This is a best prospect sectors for this market, Includes a market overview and trade data.
Mexico offers an extraordinary range of sectors that represent opportunities for U.S. exporters. From 21 leading-prospect sectors, the U.S. Commercial Service Mexico has identified six clusters of these sectors that represent a high priority for U.S. Government support for export promotion and market access.
- Energy. This priority cluster combines oil & gas, renewables, and electricity, each of which has a best prospect summary below. For 2020, there remain a number of ongoing oil & gas and clean energy projects. However, there is also growing uncertainty about the direction of the sector and the role of the private sector in it.
- Infrastructure/Construction. Please see our sections on construction and transportation infrastructure. The López Obrador Administration has several infrastructure projects requiring design and construction—from ports and airports to rail, refineries, and natural gas pipelines.
- ICT/Digital Technologies. In our best prospect sections, we have overviews for the internet/IT and telecommunications sectors. There is continuing modernization of ICT in Mexico, with U.S. firms introducing new financial technology (FinTech) and cybersecurity technologies.
- Aerospace/Defense. Mexico’s civilian aerospace market is huge, with nearly 50 percent U.S. share. The country is the largest market for U.S. defense products, equipment, and services in Latin America, and Mexico has one of the most dynamic aerospace sectors in the world. Please see our Aerospace and Safety & Security sections for more information.
- Industrial Materials. The growth of advanced manufacturing in Mexico, together with heightened interest in product quality and productivity, are generating demand for diverse industrial materials, systems, and services.
- Automotive. The auto sector is anticipating new auto supply chain opportunities and inward investment resulting from the U.S.–Mexico–Canada Agreement (USMCA).