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EDC Position-open all programs

EDC's Position

  • Key EDC Market
  • Actively pursuing business
  • Open under all programs, subject to regular approval criteria

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Country At A Glance

Flag of Mexico
Map of Mexico

Country Facts

Nominal GDP1,143.70 Billion USD
Population127.02 Million
Total Trade/GDP72.75%
CurrencyMexican Peso (MXN)
Merchandise Imports from Canada6,591.95 Million CAD
Canadian direct investment14,816 Million CAD
Main importsIntermediate, Capital and Consumer Goods

EDC in Mexico

Canadian companies assisted773
International buyers insured1,199
Business volume3,225.46 Million CAD

Business Environment

Mexico’s growing consumer class and favorable labour demographics make it a rich source of opportunities for Canadian businesses. Given Mexico’s commitment to free trade, Canadian investors and exporters can  gain immediate access to over 45 markets across the world given the many trade agreements Mexico has signed. Since the beginning of the North American Free Trade Agreement (NAFTA) in 1994, bilateral trade between Canada and Mexico has more than quadrupled reaching almost CAD37.7B in 2015. Furthermore, under its current government led by president Peña Nieto, Mexico has introduced major reforms with the ultimate goal of increasing competitiveness and economic growth. The government expects these reforms, most notably on energy, to have a positive impact on trade and investment in the country in the medium and long term. The reforms have opened access to transmission and distribution systems to private power producers and have also permitted private investment in the oil and gas sector through public auctions of exploration and development rights.  

Key Industries

  • Aerospace
  • Automotive & Heavy Truck
  • Construction & Infrastructure
  • Mining & Metals
  • Oil and Gas
  • Plastics and Chemicals
  • Power
  • Telecom

How we can support your business

Through our representations in Mexico City and Monterrey, we provide on-the-ground support to Canadian companies planning on or currently doing business in Mexico. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.

Consult our interactive Country Risk Quarterly report.


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