- Monterrey, a city of approximately 3.8 million people, was named by Fortune magazine as the best city in Latin America in which to do business.
- Some 13,000 companies in Monterrey produce 9.4 percent of Mexico's manufactured products.
- If you exclude the telecom and oil monopolies (Telmex and Pemex), Monterrey controls more than half of Mexico’s total industrial assets.
- The GDP of the State of Nuevo Leon is USD 48 billion. The total GDP of the seven states covered by the Monterrey office is approximately USD135 billion, which is higher than the GDP of Venezuela, Colombia, and Chile.
- Imports into these seven states are very high due to the area's strong manufacturing base, and geographical proximity to the U.S. Imports are estimated at USD 20 billion in goods alone, approximately 74% of which are of U.S. origin. This figure exceeds total imports into Argentina, Chile, Colombia and Venezuela. Local reps cover this territory, exposing your product to this important manufacturing base.
- With more than 30,000 firms, Nuevo Leon is the production
leader in many important sectors of the Mexican economy
controlling:
75% of the national production of glass containers
60% of national cement production
60% of national, artificial, and synthetic fiber production
50% of national beer production
50% of national ceramics production
40% of the national production of basic steel
40% of household appliances
Recognize any of these names?
American Express, Amway, Baker & McKenzie, Bank of America,
Carrier, Caterpillar, Chrysler, Donnelly, GE, GM, Honeywell, IBM,
John Deere, JC Penney, Kohler, Korn/Ferry International, KPMG,
Kimberly Clark, Lucent, Mary Kay Cosmetics, Pinkerton, Price
Waterhouse Coopers, Trane, Toyota, Visteon, Wayerhaeuser, York
They are already doing business in Nuevo Leon. Can your company afford to miss out on this important market?
For more information on how to increase YOUR sales in
Monterrey please contact:
Commercial Service Monterrey
E-mail: yazmin.rojas@ mail.doc.gov
Phone: 011-52-818-343-4450
Fax: 011-52-818-342-5172
Upcoming Trade Events
Expo Manufactura 2008; March 4 - 6, 2008; Monterrey, N.L.
Mexico's premier manufacturing show, held in Monterrey, the "Industrial Heart of Mexico" and home to more than 13,000 manufacturers. This will be the 14th edition of Mexico's largest metalworking/manufacturing exhibition featuring machine tools, automation and assembly technology, CAD/CAM, robotics, software, coil winding, and welding technologies.
For more information, please contact Ernesto de Keratry.
CompuShow 2008; March 4 - 6, 2008; Monterrey, N.L.
Monterrey’s fastest growing IT show. On its third edition, Compushow has partnered with the most important governmental organizations and Mexican IT and computer technologies associations. CompuShow 2008 is open to internacional exhibitors and targets both agents/distributors and end users, making it an ideal event for those looking to access to the Mexican market.
For more information, please contact Yazmin Rojas.
PAACE Automechanika Mexico 2008; July 9 - 11, 2008; Mexico City
The Pan-American Automotive Accessories/Components Expo (PAACE) is the leading automotive parts industry trade event in Mexico. Automobile supplies and care products - Automobile replacement parts - Original equipment parts - On-road support and rescue - Organization, storage and construction - Automotive parts - Accessories, tuning parts, specialty gear, performance lines and high-end - Corrosion protection and body repair - and a full line of remanufactured parts, cores and components.
For more information, please contact Ernesto de Keratry.
Upcoming Webinars to Increase Your International Sales
Getting Paid by Your Mexican Buyer; February 13, 2008; 1:00 pm EST
US exporters are losing sales to Mexican buyers because they are demanding payment either by Confirmed Letter of Credit or Cash In Advance. While it is prudent for US exporters to insist on secure payment terms, it pays for them to consider the broad variety of payment terms available to them in order to be as competitive as possible. The purpose of this webinar is to identify the main financing and payment mechanisms available to support US exporters selling to Mexico and to understand the costs, and advantages and disadvantages of each mechanism.
For more information, please contact Yazmin Rojas.
Upcoming Mexican Buyer Delegations to the U.S.
The International Poultry Expo; January 22-25, 2008; Atlanta, GA
This expois the networking hub of the world for the poultry
industry! Every segment of the poultry and egg industry is
represented: feed milling, live production, hatchery, processing,
further processing, packaging, commercial egg, marketing, and all
support activities
In 2007 International Poultry Show had:
. Top U.S. Broiler Companies Visiting IPE 2007
. Thirty-three of the top 38 companies in the United
States were represented
. Top U.S. Turkey Companies Visiting IPE 2007
. Of the top 26 companies, 22 were represented at the
show; 14 of the top 15 were represented
. Top U.S. Egg Companies Visiting IPE 2007
. Of the 63 egg companies in the United States with over 1
million layers, 39 were represented at the show
For more information, please contact Manuel Velazquez.
Graphics of the Americas (GOA); February 27, 2008; Miami Beach, FA
Exhibition:
February 28 - March 1, 2008
Conferences:
February 27 - March 1, 2008
It is the second largest graphic communications show in the United States. Graphics of the Americas growth in show size has been reflected in the addition of globally recognized exhibitors, continued introduction of new presses and its co-location with the world’s best source of education, information and solutions for traditional and digital printing, Xplor Global Document Exchange Conference. Everything needed to maximize a company’s efficiency and profitability has been set up on the GOA show floor. Graphics of the Americas is a futuristic event. It combines a 33 year old, proven, buyer-attracting international trade show with an established 27year educational conference, captivating the attention of decision makers worldwide.
For more information, please contact Manuel Velazquez.