Click here to load reader
Upload
dhl-express-uk
View
53
Download
0
Embed Size (px)
DESCRIPTION
Acting as a natural bridge between Latin America and the United States, Mexico is a country with huge potential. Learn more in the DHL fact sheet.
Citation preview
DHL MEXICO FACT SHEET
B R A Z I L
C O L O M B I A
V E N E Z U E L A
E C UA D O R
M E X I C O
PA N A M A
C O S TA R I C A
N I C A R AG UA
H O N D U R A SG UAT E M A L A
B E L I Z E
E L S A LVA D O R
P E R U
B O L I V I A
A R G E N T I N A
C H I L E
U R U G UAY
PA R AG UAY
G U YA N A
S U R I N A M E
F R E N C HG U I A N A
Brasilia
Recife
Rio de JaneiroSao Paulo
Porto Alegre
Vitoria
Viracopos
DHL GatewayMajor City
KEYCapital City
Cancun
Acapulco
Los Cabos
Chihuahua
Monterrey
Guadalajara
Mexico City
Merida
Hermosillo
TijuanaCiudad Juarez
Matamoros
Nuevo Laredo
QueretaroOverview
Acting as a natural bridge between Latin America and the United States, Mexico is a country with huge potential. Covering an area roughly the same size as Western Europe, and with a population of 116 million, Mexico is the second largest economy in Latin America. Due to its newly found reputation for being a rapidly developing, dynamic economy, Mexico is regularly ranked in the top three emerging markets to do business with.
After maintaining a strong growth of 3.9% during 2012, economic growth is expected to remain stable with the Gross Domestic Product (GDP) predicted to grow by 3.5% throughout 2013. Analysts also forecast that the Mexican economy will be larger than that of the UK by 2040, and the world’s seventh largest economy by 2050.
As the country’s economy has grown, so has the demand for imports. The Mexican Government is increasingly looking to reduce their trade dependency on the USA, so the EU-Mexico Free Trade Agreement places UK exporters in an ideal position to compete on equal terms with USA and Canada and import duties will not be applied.
The UK is one of the largest investors in Mexico and the demand for UK goods and services extends across the economy from sectors such as education and infrastructure through to food and drink. UK Trade and Investment is working with the Mexican government to double bilateral trade to £4.2 billion by 2015.
Source: GOV.UK, UKTI, The World Bank
Gateways into the country: 10
Number of Service Centres: 70
Locations: 357
DHL Delivery Zone: 7
Fleet: 2,238 vehicles
DHL Facts
Country Facts
Currency Peso (MXN)
GDP Us$1.163 trillion
Area 1,964,375 sq km
Population 116.2 million
Capital City Mexico city (Distrito Federal)
Ethnic Groups 60% Mestizo (amerindian-spanish), 30% amerindian, 9% white, 1% other
Languages spanish 92.7%
Source: CIA World Factbook
DHL Mexico Fact Sheet 2
Mexico City Non-Dutiable: 2 days Dutiable: 3 days
Merida Non-Dutiable: 2 days Dutiable: 3 days
Guadalajara Non-Dutiable: 2 days Dutiable: 3 days
Hermosillo Non-Dutiable: 2 days Dutiable: 2 days
Monterrey Non-Dutiable: 3 days Dutiable: 2 days
UK to Mexico Transit Times
the times provided for dutiable shipments are based on the time expected for customs in Mexico to clear the shipment – this is dependent on the value of the shipment.
traDe iNFOrMatiON
Source: DHL, CIA World Factbook
PrOHibiteD iteMs
the list below is in addition to DHL’s standard list of prohibited items.
• antiques• asbestos• Dangerous Goods• Firearms, parts of• Gambling devices• ivory• Military equipment• Perishables• Playing cards• Pornography• Precious metals and stones
General note: Goods with wooden packaging can be imported in accordance with Mexican Government regulations, however, if marked in accordance with the international agreement of Protection, import will not be permitted.
Imports into Mexico
US $379.4 billion (2012 est.)
Import commodities: Metalworking, machines, steel mill products, agricultural machinery, electrical equipment, car parts, aircraft, and aircraft parts.
Top Import Origins: Germany, USA, China, Brazil, Italy, Colombia.
Exports from Mexico
US $370.9 billion (2012 est.)
Export commodities: Manufactured goods, oil and oil products, silver, fruits, vegetables, coffee, cotton.
Top Export Destinations: Germany, USA, Canada, South Korea, Guatemala, Colombia, Japan.
DUTY FREE ALLOWANCE: US$50
DHL Mexico Fact Sheet 3
Formal Entry Clearance
Documentation Required
• waybill
• commercial invoice with value breakdown
• instructions letter
• import License
• broker License
• specific requirements according to Harmonized tariff code for goods
Customs Process
• clearance process time depends on Harmonized tariff code
• written authorisation is required if DHL Mexico’s in-house broker is to clear the shipment*
• the importer must be a registered person or legal entity
Duties And Taxes
• vat 16%
• customs Fee Us $50
• Duties depend on Harmonized tariff code
• broker Fee. Depends on shipment value, except for items below Us $1000 (Free of charge)
Recommendations
• it is very important to declare the correct value of your shipment for duty charges. any under-valued commodities can face unnecessary clearance delays. Terms Explained
DaP/DDU (Delivered at Place/Delivered Duty Unpaid) – all transport costs are paid by the origin/seller. taxes and duties are paid by the destination/buyer.
eXw (ex works) – all costs are paid by the destination/buyer.
DtP – all transport charges, taxes, and duties are paid by the origin/seller. this service is only available for imports by a courier.
For more information
if you need support with your export documentation or advice on trade to/from Mexico, help is available.
contact your local chambers of commerce office www.britishchambers.org.uk
Your local UKti is available to support with all aspects of international trade www.ukti.gov.uk
DHL customer services is also available on 0844 248 0844
visit www.dhlguide.co.uk for international trade information and to read our blog
Follow us on twitter @dhlexpressuk to keep up to date with all the latest developments in international trade
valid from: 07/2013 | version: 01
*NOTE: DHL do not act as a broker. In-house broker partner alliance is operated.
Documentation Required
• waybill
• commercial invoice
Taxes And Fees
• vat 16%
• customs Fee MXN $200• No charge for items below Us $50
esseNtiaL cUstOMs iNFOrMatiON
DHL can assist you with getting everything right. You can speak to your Account Manager or contact Customer Services on 0844 248 0844 for advice.
Commercial Invoices
All commercial invoices must meet the following requirements:• Tax ID for importer• Full goods description and Harmonized System Code (HS).
If shipment origin is a Mercosur country it must include the Mercosur Common Nomenclature number (NCM)
• Merchandise unit cost, quantity and currency• Applicable Incoterms® used (DDP/DDU/EXW)
Informal Entry Clearance
Items with declared value up to US $300, except liquids, dust and gasses can be imported via Informal Entry.