Business Opportunities and Potential of the Mexico-Singapore Relationship

Join this webinar and hear from experts about the relation Singapore-Mexico and the potential that this represents to your business.

Key Facts:

Mexico Population: 130 million

GDP: US$1.221 trillion (World Bank 2018)

Trade and investment cooperation between Singapore and Mexico has grown in recent years, with bilateral trade in 2018 amounting to S$4.7 billion, making Mexico Singapore's second-largest trading partner in Latin America.

Mexico is the second largest economy in Latin America with a large domestic market consumption. It has a highly efficient manufacturing and distribution centre where many European and Asian companies access to other countries in the Americas.

Both countries are members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership "CPTPP". On December 30, 2018 the CPTPP entered into force between Singapore and Mexico (and other 4 member countries: Canada, Australia, Japan, New Zealand).

Mexico has a number of FTA in the region that supports the movement of capital in distribution of services and goods, such as member of the NAFTA and Pacific Alliance. Mexico's FTAs allow its manufactures duty free access to 60% of the world economy.