillions of USD/18.4% of the world economy.

A per capita estimated income of

$49.800 USD (estimated in 2012).

The economy of the US is the most powerful, diversified, and globalized of the world. It is based in an economic model of consumerism in a market that is completely free and open. The American companies are world leaders in a broad industrial sectors and services among the most distinguished we found:

• Advanced Manufacturing and High Technology industry

• Automotive and aerospace industry

• Computer equipment and telecommunications

• Financial Services

• Agriculture

Business opportunities in South and Central America

Daniela Robles shared information regarding the economic situation of South and Central America, mentioned that Chile and Uruguay are very little countries where logistics are not a very complex subject, but it is not the same for Brazil or Argentina.

In other aspects she stressed

that it

is

easier for Mexicans to access the

central American market that represents the same figure

in its exportation percentage that we export to Colombia, and invited those who already have the export experience

to Colombia

to considerate the possibility to export trough central America or vice versa.

According to this, Argentina explained that the country does not have sufficient dollars to pay their foreign debt or to import products; this is why the government has created

a series of mechanisms to ensure and

guard this currency , such as the "Argentine General resolution (DJAI)", a mechanism that was applied

two years ago and currently

valid , trough it the government asked

buyers and international operators to consult with the government

before issuing any purchase order to verify if there

is any possibility to create it,

and wait until the government issues it and

approves it.

She also mentioned that the government asks primarily for a 1X1 requirement to authorize any purchase, this means that for each dollar that is being imported in Argentina they are obligated to export the same quantity, this means that if you find a buyer in Argentina that wants to buy a thousand dollars in product the government is going to ask the person that is importing to export of a thousand US of any Argentine product in order to maintain the balance in 0.

No. Mexico's trading partners

#8 Brazil

#11 Colombia

#19 Chile

#20 Argentina

#27 Peru

#53 Uruguay

Main productive sectors

Argentina

• Food and processed beverages

( Daniela Robles explained that Argentina Uruguay and Chile are the main producers of wine and have no competiveness in the production of cork, glass containers, and even in some labeling process)

• Automotive

• Metal – mechanic industry

• Textiles industry

Chile

• Metals and minerals

• Fishing

and their process

• Wood

• Processed food and beverages.

Brazil

• Food.

• Aerospace industry

• Automotive industry

• Footwear industry

Colombia

• Maquiladora Industry

• Food and beverages

• Fuel and mineral lubricants industry

• Minerals and Metals

Uruguay

• Processed food and

beverages

• Electric machinery

• Naval industry

• Electric machinery

Exportation Opportunities

Argentina

• Plastics

• Vehicles

• Fashion

• Health

• Processed foods

• Home

Brazil

• Auto-parts

• Textiles

• Medical devices

• Metal mechanic industry

• Food industry

Chile

• Construction

• Vehicles

• Ironmongery

Colombia

• Crude oils and petroleum derivates

• Wheat, corn and rice

• Excavators

• Polyethylene and polypropylene

Uruguay

• Plastics

• Vehicles

• Health

• Processed foods

• Electrical appliances

• Home (comforters, bathroom furniture, kitchen appliances and

home furniture)

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