Market Research In Mexico

Mexico Profile:

  • Mexico, officially the United Mexican States is a federal republic in the southern portion of North America.
  • Mexico has the fifteenth largest nominal GDP and the eleventh largest by purchasing power parity.
  • Mexico ranks first in the Americas and seventh in the world by number of UNESCO World Heritage Sites. Mexico is a megadiverse country, ranking fourth in the world by biodiversity.
  • Mexico is a member of the United Nations, the World Trade Organization, the G8+5, the G20, the Uniting for Consensus and the Pacific Alliance.
  • Mexico has become the US’ second-largest export market and third-largest source of imports and has free trade agreements with 46 countries, putting more than 90% of trade under free trade agreements.

Mexico Economy:

  • Mexico is classified as an upper-middle income country by the World Bank. Mexico’s economy has become increasingly oriented toward manufacturing.
  • Per capita income is roughly one-third that of the US; income distribution remains highly unequal.
  • The Mexican economy is strongly linked to those of its North American Free Trade Agreement (NAFTA) partners, especially the United States.
  • Over the medium-term, the economy is vulnerable to global economic pressures, such as lower external demand, rising interest rates, and low oil prices – approximately 10% of government revenue comes from the state-owned oil company, PEMEX.
  • Mexico’s current government has emphasized economic reforms, passing and implementing sweeping energy, financial, fiscal, and telecommunications reform legislation, among others, with the long-term aim to improve competitiveness and economic growth across the Mexican economy.

Mexico Facts:

  • Population: 124.6 million
  • Capital: Mexico City
  • Largest city: Mexico City
  • Area: 1,964,375 sq km
  • Major language: Spanish only 92.7%, Spanish and indigenous languages 5.7%
  • Major religion: Roman Catholic 82.7%, Pentecostal 1.6%, Jehovah’s Witness 1.4%, other Evangelical Churches 5%, other 1.9%
  • Life expectancy: 73.3 years (Male), 79 years (Female)
  • Monetary unit: 1 Mexican Peso(Mex$, MXN) = 100 Centavos
  • Main exports: Manufactured goods, oil and oil products, silver, fruits, vegetables, coffee, cotton
  • GNI per Capita: $17,760

Our Market Research Services in Mexico:

We Employ A Wide Range of Research Techniques in Mexico:

How Can We Help You?

Contact us at Global Vox Populi and submit a business inquiry online.

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