Country Information - Mexico

Country Information

Mexico Branch

Basic Facts

• Part of the NAFTA Region • Capital: Mexico City • Population: Barely above 126 million people.

• Language: Spanish is the official language.

• Main Trande Partner for the U.S.(2023) • Currency MXN (Mexican Peso).

Mexico is the world’s 15th largest economy, with a GDP of $1.3 trillion.

It’s main exsports are automobiles, electronics and oil.

Inflation is 3.6%.

Source: Banxico

Cultural Overview

Mexico is a country rich in culture, traditions, and history. With influences from indigenous people, Spanish colonizers, and modern globalization.

Mexican culture is diverse and dynamic. Some notable cultural icons include mariachi music, traditional cuisine like tacos and mole, and colorful art and textiles.

Top Industries Mexico’s top manufacturing verticals include automotive, electronics, perishables, hitech and aerospace.

The country is the world’s fourth largest exporter of automobiles. Having plants of GM, Audi, BMW, Ford, Daimler, Nissan, Mazda, Volkswagen among others.

Mexico is also a major producer of oil, silver, and other minerals. Holding the first place of exporting beer, avocado, onions, tomato, asparagus, pepper, chili, tequila and strawberries.

Key Challenges and Opportunities

Mexico’s economy is the 2nd largest in Latin America with a young and growing population, strategic location, and diverse industries. However, corruption, organized crime, lack of infrastructure, and poverty remain major challenges. Among our main competitors are the top 25 Freight forwarders with operations in several locations.

LEMAN MEXICO Mexico is a prime investment destination due to its strategic location, skilled workforce, abundant natural resources, and stable economy. The country’s government has implemented businessfriendly policies and incentives, making it easier for foreign investors to do business.

Located in Querétaro México Legal name: LEMAN International Transport and Logistics S.A de C.V Adress: Blvd Bernardo Quintana 7000-B, Interior 2, Piso 14. Oficina 1406. Col. Centro Sur, Queretaro. Mexico. 76090 CEO: Carlos Alatorre Bautista Current Headcount: 3 Product Focus: OTR Crossborder & Domestic Ocean Freight FCL (Asia) both Import & Export Airfreight Import (Urgent express)

Thank you for taking the time to learn more about our Branch and opening in México.

We hope you found this information informative and useful.