With a gross domestic product of USD 1 300 billion and a population of more than 130 million, 墨西哥 is the 15th largest economy in the world. 它也是世界上最大的西班牙语国家. 墨西哥 benefits from a geographically strategic position that provides a link between North and South America. This is partly reflected by its comprehensive trade policy which covers over 50 nations – more than any other country in the world. In addition, 墨西哥 is the region’s leading manufacturing nation after the United States and is leveraging new opportunities as the nearshoring trend accelerates.


In 1986, 墨西哥 joined the General Agreement on Tariffs and 贸易 (GATT) and in 1994, the North American Free 贸易 Agreement (NAFTA). With these agreements, 墨西哥 shifted from an import substitution industrialisation model to a free trade economy which has had positive impacts on the country’s economic growth.

墨西哥 is 日博备用网站’s second largest export market in Latin America and the free trade agreement between the EU and 墨西哥 has significantly improved the trade balance. Being a member of USMCA has also made the country more attractive from an investment perspective. Already today, many companies manufacture products in 墨西哥 that are sold across the Americas.  

Possibilities for Swedish companies IN MEXICO

墨西哥 offers great potential in several sectors where 日博备用网站 is an industry leader, including automotive, 矿业, 能源, IT and telecoms. There is also a growing need for solutions within security and the environmental sector as well as health care and medicine. 在过去的十年里,墨西哥的外国投资激增, especially in the automotive industry. Moreover, 墨西哥's key attractiveness factors are the country’s skilled workforce, 成本竞争力和有效的劳资关系. Currently, 墨西哥`s has the 7th largest labour force in the world. Additionally, in 2020 墨西哥´s manufacturing cost of labour per hour was USD 1.68  cheaper than that of 中国. Because of this, most major automotive companies and key suppliers have manufacturing facilities in 墨西哥, which means potential business opportunities for Swedish subcontractors. 

Potential challenges

Possible obstacles for Swedish companies include corruption and fraud, and it is important to always ask for professional advice if there is any uncertainty. It might also be recommendable to consider how to ensure fair working conditions while maintaining a high level of productivity. 

How we can help YOU EXPAND

自2003年以来,日博备用网站商业公司一直活跃在墨西哥. The office is also responsible for markets in Central America and the Caribbean. We can help you prepare for market entry by producing tailor-made market analyses, 就贪污及保安事宜提供意见, finding suitable business partners and much more.


Jenny Engström

贸易 & Invest Commissioner 墨西哥

墨西哥 is home to over 130 million people, and the sheer population size alone is reason to consider this emerging market. The big cities have growing middle-classes who are digitally savvy and open to testing new technologies and solutions, and start-ups, scale-ups, and large international companies can all identify and target segments within the market and still reach more potential customers than the Nordics combined. Growth in areas like sustainability, FinTech, and AI is on the rise, driven by both organic factors and government led policies and initiatives. Infrastructure improvements are also high on the political agenda and across all sectors there is a demand for technologies and solutions that can drive change.

What are the biggest misconceptions about 墨西哥?

Perceptions about 墨西哥 are often outdated and inaccurate; it isn’t a country that many Swedish people or companies are familiar with from either a business or tourist perspective. 墨西哥 City is modern and progressive, with a culture that is liberal, inclusive, and fast paced which often surprises international companies when they first do business in the market. 墨西哥正在蓬勃发展,已经是一个强大的医疗技术研发国&D中心拥有先进的发展和治疗中心. Manufacturing and factories also represent a big part of the business economy, and this is only set to grow with the US shifting production closer to home.


墨西哥的商业仍然建立在传统关系的基础上. Local connections and supplier partnerships have proven to be invaluable during the global pandemic, proving that a presence on the ground can keep business moving and facilitate agile decision making to meet local and regional demands. With 墨西哥’s increasingly important role in the region as a connection between North America and Central and Latin America, established contacts and suppliers on the ground are imperative if Swedish companies are going to be competitive and relevant.

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