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MEXICO
May 2015
INTERNATIONAL
SUPPORT
KIT OF
OPPORTUNITIES
The Country's Economic Context
Industry Structure
International Trade, Bilateral Trade with Portugal and Opportunities
Novo Banco Internationalisation Support
Contacts
ISKO Mexico
MEXICO
Business environment and key factors
Business environment
Ease of doing business
39/189
(Doing Business 2015 ranking)
Investor protection
Cross-border trade
Contract fulfilment
Economic Freedom
62/189
44/189
57/189
55/178
(Economic Freedom 2014 ranking)
Competitiveness
61/144
(Global Competitiveness Index 2014-2015 ranking)
Basic Requirements
Infrastructure
Institutions
69/144
65/144
102/144
Efficiency Enhancers
60/144
Innovations and Sophistication
59/144
Cosec (Risk group)
Mexico City
3
Grade 1 (lowest risk) to 7 (highest risk)
Double Taxation Convention with Portugal
Yes
Standard & Poor’s (Rating)
(AAA rating (lowest risk) to D (highest risk, default)
Long term debt in local currency
Long term debt in foreign currency
Outlook
A
BBB+
Stable
Capital: Mexico City
Official Language: Spanish
Population (Million): 118 .4 (2013)
Surface area: 1 958 thousandKm2
Time Zone: UTC -6 to -8
Currency: Mexican Peso (MXN)
Type of Government: Presidencialist Republic
Religion: Christianity (majority)
Sources: IMF, World Bank, COSEC, World Economic Forum, Global Heritage.
ISKO Mexico
3
MEXICO
Macroeconomic Indicators
2014
2015E
2016E
2017E
950.3
965.5
1 120.0
1 215.8
1 252.6
1.4
2.1
3.0
3.3
3.5
4.9
4.8
4.3
4.0
3.9
3.8
4.0
3.2
3.0
3.0
17.0
17.7
17.0
16.2
16.3
-2.4
-2.1
-2.2
-2.2
-2.3
-3.8
-4.6
-4.1
-3.5
-3.0
2013
GDP
Current prices
EUR billion
GDP real growth rate
Percentage
Unemployment Rate
Percentage of working population
Inflation Rate
Percentage
Exchange Rate
EUR/MXN
Current Account
Percentage of GDP
Fiscal Balance
Percentage of GDP
E
Estimates.
Sources: IMF, Bloomberg.
ISKO Mexico
4
MEXICO
Internacional Integration
ALADI – Latin American Integration Association
Seeks to gradually and progressively establish a Latin American
market by means of the implementation of a Preferential Regional
Tariff system.
www.aladi.org/
IADB – Inter-American Development Bank
Established in 1959, it is the largest source of development funds in
Latin America and the Caribbean, promoting a program of reforms
aimed at increasing the level of development in the region.
www.iadb.org/
NAFTA – North American Free Trade Agreement
Signed in 1992, and in force since 2004, NAFTA aims to gradually
and progressively eliminate (over a period of 15 years) customs
tariffs, border controls and other barriers to trade amongst its
members.
www.nafta-sec-alena.org/
APEC (Asia-Pacific Economic Cooperation)
Founded in 1989, APEC is an informal group, which has contributed
to the promotion of trade, foreign investment, technology transfer,
conservation of maritime resources and fisheries, and aims to create
a free trade zone amongst its members, by 2020.
www.apec.org/
Sources: AICEP, CIA, NB.
ISKO Mexico
5
The Country's Economic Context
Industry Structure
International Trade, Bilateral Trade with Portugal and Opportunities
Novo Banco Internationalisation Support
Contacts
ISKO Mexico
MEXICO
GDP Sectoral Structure
The weight of the mining and industrial sector in Mexico’s GDP stands out.
Breakdown of GDP by sector (2013)
Agriculture, forestry and
fisheries ; 3.5%
Other services ; 15.0%
Mining; 7.9%
Financial services
and
Manufacturing; 17.8%
insurance , 3.3%
Transport,
Warehousing , 6.4%
Accommodation and
restaurants ; 2.2%
Real estate services; 11.8%
Education, health and
information services ; 6.6%
Construction; 7.5%
Electricity, gas and water ;
1.7%
Distribution; 16.2%
Source: Instituto Nacional de Estadistica y Geografia.
ISKO Mexico
7
MEXICO
The economy’s sectoral structure (I)
The Mexican financial system is supervised by the Bank of Mexico, which is responsible for monetary
and foreign exchange policy, whereas the Comisión Nacional Bancaria y de Valores is the entity
responsible for supervising the banking system. The institutions that can render banking services are
the Banca Múltiple institutions (Retail Banking) and Banca de Desarrollo institutions (Development
Banks). BBVA Bancomer is the largest retail bank in Mexico, with a market share equal to 22.2%, in
March 2013 (by assets), followed by Banamex and Banorte.
Major banks operating in Mexico, 2013
Total Assets,
March 2013
(pesos, millions)
%
Net Profit,
March 2013
(pesos, millions)
Employees,
March 2011
BBVA Bancomer
1 341 033
22.2
13 703
26 636
Banamex1
1 180 547
19.6
3 929
34 546
Banorte
955 422
15.8
2 756
12 374
Santander
856 743
14.2
4 573
15 603
HSBC
531 298
8.8
921
19 627
Inbursa
341 331
5.7
73
1 943
Scotiabank Inverlat
210 185
3.5
999
9 570
FINANCIAL
SYSTEM
Sources: Asociacion de Bancos de México, Banco de México.
ISKO Mexico
1
Citigroup (acquired by Citigroup in 2001).
8
MEXICO
The economy’s sectoral structure (II)
In 2013, the mining sector represented around 7.9% of Mexican GDP, particularly
noteworthy being the contribution of the oil sector. In 2013, Mexico was the 10th largest oil
producer, the state-owned company, PEMEX – Petroleos Mexicanos, being one of the
largest in the world.
R/P1
(Years)
Oil production, 2013
(Millions barrels day)
11.5
10.8
OIL SECTOR
Mexico
Asia
ISKO Mexico
1
Europe &
Eurasia
14
23.4
1.8
Norway
2.0
Qatar
2.1
Brazil
2.3
Nigeria
2.6
Venezuela
2.9
Mexico
3.1
Kuwait
3.1
Iraq
3.6
Iran
3.6
UAE
3.9
Canada
China
USA
Russian Federation
Saudi Arabia
4.2
Source: BP Statistics.
10.6
10.0
North America
37.4
Africa
40.5
World
Middle East
53.3
78.1
Reserves-to-production ratio: number of years that known oil reserves are expected to last, given the current level of productions.
9
MEXICO
The economy’s sectoral structure (III)
Mexico is one of the leading producers of zinc, copper and silver. In 2012, mining sector GDP grew by
9.4%, one of the most dynamic sectors of the Mexican economy.
In that year, Mexico attracted around 6% of the total investment worldwide in the mining sector (4th
position worldwide), being the first destination of this kind of investment in Latin America.
Gold, silver and copper production represented 45% of Mexican mining production. Gold contributed 1.9%
to total Mexican goods exports.
Mining sector GDP, 2001-2012
(Annual growth rate, %)
Breakdown of investment in mining by
countries, 2012
9.4
MINING SECTOR
8.9
8.2
5.9
5.6
4.4
3.1
3.7
2.6
0.5
Outros
35%
Argentina
3%
Brazil
3% Russia China
3%
4%
Canada
16% Australia
12%
Chile
5%
Peru
5%
USA
8%
Mexico
6%
0
2001 2002 2203 2004 2005 2006 2007 2008 2009 2010 2011 2012
-1.4
Source: Direccion General de Minas Mexico.
ISKO Mexico
10
MEXICO
The economy’s sectoral structure (IV)
The automotive sector is a strategic sector of the Mexican economy, representing around 3% of GDP
and 18% of the manufacturing industry. In 2012, Mexico was the 8th largest produce of automobiles in
the world, having produced around 3 million vehicles, 80% of which were destined for the export market
(around 25% of total goods exports, in 2012). There are over one thousand automotive component
companies in Mexico. The sector is expected to continue to grow, in fact the forecast production for 2015
was achieved in 2012.
Worldwide production of motor vehicles, 2013
(Millions)
ranked 8th worldwide
22.1
America
Europe
9.6
3.1
2.5
2.5
Canada
3.7
Thailand
3.9
Mexico
4.5
Brazil
Germany
Japan
USA
China
5.7
India
11.0
South Korea
AUTOMOTIVE
SECTOR
Destination of Mexican vehicle exports,
20123
(Thousands)
1 580.3
123.2
Asia
64.4
Others
21.6
Africa
7.2
Sources: Proméxico, OICA, Asociación Mexicana de la Industria Automotriz, INGI, Comisión Económica para America Latina y el Caraibe (CEPAL).
ISKO Mexico
11
MEXICO
The economy’s sectoral structure (V)
In 2013, the tourism sector made a direct contribution of USD 74.7 billion, 5.9% of Mexican GDP,
and this sector contributes directly of 6.4% of total employment and is expected to grow by 4.4%, in
2014. In 2013, the total number of tourist arrivals reached 23.7 million, a CAGR of 1.6% between
2005 and 2013. Mexico is the 15rd most popular tourist destination worldwide with a share of world
tourism equal to 2.2%, in terms of tourist arrivals.
TOURISM
SECTOR
E
Estimates
Sources: World Tourism Organization, World Travel & Tourism Council.
ISKO Mexico
12
The Country's Economic Context
Industry Structure
International Trade, Bilateral Trade with Portugal and Opportunities
Novo Banco Internationalisation Support
Contacts
ISKO Mexico
MEXICO
International Trade – Partners
Mexico’s imports by country, 2013
Mexico’s exports by country, 2013
Ranking
Country
2013
(EUR Million)
Share
(%)
CAGR08-13
(%)
Ranking
Country
2013
(EUR Million)
Share
(%)
CAGR08-13
(%)
1
USA
141 349.4
50.7
6.5
1
USA
225 798.4
79.5
7.3
2
China
46 164.3
16.6
14.4
2
Canada
7 840.2
2.8
10.2
3
Japan
12 855.3
4.6
3.0
3
Spain
5 420.3
1.9
13.5
4
South Korea
10 157.9
3.6
2.0
4
China
4 868.6
1.7
28.5
5
Germany
10 133.8
3.6
3.4
5
Brazil
4 055.2
1.4
12.1
6
Canada
7 413.1
2.7
2.9
6
Colombia
3 564.9
1.3
11.6
7
Italy
4 231.5
1.5
3.6
7
India
2 869.5
1.0
22.0
8
Malaysia
4 049.5
1.5
5.0
8
Germany
2 856.4
1.0
-3.4
9
Brazil
3 327.9
1.2
-1.1
9
Japan
1 688.0
0.6
4.0
10
Thailand
3 253.7
1.2
16.7
10
Venezuela
1 622.3
0.6
0.7
…
…
…
…
…
…
…
…
…
…
42
Portugal
316.3
0.1
1.2
63
Portugal
47.1
0.0
-11.2
Source: UN Comtrade, DESA/UNSD.
ISKO Mexico
14
MEXICO
International Trade – Goods Imports and Exports
(World)
Mexico’s Top 10 imports, 2013
Mexico’s Top 10 exports, 2013
2013
(EUR Million)
Share
(%)
CAGR08-13
(%)
2710 - Petroleum Oils And Oils Obtained From
Bituminous Minerals (Excl. Crude); Preparations
Containing >= 70 % By Weight Of Petroleum Oils
19 069.0
6.6
6.0
8708 - Parts And Accessories For Tractors, Motor
Vehicles For The Transport Of Ten Or More Persons,
Motor Cars And Other For The Transport Of Persons
15 516.5
5.4
11.5
8517 - Telephone Sets, Incl. Telephones For Cellular
Networks Or For Other Wireless Networks; Other
Apparatus For The Transmission Or Reception Of Voice
11 337.6
4.0
7.8
8542 - Electronic Integrated Circuits; Parts Thereof
10 057.6
3.5
8529 - Parts Suitable For Use Solely Or Principally With
Transmission And Reception Apparatus For RadioTelephony, Radio-Telegraphy, Radio-Broadcasting,
7 193.7
8471 - Automatic Data-Processing Machines And Units
Thereof; Magnetic Or Optical Readers
2013
(EUR Million)
Share
(%)
CAGR08-13
(%)
2709 - Petroleum Oils And Oils Obtained From
Bituminous Minerals, Crude
32 223.8
11.3
1.8
8703 - Motor Cars And Other Motor Vehicles Principally
Designed For The Transport Of Persons
24 383.6
8.5
10.7
8708 - Parts And Accessories For Tractors, Motor
Vehicles For The Transport Of Ten Or More Persons,
Motor Cars And Other For The Transport Of Persons
15 449.4
5.4
14.1
11.6
8517 - Telephone Sets, Incl. Telephones For Cellular
Networks Or For Other Wireless Networks; Other
Apparatus For The Transmission Or Reception Of Voice
13 532.5
4.7
3.0
2.5
2.7
8704 - Motor Vehicles For The Transport Of Goods, Incl.
Chassis With Engine And Cab
13 220.0
4.6
21.7
6 649.4
2.3
12.9
8471 - Automatic Data-Processing Machines And Units
Thereof; Magnetic Or Optical Readers
13 100.1
4.6
21.3
8703 - Motor Cars And Other Motor Vehicles Principally
Designed For The Transport Of Persons
6 363.4
2.2
2.3
8528 - Monitors And Projectors, Not Incorporating
Television Reception Apparatus; Reception Apparatus
For Television, Whether Or Not Incorporating Radio-
12 563.9
4.4
-4.0
8536 - Electrical Apparatus For Switching Or Protecting
Electrical Circuits, Or For Making Connections To Or In
Electrical Circuits, E.G., Switches, Relays, Fuses, Surge
4 222.1
1.5
6.5
8544 - Insulated "Incl. Enamelled Or Anodised" Wire,
Cable "Incl. Coaxial Cable" And Other Insulated Electric
Conductors; Optical Fibre Cables
7 649.6
2.7
7.9
2711 - Petroleum Gas And Other Gaseous Hydrocarbons
4 192.2
1.5
-0.8
7108 - Gold, Incl. Gold Plated With Platinum, Unwrought
Or Not Further Worked Than Semi-Manufactured Or In
Powder Form
4 378.6
1.5
19.3
8473 - Parts And Accessories (Other Than Covers,
Carrying Cases And The Like) Suitable For Use Solely Or
Principally With Machines Of Heading 8469 To 8472,
4 182.5
1.5
16.3
2710 - Petroleum Oils And Oils Obtained From
Bituminous Minerals (Excl. Crude); Preparations
Containing >= 70 % By Weight Of Petroleum Oils
4 284.7
1.5
0.2
Products (H.S. 4)
Products (H.S. 4)
Source: UN Comtrade, DESA/UNSD.
ISKO Mexico
15
International Trade – Bilateral relations with
Portugal (I)
MEXICO
Portugal’s trade balance with Mexico, 2008, 2012 and 2013 (EUR millions)
Compound Annual Growth Rate (CAGR)
CAGR08-13 of exports = -1.4%
CAGR08-13 of imports = -10.7%
Surplus balance
EUR 142 million
In 2013,
549 companies
exported goods to Mexico
28th
(share: 0.4%)
231
215
212
59th
(share: 0.1%)
Exports Services
18
(9%)
165
+4.8%
129
197
73
2008
Exports of goods and services
2012
2013
2013
1 047
Goods
(91%) Imports
Services
13
(18%)
60
Goods
(82%)
2013
In 2012,
524 companies
exported goods to Mexico
Imports of goods and services
Ranking and share as Portugal customer and provider (goods)
Sources: INE, Banco de Portugal.
ISKO Mexico
16
MEXICO
International Trade – Bilateral relations with
Portugal (II)
Top 10 Portuguese imports from Mexico, 2013
Top 10 Portuguese exports to Mexico, 2013
2013
(EUR Million)
Share
(%)
CAGR08-13
(%)
11.7
19.6
200.8
6.2
10.4
n.a.
8544 - Insulated "Incl. Enamelled Or Anodised" Wire,
Cable "Incl. Coaxial Cable" And Other Insulated Electric
Conductors; Optical Fibre Cables
5.0
8.3
89.1
3904 - Polymers Of Vinyl Chloride Or Of Other
Halogenated Olefins, In Primary Forms
4.5
7.6
-1.0
0713 - Dried Leguminous Vegetables, Shelled, Whether
Or Not Skinned Or Split
3.6
6.0
8.2
2908 - Halogenated, Sulphonated, Nitrated Or Nitrosated
Derivatives Of Phenols Or Phenol-Alcohols
3.0
5.0
12.4
7208 - Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of
A Width >= 600 Mm, Hot-Rolled, Not Clad, Plated Or
Coated
2.0
3.3
n.a.
7217 - Wire Of Iron Or Non-Alloy Steel, In Coils (Excl. Bars
And Rods)
1.6
2.6
n.a.
3002 - Human Blood; Animal Blood Prepared For
Therapeutic, Prophylactic Or Diagnostic Uses; Antisera
And Other Blood Fractions And Modified Immunological
1.3
2.2
n.a.
8527 - Reception Apparatus For Radio-Broadcasting,
Whether Or Not Combined, In The Same Housing, With
Sound Recording Or Reproducing Apparatus Or A Clock
1.3
2.1
-15.2
Products (H.S. 4)
8103 - Tantalum And Articles Thereof, N.E.S.; Tantalum
Waste And Scrap (Excl. Ash And Residues Containing
Tantalum)
0307 - Molluscs, Fit For Human Consumption, Even
Smoked, Whether In Shell Or Not, Live, Fresh, Chilled,
Frozen, Dried, Salted Or In Brine; Flours, Meals And
2013
(EUR Million)
Share
(%)
CAGR08-13
(%)
23.8
12.1
-12.2
18.4
9.3
15.4
15.0
7.6
13.1
4503 - Articles Of Natural Cork
12.3
6.3
3.4
9027 - Instruments And Apparatus For Physical Or
Chemical Analysis, E.G. Polarimeters, Refractometers,
Spectrometers, Gas Or Smoke Analysis Apparatus;
10.9
5.5
n.a.
8.6
4.4
220.4
7.3
3.7
14.0
6.8
3.4
571.7
8544 - Insulated "Incl. Enamelled Or Anodised" Wire,
Cable "Incl. Coaxial Cable" And Other Insulated Electric
Conductors; Optical Fibre Cables
6.2
3.2
33.6
6302 - Bedlinen, Table Linen, Toilet Linen And Kitchen
Linen Of All Types Of Textile Materials (Excl. Floorcloths,
Polishing Cloths, Dishcloths And Dusters)
5.5
2.8
7.8
Products (H.S. 4)
2901 - Acyclic Hydrocarbons
8527 - Reception Apparatus For Radio-Broadcasting,
Whether Or Not Combined, In The Same Housing, With
Sound Recording Or Reproducing Apparatus Or A Clock
8480 - Moulding Boxes For Metal Foundry; Mould Bases;
Moulding Patterns; Moulds For Metal (Other Than Ingot
Moulds), Metal Carbides, Glass, Mineral Materials,
4802 - Uncoated Paper And Paperboard, Of A Kind Used
For Writing, Printing Or Other Graphic Purposes, And NonPerforated Punchcards And Punch-Tape Paper
8708 - Parts And Accessories For Tractors, Motor
Vehicles For The Transport Of Ten Or More Persons,
Motor Cars And Other For The Transport Of Persons
8414 - Air Or Vacuum Pumps (Excl. Gas Compound
Elevators And Pneumatic Elevators And Conveyors); Air
Or Other Gas Compressors And Fans; Ventilating Or
Sources: INE, Banco de Portugal.
ISKO Mexico
17
MEXICO
Goods export opportunities (I)
Set of products (goods) identified as needs (imports) of Mexico for which Portugal has production and
export capacity, thus representing opportunities to increase the volume of Portuguese exports to Mexico.
Top 10 export opportunities to Mexico
8537 - Boards, Panels, Consoles, Desks, Cabinets And Other Bases
4016 - Articles Of Vulcanised Rubber (Excl.
Hard Rubber)
3920 - Plates, Sheets, Film, Foil And Strip, Of Non-Cellular
Plastics, Not Reinforced, Laminated, Supported Or Similarly
Combined With Other Materials
8536 - Electrical Apparatus For Switching Or Protecting
Electrical Circuits
9401 - Seats, Whether Or Not Convertible Into Beds, And
Parts Thereof, N.E.S. (Excl. Medical, Surgical, Dental Or
3901 - Polymers Of Ethylene, In Primary Forms
8544 - Insulated Wire, Cable "Incl. Coaxial Cable";
Optical Fibre Cables
7318 - Screws, Bolts, Nuts, Coach Screws, Screw Hooks,
Rivets, Cotters, Cotter Pins, Washers, Incl. Spring
3923 - Articles For The Conveyance Or
Packaging, Of Plastics; Stoppers, Lids, And Caps
8479 - Machines And Mechanical Appliances
Having Individual Functions, Not Specified Or
Sources: UN Comtrade, DESA/UNSD, NB.
ISKO Mexico
18
MEXICO
Goods export opportunities (II)
Top 10 export opportunities to Mexico
(Amount and rank of Mexico world imports)
2013
(EUR Million)
Rank 2013
Share 2013
(%)
Annual growth
2012-2013 (%)
CAGR10-13
(%)
8536 - Electrical Apparatus For Switching Or Protecting Electrical Circuits
4 222.1
8
1.5
6.7
9.6
8544 - Insulated Wire, Cable "Incl. Coaxial Cable"; Optical Fibre Cables
4 032.9
11
1.4
11.4
11.3
8479 - Machines And Mechanical Appliances Having Individual Functions, Not Specified Or
Included Elsewhere In This Chapter
1 854.2
26
0.7
16.2
14.2
3923 - Articles For The Conveyance Or Packaging, Of Plastics; Stoppers, Lids, And Caps
1 748.1
29
0.6
1.4
6.2
7318 - Screws, Bolts, Nuts, Coach Screws, Screw Hooks, Rivets, Cotters, Cotter Pins, Washers,
Incl. Spring Washers
1 726.5
30
0.6
2.3
13.4
3901 - Polymers Of Ethylene, In Primary Forms
1 646.3
33
0.6
6.1
9.7
9401 - Seats, Whether Or Not Convertible Into Beds, And Parts Thereof, N.E.S. (Excl. Medical,
Surgical, Dental Or Veterinary Of Heading 9402)
1 481.5
40
0.5
20.5
18.7
3920 - Plates, Sheets, Film, Foil And Strip, Of Non-Cellular Plastics, Not Reinforced, Laminated,
Supported Or Similarly Combined With Other Materials
1 305.7
42
0.5
0.7
13.0
8537 - Boards, Panels, Consoles, Desks, Cabinets And Other Bases
1 097.8
50
0.4
17.4
18.3
4016 - Articles Of Vulcanised Rubber (Excl. Hard Rubber)
1 064.6
53
0.4
0.5
14.2
Products (H.S. 4)
Sources: UN Comtrade, DESA/UNSD, NB.
ISKO Mexico
19
MEXICO
Goods export opportunities (III)
Cloud of Export Opportunities to Mexico
Machinery and appliances
Chemicals
Agricultural and food
8409 - Parts Suitable For Use Solely Or Principally
With Internal Combustion Piston Engine O
3004 - Medicaments
1509 - Olive Oil And Its Fractions Obtained By
Mechanical Or Other Physical Means
8481 - Taps, Cocks, Valves And Similar Appliances
For Pipes, Boiler Shells, Tanks, Vats
3208 - Paints And Varnishes, Incl. Enamels And
Lacquers, Based On Synthetic Polymers Or Chem
1702 - Other Sugars, Incl. Chemically Pure Lactose,
Maltose, Glucose And Fructose, In Solid
8511 - Electrical Ignition Or Starting Equipment Of A
Kind Used For Spark-Ignition Or Compre
2902 - Cyclic Hydrocarbons
0203 - Meat Of Swine, Fresh, Chilled Or Frozen
8480 - Moulding Boxes For Metal Foundry; Mould
Bases; Moulding Patterns
0407 - Birds' Eggs, In Shell, Fresh, Preserved Or
Cooked
0402 - Milk And Cream, Concentrated Or Containing
Added Sugar Or Other Sweetening Matter
Clothing and Footwear
Plastic, Rubber Products
Wood, Cork, Cellulose Pulp and Paper
6109 - T-Shirts, Singlets And Other Vests, Knitted
Or Crocheted
4011 - New Pneumatic Tyres, Of Rubber
4409 - Wood, Incl. Strips And Friezes For Parquet
Flooring, Not Assembled, Continuously Shap
6403 - Footwear With Outer Soles Of Rubber,
Plastics, Leather And Uppers Of Leather
4014 - Hygienic Or Pharmaceutical Articles, Incl.
Teats
4804 - Uncoated Kraft Paper And Paperboard
6203 - Men'S Or Boys' Suits, Ensembles, Jackets,
Blazers, Trousers, Bib And Brace Overalls,
3922 - Baths, Shower-Baths, Sinks, Washbasins,
Bidets, Lavatory Pans, Seats And Covers, Flus
4819 - Cartons, Boxes, Cases, Bags And Other
Packing Containers, Of Paper, Paperboard, Cellu
5903 - Textile Fabrics Impregnated, Coated,
Covered Or Laminated With Plastics (Excl. Tyre C
4410 - Particle Board, Oriented Strand Board "Osb"
And Similar Board "E.G. Waferboard" Of Wo
Sources: UN Comtrade, DESA/UNSD, NB.
ISKO Mexico
20
The Country's Economic Context
Industry Structure
International Trade, Bilateral Trade with Portugal and Opportunities
Novo Banco Internationalisation Support
Contacts
ISKO Mexico
MEXICO
Novo Banco Internationalisation Support (I)
At Novo Banco we support your internationalisation through the International
Premium Unit.
This Unit is composed of an experienced team of relationship managers, organized
by Geographical Desks.
5 Geographical desks
geográficos
Africa
Developed Markets &
China
Eastern Europe, Ásia &
Middle East
 Knowledge of how to do business in the main
markets;
 Relationship with local players;
 Knowledge of national development
programmes;
Latin America
 Participation in fairs and entrepreneurial
North Africa & Turkey
ISKO Mexico
missions in the local markets.
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MEXICO
Novo Banco Internationalisation Support (II)
We are present with solutions in all the phases of the process:
1. Knowledge
Fine Trade: identification of potential markets.
3. Foreign Trade
A team with recognized experience to support
your foreign trade operations.
In 2014, 28% of Trade Finance transactions
passed through Novo Banco*.
2. Business Development
 Identification of local counterparts through
the Group’s network of Banks, partner Banks;
Diplomatica Network or International Chambers
of Commerce;
4. Investment
 Structuring, implementation and monitoring of
operations with local correspondents.
 Funding for investment with Development
Banks and Multilateral entities.
 Client Referrals;
 Organization of Entrepeneurial Missions.
ISKO Mexico
* Trade Finance Market Share as
of December 2014.
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The Country's Economic Context
Industry Structure
International Trade, Bilateral Trade with Portugal and Opportunities
Novo Banco Internationalisation Support
Contacts
ISKO Mexico
International Premium Unit
Head
Desk Latin America
ISKO Mexico
Marta Mariz
[email protected]
Pedro Silva
International Business
[email protected]
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Disclaimer
This document was prepared by NOVO BANCO and/or any of its subsidiaries and is intended solely for release by NOVO BANCO to qualified investors. Its use is restricted to qualified investors, and their
representatives.
All information contained in this document was compiled in good faith by NOVO BANCO, using sources of public information considered reliable, although its accuracy cannot be guaranteed. Accordingly, with the
exception of information about NOVO BANCO makes no representation as to the accuracy or completeness of such information.
The opinions expressed in this document reflect NOVO BANCO’s point of view as of the date of its release and may be subject to change without prior notice. NOVO BANCO does not assure the update of this
document.
This document is not a research report, neither represents any kind of advisory, nor is an offer to buy or sell or intends to solicit an order to buy or sell. The prices of any instruments described in this document are
indicative prices only and do not constitute firm bids or offers. NOVO BANCO may choose to make a market for any instruments referred in this document, but are not obliged to do so. Any such market-making
activities may be discontinued at any time without notice. The prices of any financial instruments described in this document are indicative prices only and do not constitute firm bids or offers.
NOVO BANCO may trade for their own account or of their clients any instruments that may be referred to in this document, as well as they may have any business relationship with the entities referred on it. NOVO
BANCO may act as market-makers of any instruments referred to in this document, although they are not obliged to do so and, if they do it, they may terminate that activity at any moment. NOVO BANCO may act
as placement agent, advisor, lender or in other capacities in with respect to financial instruments or issuers referenced in this document.
NOVO BANCO may trade for its own account and may also engage in securities transactions in a manner inconsistent with this document and with respect to financial instruments covered by this document.
NOVO BANCO has no obligation to update, modify or amend this document or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth
herein, changes or subsequently becomes inaccurate. Prices and availability of financial instruments are also subject to change without notice. This document is provided for informational purposes only. NOVO
BANCO will not accept any responsibility for any loss resulting from the use of the information or opinions referred in this document.
The financial instruments discussed in this document may not be suitable for all investors and investors must make their own investment decisions using their own independent advisors as they believe necessary
and based upon their specific financial situations and investment objectives. If a financial instrument is denominated in a currency other than an investor’s currency, a change in exchange rates may adversely affect
the price or value of, or the income derived from the financial instrument, and such investor effectively assumes currency risk. In addition, income from an investment may fluctuate and the price or value of financial
instruments described in this document, either directly or indirectly, may rise or fall. Furthermore, past performance is not necessarily indicative of future results.
The financial instruments discussed herein may be subject to restrictions with regard to certain persons or in certain countries under national regulations applicable to said persons or in said countries. It is each
investor’s responsibility to ensure that it is authorized to invest in those financial instruments.
This document is confidential and addressed to a restricted number of entities. If you are not an addressee of this document, you should immediately destroy it. The dissemination or copy, in total or in part, of this
document is not allowed.
Additional information is available upon request.
Additional disclosures for US persons
The enclosed document does not constitute any kind of research report or any kind of offer to sell any of the financial instruments discussed herein, nor is it soliciting an offer to buy such financial instruments. The
financial instruments issued by Companies that may be discussed herein may be subject to restrictions with regard to certain persons or in certain countries under national regulations applicable to said persons or in
said countries. It is each investor’s responsibility to ensure that it is authorized to invest in those securities.
The financial instruments discussed in this material may not be suitable for all investors. Investors should make their own assessment of the risks from a legal, tax and accounting perspective prior to investing in
such products. Past performance is no guarantee to future performance.
This document is being distributed to, and is intended solely for the use of, institutional investors. Notwithstanding the generality of the preceding sentence, this document is intended solely for the use of the
institutional investor to which it has been sent by NOVO BANCO and such recipient’s agents, employees, advisors and representatives. If you have received this document in error, you are urged to destroy it or
return it immediately to NOVO BANCO.
The prices of any financial instruments described in this document are indicative prices only and do not constitute firm bids or offers. NOVO BANCO or its affiliates may choose to make a market for any such
financial instruments, but neither NOVO BANCO nor any of its affiliates has an obligation to do so. Any such market-making activities may be discontinued at any time without notice. Certain information contained in
this document has been derived from public sources that NOVO BANCO deems to be reliable. Neither NOVO BANCO nor any of its affiliates, however, have independently verified such publicly available
information nor do they take responsibility for its accuracy or completeness.
Any U.S. person receiving this document and wishing to effect transactions in any financial instruments discussed herein should do so, if applicable, through NOVO BANCO and not through any non-U.S. affiliate of
NOVO BANCO.
ISKO Mexico
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