It has one of the most open economies in the world.
Mexico has access to 46 countries through its Free Trade Agreements. Mexico’s FTAs give privileged access to 61% of the world’s GDP 1.2 billion people.
Mexico is among the top 10 exporting countries in the globe.
More than 470 billion US dollars of exports in 2019. Almost 90% of exports are manufactured goods, therefore, not subject to commodities prices volatility.
Attractive destination for strategic investment.
The recent entry into force of the United States-Mexico-Canada Agreement (USMCA), represents an important opportunity for Singaporean and regional companies seeking to participate in global value chains in North America, where Mexico is an attractive destination for strategic investment
Perspective of Pacific Alliance Member.
Negotiations are taking place for Singapore to become an associated member state of the Pacific Alliance.
Solid commercial and economic association
During the last official visit of Singapore’s Prime Minister Lee Hsien Loong to Mexico last November 2019. Prime Minister and President Andrés Manuel López Obrador promised to consolidate a solid and strategic commercial and economic association between the two regions.