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CALIFORNIA –MEXICO TRADE INITIATIVE
April 1, 2014
ProMéxico
Activities:
FDI
Exports promotion
Mexican investment abroad
Fdi in mexico (Sectors)(2000-2013)
Source: Ministry of Economy
Manufactures45%
Services36%
Commerce9%
Mining6%
Construction4%
4
• Mexico’s Number 1 pArtner as:
exports destination
Imports
Total trade partner
• Potential Sectors: Aerospace Automotive and auto parts Medical Devices IT’s & BPO’s Energy Chemical
Usa as trade partner
5Source: SCT/ US Department of Transportation.
5
Mexico as part of north america
México has:
Nafta More than 50
border crossing points
Value of NAFTA market= 18 bn usd
6
Germany
South Korea
China
Mexico
France
A sophisticated economy
Medium Technology (MT):• Specialty Chemicals• Machinery and Equipment
Appliances• Electrical Industrial
Machinery• Motor Vehicles & Parts• Motorcycles & Transport
Equipment• Railroads & EquipmentHigh Technology (HT):• Aircraft & Spacecraft• Advanced materials • Computers & Office
Machinery• Communication
Equipment• Medical, Precision &
Optical
Source: ProMéxico with information of IHS Data – Global Insight. Data in USD Real terms, 2005, considering de G20 countries.
No. Country GDP
30.4%
28.1%
17.2%
15.0%
13.2%
Canada
United States
7.3%
5.1%
According to KPMG, in 2012 Mexico had an average cost advantage of 21% (over 19 industries), compared to the
US.
Competitive costs for NAFTA market
7
The Alix Partners Manufacturing
Outsourcing Cost Index ranks Mexico as the best
country (better than BRIC’s).
The most competitive country in terms of costs and taxes, according to
Global Benchmark Report.
Me
xico UK
Th
e N
eth
erla
nd
s
Ca
na
da
Fra
nce
Ita
ly
US
A
Ge
rma
ny
Au
stra
lia
Jap
an
Source: ProMéxico with information of Competitive Alternatives 2012, KPMG; Global Benchmark Report 2011, of the Danish Industry Confederation; Manufacturing Outsourcing Cost Index 2010, Alix Partners.
• Young, trained and talented population
• More than 110,000 new engineer and technology professionals per year (CONACYT, 2011)
• In the next 20 years, 60% of the population will be available as work force (80 million).
Labor force
Fuente: Select Macroeconomic Indicators. International Monetary Fund
9Source: ProMéxico with information of FEMIA/ GTA/ AMIA/ OICA.
MEDICAL DEVICESWe are the main supplier to the US.
AUTOMOTIVE AND AUTOPARTS8th producer and 4th exporter globally of new light vehicles in the world.
AEROSPACEMexico is the 6th supplier to the American aerospace industry.
ELECTRIC-ELECTRONICLeading flat television screen exporter in the world.
We are leaders in key sectors
BUSINESS OPPORTUNITIES
Mexico: Your best option for Reshoring
Mostly returning from China due to increase of labor and production costs
BCG estimates reshoring a value of $120 bn usd with a 20% increase for the next five years
Mexico’s advantages:
Near shore
Educated work force
Competitive manufacturing costs
Investment certainty
Medium and advance manufacturing
Source: BCG.
Punching and stamping
10 main opportuni
ties
Foundry
ForgingMachining
Injection molding
Die casting
Other components
Auto interiors
Ele
ctronic a
ssem
bly
Cable
s and
wire
s
Main opportunities in the automotive global supply chain
Source: ProMéxico with information provided by main automotive companies.
+10 MORE12
9.1bnUSD
11.8bnUSD
6.4bnUSD
9.2bnUSD
9.9bnUSD
3.3 bnUSD
2.2bnUSD
2.5bnUSD
3.9bnUSD
2.7bnUSD
Metal stamping
10 main opportuni
ties
Mechanical assemblyPlastic injection moldingMachining
Metal fabrication
Laminating
Foundry
Dielectric m
aterial
Cera
mic o
r porce
lain
Sin
terin
g
Main opportunities in the electric global supply chain
Source: ProMéxico with information provided by main automotive companies. 13
0.7bnUSD
1.6bnUSD
0.6bnUSD
0.8bnUSD
1.0bnUSD
0.4bnUSD
0.1bnUSD
0.1bnUSD
0.5bnUSD
0.2bnUSD
Construction
Mainopportuni
ties
Power generation equip.
Other sectors
Main opportunities in the wind industry supply chain
Source: Ministry of Energy. 14
16.6bnUSD
29.3bnUSD
13.4bnUSD
21.2bnUSD
22.5bnUSD
53bnUSD
11bnUSD
Metal fabricationMachining and equip.
Plastic industryIT equip.
Treatments
Sheet metalMachiningElectronicsCastings
Forgings
Harnesses
Main opportunities in the aerospace global supply chain
Source: ProMéxico with information provided by main automotive companies.
7 main opportuniti
es
15
www.promexico.gob.mx
mx
@ProMexicoTW
+52 (55) 54 47 7000Camino a Santa Teresa 1679, Col. Jardines del PedregalCP 01900, México, D.F.
16
