You probably already knew that Mexico is a fundamental partner for the United States…
The economic relationship between Mexico and the United States is one of the richest and most intense between two countries. From 1994 to 2019, Mexican exports to the United States grew more than 700%. In 2018, the new Mexico-United States-Canada Free Trade Agreement (T-MEC or USMCA) was signed, which will allow to continue increasing exchanges between the three countries.
…but you might be surprised that more than 150,000 jobs in North Carolina depend on trade with Mexico.
And that’s not all! In 2021, there was a trade volume of 12.8 billion dollars between North Carolina and Mexico (exports and imports). Mexico is North Carolina’s second largest export market, after China and before Canada.
North Carolina trades more with Mexico than with all the countries of Central and South America combined…
Mexican consumers and businesses import vast amounts of goods from North Carolina, notably machinery, chemicals, vehicles and auto parts, plastics, and electronics. Among the products exported from Mexico to North Carolina are computers, electronics, electrical equipment, chemicals, auto parts and medical supplies.
…and large Mexican companies have a presence in North Carolina.
Cemex, Bimbo, Gruma Maseca (Mission Foods), IUSA, Alfa/Dak Américas, CONDUMEX, Sigma, Vitro (Pittsburgh Glass Works), Orbia, and other Mexican companies have established themselves in North Carolina. On the other hand, several North Carolina companies maintain activities in Mexico , for example Bayer, Bank of America, ABB and Goodrich Corporation.
North Carolina offers important opportunities for Mexico…
The State is one of the national leaders in the agricultural and textile industry and the main producer of tobacco in the country. In recent years, the state economy has diversified into industries such as pharmaceuticals , food, banking, technology and auto parts, as well as high-tech companies , dedicated to aerospace research , aeronautics, biotechnology , information technology , and clean technology innovation .
…and the Consulate General of Mexico in Raleigh has a specific area to take advantage of them.
Businessman:
• Contact us if you are looking to enter into trade between Mexico and the Carolinas , if you have a Mexican company that wants to internationalize in the Carolinas (with its first presence in the United States , or the expansion of its operations in the country).
• We are also allies for companies from the Carolinas that want to take advantage of opportunities to invest in Mexico , and to promote tourism .
• We are a source of information , we serve as a link with the governments of the States and the companies based in the Carolinas, and we support as facilitators of contacts to, for example, search for and find suppliers or allies in specific sectors .
Do not hesitate to approach the Consulate General of Mexico!
Felipe García Landa
Consul of Mexico for Political and Economic Affairs, and Cooperation
Consulate General of Mexico in Raleigh
Photos from Pexels
