Mexico has a population of $112 million people and they generate a GDP of $644 million, roughly $10,064 per capita (World Bank). Fifteen percent of US exports land in Mexico and the US receive nearly 85% of Mexico exports every year. Mexico is the second export choice in the US after Canada and the third import choice just after China. US products are preferred for their quality all over the world yet, the US trade balance reports a huge deficit. President Obama´s National Export Initiative promotes small and medium enterprises to the global market in an attempt to balance trade.
Mexico´s foreign direct investment is growing 11% every year and so is their purchasing needs of materials, components, machinery, equipment, tools, services and more. Today, Mexico has a purchasing power of $30.7 billion (Inegi, August 2011). This is the right time to choose Mexico as your first international partner and turn your business into a global exporter.