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 the support of ten Canadian Embassies and Consulates and three Trade Commissioner offices.

Mexico at a Glance

Monetary figures are in USD

Opportunity for Foreign Investors and B.C. Exporters

Mexico Top Industries (2018-2023)

Industries for Outward Investment
Investment Opportunities in Canada: Metals

Metals
Investment Opportunities in Canada: Communications

Communications
Investment Opportunities in Canada: Food & Beverages

Food & Beverages

Source: FDI Markets

Import Industries
(by value)
Investment Opportunities in Canada - Electrical Machinery Equipment

Electrical Machinery & Equipment
Investment Opportunities in Canada: Machinery

Machinery & Mechanical Appliances
Investment Opportunities in Canada: Mineral Fuels & Oils

Mineral Fuels & Oils

Source: International Trade Centre

Fastest Growing Import Opportunities
Investment Opportunities in Canada: Miscellaneous Chemical Products

Miscellaneous Chemical Products
Investment Opportunities in Canada: Iron & Steel

Iron & Steel
• Investment Opportunities in Canada: Grains (Cereals)

Cereals

Source: International Trade Centre

BC Export Industries to Market
Investment Opportunities in Canada: Paper & Paperboard

Paper & Paperboard, Paper Products
Investment Opportunities in Canada: Mineral Ores, Slag & Ash

Mineral Ores, Slag & Ash
Investment Opportunities in Canada: Wood Products

Wood Products

Source: BC Stats, data sourced from Statistics Canada

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.
  • Assist in navigating government export programs and financial supports.
  • Advice and coaching in international expansion and exporter development.
  • Support Team BC missions and trade events.
  • Match buyers and sellers in local and foreign markets.
  • Provide insight on trade agreements and barriers.
  • Introductions to trade representatives in foreign markets.
  • Market entry assistance in international markets.

Trade & Investment Offices in Mexico

Vancouver

International businesses are discovering the advantages of British Columbia’s open and diversified economy.  Located in downtown Vancouver, our team connects incoming investors and businesses to opportunities, provides insights into doing business in British Columbia and exporting from British Columbia to key markets.

Whether you want to invest in British Columbia, locate your business here, or bring your B.C. products and services to the global market, our British Columbia-based sector and market specialists can provide confidential and knowledgeable advice.

British Columbia Office:
Trade and Invest BC 
Suite 730, 999 Canada Place
Vancouver, BC  V6C 3E1
Canada

+1 604-775-2100

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.