For over a century,American private sector investment,facilitated by the American chamber of Commerce of Mexico (AmCham),has cultivated a robust community in Mexico. As key investors in the Mexican economy, they’ve witnessed the evolution of economic dynamics between the U.S. and Mexico, navigating diverse global landscapes while fostering a deep, strategic integration that benefits industries and workers in both nations.
USMCA’s Role in Bilateral Trade growth
As the United States-Mexico-Canada Agreement (USMCA) took effect, Mexico has emerged as the United States’ largest trading partner. In 2023, the total goods exchange reached $797.9 billion, reflecting an impressive average annual growth of 14.18%, according to the U.S. Census bureau. Looking ahead,Mexico is poised to play an even more significant role in establishing a secure and resilient regional market.
Key Industries for Expanded Trade
Several key industries hold substantial potential for expanding U.S.-Mexico trade and investment.These include:
- Electromobility
- Medical Devices and health
- Semiconductors
- Agro-industry
These sectors represent the region’s competitive advantage and are crucial for solidifying …
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