British Columbia and Mexico
Mexico is among the 15 largest economies in the world and the second-largest economy in Latin America. The country possesses one of the most open markets globally and holds 13 free-trade agreements that span 50 countries. B.C. and Mexico maintain strong economic ties through the CUSMA and CPTPP trade agreements, acting as an underlying foundation for trade. As a large and diverse market with a growing urban middles class, a skilled workforce and ample infrastructure, there is growing trade and investment opportunity across many sectors in Mexico.
Trade & Investment Highlights
- B.C. exports to Mexico totaled $179 million in 2022, a 79% increase from 2021. The most important manufacturing sectors in Mexico are automotive, aerospace, medical devices, electronics, appliances, and pharmaceuticals.
- The Canada-United-States-Mexico Agreement (CUSMA) between Canada, the United States and Mexico is the largest free trade region in the world, further strengthening B.C. and Mexico’s economic ties.
- The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) between Canada and Mexico allows for free trade opportunities.
- B.C. maintains an economic presence in Mexico through a recently opened office in Mexico City and close collaboration with the Canadian Trade Commissioner Service team, located in Mexico City, Guadalajara and Monterrey.
Mexico at a Glance
Monetary figures are in USD
Opportunity for Foreign Investors and B.C. Exporters
Trade & Investment Resources
For B.C. Businesses
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How We Help
- Assist in commercial location identification and site selection.
- Provide information on transportation infrastructure and logistics gateways.
- Offer introductions to sector associations, industries and provide cluster insight.
- Facilitate understanding and solutions for talent, skilled workforce and labour mobility
- Facilitate engagement with professional advisors on legal, compliance and tax matters
- Help navigating and offering referrals within government agencies on First Nations, business and regulatory processes.
- Identify high potential investment opportunities and offer industry insight.
- Introductions to sector associations and local industry contacts.
- Introductions to companies seeking investments to expand.
- Provide knowledge on local innovation hubs and connections to entrepreneurial opportunities.
- Introductions to local venture capital networks.
- Market entry assistance in international markets.
- Match buyers and sellers in local and foreign markets.
- Validate the potential of products in new international markets.
- Assist in navigating government export programs and financial supports.
- Strategic introductions to prospective buyers and partners in foreign markets.
- Participate in relevant international trade missions and events, and inbound buyer visits.
- Provide insight and advice on how to leverage trade agreements and overcome trade barriers.
- Enable access to trade representatives in foreign markets for on-the-ground assistance.
- Advice and coaching on how to prepare for successful export development and market entrance.
Trade & Investment Offices in Mexico
- Mexico
Mexico
Our team connects incoming investors and businesses to opportunities, provides insights into doing business in British Columbia.
B.C. maintains an economic presence in Mexico through a recently opened office in Mexico City and close collaboration with the Canadian Trade Commissioner Service team, located in Mexico City, Guadalajara, and Monterrey.
Mexico Office:
Embassy of Canada to Mexico
Schiller No. 529
Col. Polanco
11560 Mexico City, Mexico
Contact our Trade and Investment Representatives. Our team welcomes your inquiries:
Managing Director
Senior Commercial Officer
Connect With Our International Network
Our Trade and Investment Representatives can help you establish the right connections, participate in events and tradeshows, explore programs and initiatives, and more. Connect with an expert near you.