Official websites use. Share sensitive information only on official, secure websites. This section reviews several different factors in selecting and managing your distribution and sales in Mexico. The Mexican market is a challenging environment for retail sales, with the proliferation of interest-free financing offers meses sin intereses or MSI , mobile retailing, and continued company activity in the form of mergers, acquisitions, and expansions.
Meanwhile, online shopping in Mexico is anticipated to more than double by to nearly USD 18 billion, with the major global eCommerce players moving into high gear following the recession.
These projections have not been updated for a post COVID environment in which growth of online shopping may be even larger than originally forecast. Key players continuing to vie for a bigger stake in this eCommerce market are Mercado Libre, Amazon, Walmart, and Alibaba. The Argentina-based Mercado Libre is by far the most popular online retailer in the region, with operations in 18 markets.
The official database of Mexican importers features approximately 3, import firms as of December the most recent year for which figures are available. Mexico is a large market to cover, whether for distribution or for sales channels. The U. Commercial Service in Mexico recommends that U. Mexico is a leading global logistics center, in large part based upon its 13 trade agreements with 50 countries. Shipping logistics work well in Mexico, though not without some concerns.
Transportation logistics services are expensive in Mexico, representing eight to 15 percent of product costs, compared to five to seven percent in the United States. The Government of Mexico GOM seeks to reduce transport costs across the economy to increase competitiveness and facilitate supply chains.
