NAFTA Exporter: Mexico
To draw attention to a vast export promotions arsenal available to individuals and businesses seeking to export to Mexico, a program called EXPORT MEXICO was developed through a partnership between business and government.
Mexico is our fastest-growing export market. With the implementation of the North America Free Trade Agreement, this market is expected to provide even greater opportunities.
Why Mexico? When your fastest growing export market is right next door, you've got to harness it and seize the opportunity.
Exports to Mexico have Increased from $12,.4 billion in 1986 to $40.6 billion in 1992. Mexico's 86 million consumers prefer U.S. goods. 70% of every dollar Mexico spends on foreighn products are spent on U.S. goods. Rising levels of disposable income among Mexican consumers helped increase our exports by 50% since 1991.
THE NAFTA FACTOR In the last decade, the Mexican market has become more open, instituting unilateral, market-opening reforms. The North America Free Trade Agreement will help further accelerate the growth of U.S. exports to Mexico, opening new doors to U.S. companies.
NAFTA will create the biggest market in the world right at our doorsteps, over $6 Trillion with 370 million people.
NAFTA will make nearly half of all U.S. exports qualify for ZERO tariffs.
NAFTA will open Mexico to U.S. service exports, including such industries as insurance, banking, accounting, advertising and more.
If you're seeking to export to Mexico, you can call Flash Facts facsimile service and order Mexico market information sent to you via fax, free of charge. The number to call is (202) 482-4464. The system includes among its many documents NAFTA updates and upcoming trade events. You can also call (202) 482-0300to consult trained desk officers from the Department of Commerce's Office of Mexico regarding the most cost-effective ways you can enter the Mexican market.
The Commerce Department's Office of Mexico publishes a comprehensive manual called "A Guide To Financing Exports To Mexico", which you can obtain free of charge by calling the Flash Facts line and requesting document number 0420.
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