Competitive advantages for investing in Mexico Mexico: a leading economy A country with competitive sectors ProMéxico’s strategies 3
Competitive advantages for investing in Mexico 4
5 competitive advantages Ex Exports Mac acro roeconomic plat platform env nviro ronment Mexico’s competit co itiv ive Advan vanced ad advantages Int nternal man anufacture mar arket Hum uman capital cap 5
Forecasts 2013 World’s lar larges gest economies economies Goldman Sachs estimates 18.000 Gross Domestic Product that Mexico will be the 16.000 (Billion USD) 14.000 5th th largest economy by 12.000 14th place 10.000 Million dollars 2050. 8.000 6.000 4.000 2.000 0 … … EU China Japón Alemania Francia Reino Brasil Rusia Italia India Canadá Australia España México Corea USA China Japan Germany France UK Brazil Russia Italy India Canada Australia Spain Mexico South Korea According to Accenture, Mexico will be one of the 2050 1 Big ig Six ix in 2025. Goldman oldman Sach’s For orecas ecast Gross Domestic Product (Billion USD) 5th place According to HSBC Mexico will be the 8th th largest economy in the world by 2050. 6 Fuente: Goldman Sachs. The N-11: More Than an Acronym . Documento de economía mundial No: 153. Marzo de 2007/ HSBC/ ACCENTURE.1/ Pronóstico de Goldman Sachs / Fondo Monetario Internacional.
Solid macroeconomic environment Evolution of inflation, exports and international reserves in Mexico (2000- 2013) Reserves Manufactures Oil Primary Inflation 160% $400 140% $350 Exports record: 380 billion dollars 120% $300 100% $250 Reserves record: 176 billion dollars 80% $200 60% $150 Percentage of inflation 40% $100 Billion dollars 20% $50 0% $0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 7 Source: INEGI / Bank of Mexico.
FDI flows into Mexico (1999-2013*) 40.000 35.188 35.000 Record-high 30.000 25.000 20.000 15.453 15.000 10.000 5.000 - MUSD 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 8 Source: Ministry of Economy. General Directorate of Foreign Investment. */ Figures to September 2013.
A3 Baa1 Positive Ratings Baa3 BBB+ BBB+ BBB+ BBB BBB BBB+ BBB BBB- BBB BBB- 9 * Scores that are below the dotted line are investments with high degree of risk or speculation. Source: Fitch Ratings, Standar & Poor’s Rating Services, Moody’s Investor Service.
5 competitive advantages Exports Macroeconomic platform environment Mexico’s competitive Internal advantages Advanced market manufacture Human capital 10
We are committed to free trade Number of countries 45 with privileged access * Number of countries 20 17 12 8 1 Our FTAs give privileged access to 61% of the world’s GDP 11 Sources: Brazil; China: Colombia:; United States: ; Chile: Direcon ; México: Ministry of Economy.
Easy access to the world Days port to port German China Colombi Destinatio Brazil Korea US India Mexico Poland Turkey y a n 11 15 32 6 21 - 25 6 12 16 New York 25 23 18 10 17 - 31 4 26 28 L.A - 17 32 15 33 11 20 15 1 10 Rotterdam 35 35 4 24 3 15 17 18 36 27 Yokohama Río de 17 - 31 12 34 15 24 16 18 19 Janeiro 32 32 - 26 2 17 11 20 33 24 Shanghai 30 30 - 28 4 19 9 22 31 22 Shenzhen 25.0 25.3 23.4 17.3 16.3 15.4 19.6 14.4 22.4 20.9 Average Fuente:Sea Rates 12
A country with great infrastructure Monterrey Altamira SLP Tampico Guanajuato Guadalajara Veracruz Manzanillo Lázaro Cárdenas 13 Source: SCT.
A country part of NAFTA 14 Fuentes: SCT/ US Department of Transportation.
5 competitive advantages Exports Macroeconomic platform environment Mexico’s competitive Internal advantages Advanced market manufacture Human capital 15
Demographics on our side Population: 122 milliones 16
Domestic Market: main features GDP TREND: CONSUMER EXPENDITURE GDP per Capita (Actual): $ 8519 Actual: 9500000 MXN milliones (highest level ever) GDP growth rate (2015): 3.5% 17 Consumer Expenditure Chart and GDP Growth - Source: Trading Economics
5 competitive advantages Exports Macroeconomic platform environment Mexico’s competitive Internal advantages Advanced market manufacture Human capital 18
Labor Market Labor Force: 52 milliones Expected Labor Force (by 2020): 83 milliones 19 Labor Force Chart – Source: Trading Economomics
Quality of Mexican labor force Mexico 6,02 Russia 5,85 India 5,73 South Korea 5,18 Indonesia 4,83 China 4,44 Source: IMD Competitiveness Yearbook, 2012 Rank Brazil 3,80 - 1,00 2,00 3,00 4,00 5,00 6,00 7,00
5 competitive advantages Exports Macroeconomi platform c environment Mexico’s competitive advantages Internal Advanced market manufacture Human capital 21
Most competitive total costs Mexico’s ranked 11 th in terms of Economies of Scale Availability 22
We are leaders in key sectors AEROSPACE AUTOMOTIVE AND AUTOPARTS • Mexico is the 6th supplier to the • 8 th producer and 4 th exporter globally American aerospace industry. of new light vehicles in the world. 370 billions in exports 50% medium and high tech manufactures MEDICAL DEVICES ELECTRIC-ELECTRONIC • We are the largest exporter in Latin • Leading flat television screen America and main supplier to the exporter in the world. US. 23 Source: FEMIA/ GTA/ AMIA/ OICA. .
ProMéxico’s strategies 24
What Do We Offer in ProM é xico? Boosts activities aimed Brings companies together to present an overview of and link them to private or international business public organizations and and trade. It also seeks academia, among others, to encourage enterprises with specific goals that are and strategic sectors to usually project-related. reach international markets and promote the country's image. ProMéxico Assists clients to reach a Simplifies the execution or specific goal, through increases the appeal of a training, personal project, whether for export, assistance or consulting . FDI or internationalization, through incentives, studies or by opening markets. Development of programs and projects DCC/ ACT Model/ Softlanding/ Aftercare/ Roadmaps/ Clusters articulation/ MOMA/ PROCEI 25
www.oscar.camacho@promexico.gob.mx 26
Recommend
More recommend