Mexico in Highlight Figures.
o 81.3% in urban areas
o 51.1% women, 48.9% men
o 61.6% between 18 and 64 years old
o 29.8 years average age
o GDP Per capita 2022: USD $11,005
o Tertiary activities: 64.7%
o Secondary: 30%
o Primary 5.3%
o Automotive-Auto Parts: USD $165.2 billion
o Family Remittances: USD $58.5 billion
o Agribusiness: USD $50.1 billion
o Oil Exports: USD $39.2 billion
o Tourism: USD $28.1 billion
o 9th FDI recipient country in the world
o USD $113.92 billion from 2020 to Q1 2023
o 2nd country with the most trade agreements in the world.
o “Nearshoring”(1)
o Geographic location
o Favorable business climate
o Connectivity and communications
o Industrial infrastructure
o Macroeconomic stability
o Legal framework with legal certainty
o Domestic tax exception
(1) Nearshoring: Transfer manufacturing processes to a more immediate geographic location, where the company can benefit from proximity, logistics, schedule, culture, language and economies of scale..
o 130.5 million subscribed mobile lines
o 116 million Smartphones
o Three (3) mobile operators:
o Telcel/America Movil (61.9% SOM)
o Movistar (17.0% SOM)
o AT&T (15.6% SOM)
o More than 30 Virtual Mobile Operators - OMV (5.5% SOM)
o Penetration: 78.6% in >6 years of age
o 93.1 million users
o 88.24 million access with mobile phones
o 91.5% access from Smartphones
o 94 hours online each one per week
o WhatsApp: 90 million users
o Facebook: 89.7 million users
o YouTube: 80.6 million users
o Facebook Messenger: 61.8 million users
o TikTok: 46.2 million users
o Instagram 37.5 million users
Sources: INEGI, Federal Telecommunications Institute (IFT), Secretary of Finance and Public Credit (SHCP), ComScore