From Mexico to the world: What should I export?
Mexico is becoming more and more involved in international trade, and the country is seeking ways to incentivize exports in order to increase competitiveness for its companies and improve the standard of living for its people.
So if you are looking to expand your business and make your products known in other countries… what are you waiting for? Take the leap and begin exporting your goods—we promise that you’ll be making the right decision. However, before you embark on this new adventure, we suggest that you read on to learn more about the industries that are enjoying upward global trends and the opportunities your business may have to grow in other countries.
International market trends
Give Green a Chance. Although organic products are often more costly than conventional ones, the worldwide popularity of eco-friendly goods means that people are consuming these products more and more. In the European Union alone, the organic market is valued at 12.75 billion USD; Germany is considered to have the highest development potential in this area. Coffee and natural honey are the products in highest demand; Germans are willing to pay 20 to 70% extra for organic versions of these goods.
Herbal Remedies and more. Along these same lines, another growing global market is medicinal plants. Herbs such as chamomile, mimosa tenuiflora (known as tepezcohuite in Mexico and other countries), arnica, and valerian that grow in Mexico help to defend us against our Chinese competitors for exports.
Flavors of Mexico. Mexican food would undoubtedly not be the same without its incomparable spiciness, which has traveled across borders to become a focal point in Colombia, Venezuela, and some Asian and Arabic countries.
Made by Hand. The talents of Mexican artisans are widely recognized and valued around the world, making this a very attractive and promising market for exports as well. Countries with high demand for Mexican handicrafts are: Australia, Canada, Colombia, Germany, Italy, Spain, and the United States. Pottery and ceramics are the most highly requested handmade products.
It’s Electric. Cables, connectors, switches, and other products in the electricity industry are a potential billion dollar market for exports. Arabic countries are an excellent place to do business in this industry.
Floriculture. Although countries such as France, Germany, Italy, and the Netherlands are the world’s main producers of flowers, the increasing demand for flowers from Mexico is opening many possible opportunities abroad. Foliage is the most requested type of plant, especially in countries such as Canada and Japan.
What does Mexico have to offer the world?
Manufacturing: vehicles, auto parts, electronic devices, medical instruments and equipment.
Energy: oil and petroleum products (natural gas, lubricants and oils, coal).
Food and agriculture: fruits and vegetables always present an excellent opportunity for exporting to other countries. The products in highest demand are tomatoes, chili peppers, avocados, onions, strawberries, raspberries, mangoes, coffee, tequila, malt beer, and of course chocolate (cacao).
Now that you are familiar with the most competitive industries in global trade, don’t wait another minute… get out there and market your business to the rest of the world!