Transcript Diapositiva 1 - San Diego Regional Chamber of Commerce

CALIFORNIA –MEXICO
TRADE INITIATIVE
April 1, 2014
ProMéxico
Activities:
 FDI
 Exports promotion
 Mexican investment abroad
Fdi in mexico (Sectors)
(2000-2013)
Mining
6%
Construction
4%
Commerce
9%
Manufactures
45%
Services
36%
Source: Ministry of Economy
Usa as trade partner
• 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
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Mexico as part of north america
México has:
 Nafta
 More than 50 border
crossing points
 Value of NAFTA
market= 18 bn usd
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Source: SCT/ US Department of Transportation.
A sophisticated economy
Medium Technology (MT):
• Specialty Chemicals
• Machinery and Equipment
Appliances
• Electrical Industrial Machinery
• Motor Vehicles & Parts
• Motorcycles & Transport
Equipment
• Railroads & Equipment
High Technology (HT):
• Aircraft & Spacecraft
• Advanced materials
• Computers & Office
Machinery
• Communication
Equipment
• Medical, Precision &
Optical
No.
Country
GDP
South Korea
30.4%
Germany
28.1%
Mexico
17.2%
China
15.0%
France
13.2%
Canada
7.3%
United States
5.1%
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Source: ProMéxico with information of IHS Data – Global Insight. Data in USD Real terms, 2005, considering de G20 countries.
Competitive costs for NAFTA market
According to KPMG, in 2012 Mexico had an
average cost advantage of 21% (over 19
industries), compared to the US.
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.
Japan
Australia
Germany
USA
Italy
France
Canada
The Netherlands
UK
The most competitive country in
terms of costs and taxes,
according to Global Benchmark
Report.
Mexico
The Alix Partners Manufacturing
Outsourcing Cost Index ranks
Mexico as the best country
(better than BRIC’s).
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Labor force
• 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).
Fuente: Select Macroeconomic Indicators. International Monetary Fund
We are leaders in key sectors
AEROSPACE
Mexico is the 6th supplier to
the American aerospace
industry.
MEDICAL DEVICES
We are the main supplier
to the US.
AUTOMOTIVE AND
AUTOPARTS
8th producer and 4th
exporter globally of new light
vehicles in the world.
ELECTRIC-ELECTRONIC
Leading flat television screen
exporter in the world.
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Source: ProMéxico with information of FEMIA/ GTA/ AMIA/ OICA.
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.
Main opportunities in the automotive global supply chain
11.8bn
Punching and stamping USD
10 main
opportunitie
s
9.9bn
USD
9.2bn
USD
9.1bn
USD
+10 MORE
Source: ProMéxico with information provided by main automotive companies.
2.2bn
USD
2.5bn
USD
2.7bn
USD
3.3 bn
USD
3.9bn
USD
6.4bn
USD
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Main opportunities in the electric global supply chain
Metal stamping
10 main
opportunitie
s
1.6bn
USD
1.0bn
USD
0.8bn
USD
0.7bn
USD
0.6bn
USD
Source: ProMéxico with information provided by main automotive companies.
0.1bn
USD
0.1bn
USD
0.2bn
USD
0.4bn
USD
0.5bn
USD
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Main opportunities in the wind
industry supply chain
Construction
Main
opportunitie
s
29.3bn
USD
22.5bn
USD
21.2bn
USD
16.6bn
USD
13.4bn
USD
Source: Ministry of Energy.
53bn
USD
11bn
USD
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Main opportunities in the aerospace global supply chain
Treatments
7 main
opportunities
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Source: ProMéxico with information provided by main automotive companies.
www.promexico.gob.mx
[email protected]
@ProMexicoTW
+52 (55) 54 47 7000
Camino a Santa Teresa 1679,
Col. Jardines del Pedregal
CP 01900, México, D.F.
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