The forwarder company Smart Logistics is an effective ally in import and export traffic with Mexico. This was confirmed during the training day held at the Consulate of the North American country in Barcelona, where the Consul Claudia Pavlovich welcomed the participants. The meeting was attended by Spanish companies with large commercial exchanges with Mexico, who were able to share experiences and knowledge regarding traffic on this route.
The conference, which was also attended by representatives from the port of Barcelona, served to discuss the main operational processes required from both Mexico and Spain. The subject of customs processes and documentation was also discussed. In summary, the importance of having practical and efficient information as a first step to start successful operations in the medium and long term was noted.
One of the biggest economies in Latin America
Antonio Durán, Managing Director of Smart Logistics, highlighted during his speech that “in a constantly evolving international trade scenario, Smart Logistics is developing and presenting itself as an integral partner, as a strategic partner, for companies that want to grow in different international markets, offering tailor-made logistics solutions”.
Mexico, with a population of 127 million people, ranks 14th in the ranking of world economies, is the leading exporter in Latin America (42% of the region’s total) and holds fifth place in terms of territorial extension on the American continent. At present, 1,697 Catalan companies export constantly to Mexico. By sector, vehicles, machinery, perfumery and cosmetics stand out. They represent 35.7% of Spain’s total exports to the country. As for imports, the chapters on vehicles, organic chemical products and fish stand out.
The US-China trade conflict is a win-win situation for the country
The economic war between the US and China, especially since COVID-19, is benefiting Mexico in terms of trade and investment. In this scenario, the country is emerging as an attractive destination thanks to its geographical proximity to the US market and its well-established manufacturing infrastructure. This trend, as evidenced during the conference, is generating a greater demand for production capacity in the Latin American country (nearshoring).
In the coming years, according to data from the International Monetary Fund (IMF), Mexico’s development will be concentrated precisely on exports of goods and services.