01052014 conferencia de negocios méxico dublín v.3 con música
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an important partner for Ireland
May 1st, 2014
Mexico-Ireland
3
Bilateral trade between Mexico and Ireland (2003-2013)
Source: ProMéxico with information of Banxico, 2013. 4
Exports
Million USD
795
184
1,053
273
Imports Trade balance
Irish companies in Mexico
5
6
Macroeconomicenvironment
Gateway toAmericaHuman Capital
Internal Market
Sophisticatedeconomy
5 competitive advantages
Solid macroeconomic environment
7
Evolution of inflation, exports and international reserves in Mexico (2000- 2013)Infllation 2013 Reserves 2013 Exports 2013
3.97%
176 billion USD
380 billion USD
ManufacturesOilPrimaryReservesInflation
Record-high
Record-high
Billi
on U
SD
Source: ProMéxico with information of INEGI / Bank of Mexico.
Reforms that will enhance our future
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NAFTACentral Bank Independence
Retirement fund management Law of Budget and Fiscal Accountability
ISSSTE Reform
19941994199720062007
5 reforms in 20 years
12 reforms
in +1 year2013
Labor ReformTelecom reform
Competence reform
Energy reformFinance reform
Fiscal reformJustice system reform
Education reformStates and municipalities fiscal reform
Gov. Accountability reform
2012
Political reformGovernment Transparency reform
In 2025
5th
largest economy, according to Goldman Sachs.
Forecasts
9
According to Accenture,
Mexico will be one of the Big
Six.In 2050
According to HSBC Mexico will be the 8th largest economy.
14t
hLARGESTECONOMY
5 México
4 Brazil3 India2 USA1 China
14 Mexico
12 Australia
10 India
8 Russia6 United Kingdom
4 Germany2 China1 USA
World’s largest economies in 2013
Source: ProMéxico with information of Goldman Sachs. The N-11: More Than an Acronym. Documento de economía mundial No: 153. Marzo de 2007/ HSBC/ ACCENTURE.1/ Pronóstico de Goldman Sachs / Fondo Monetario Internacional.
10
45 countries
Mexico has access to 45 countries through its free trade agreements
1.2 billion people.
We are commited to free trade
Our FTAs give privileged access to 61% of the world’s GDP.
Brazil 8China 19
United States 20Colombia 42
Source: ProMéxico with information of Brazil; China: Colombia:; United States: ; Chile: Direcon; Mexico: Ministry of Economy.
11
Mexico as part of NAFTA• +50 border
crossings with the US.
• NAFTA market= 19 trillion USD.
• 16 trillion European Union.
• Bilateral trade with the U.S.= 1 million dollars per minute.
• 1 million people and 300 thousand vehicles crossing the border daily.
NASCO Corridor
Source: ProMéxico with information of SCT/ US Department of Transportation.
+/- 2 hours
Strategic location and time zone
12
13
16Río de Janeiro
Mexico to Germany Brazil China Colombia Korea USA India PolandTurkey
6New York
4L.A.
15Rotterdam
18Yokohama
22Shenzhen20Shanghai
35
2511
2315
1832
106
1721
--
3125
2612
- 17 32 15 33 11 20 135 4 24 3 15 17 36 27
7 - 31 12 34 15 24 18 1932 32 - 26 2 17 11 33 2430 30 - 28 4 19 9 31 32
162810
14.425.025.3 23.4 17.316.3 15.4 22.4 20.919.6
Easy access to the world
Source: ProMéxico with information of Sea Rates
Mexico
14
6.02
5.85
5.73
5.18
4.83
4.44
3.8
MexicoRussia
India
Korea
Indonesia
China
Brazil
Quality of our labor force
According to IMD, Mexico offers a higher quality and availability of labor force and talent in comparison with other emerging markets.
Rank
Source: ProMéxico with information of IMD Competitiveness Yearbook, 2012.
Brazil MexicoGermany Spain UK US
PERCENTAGE OF GRADUATES IN THE AREAS OF ENGINEERING AND MANUFACTURING
Mexico’s graduates in engineering and manufacturing
15Source: ProMéxico with information of UNESCO.
16
2nd country with the largest percentage of employment in the industry
Contribution of copyright industries to national employment
Source: ProMéxico with information of UNESCO, Creative Economy Report, 2013.
Highly Skilled Professionals
• 6 out of 10 PSP certified developers in the world are Mexicans.
889,368
578,105
Mexico´s IT Professionals Workforce 2000 - 2014
17Source: ProMéxico with information of MexicoIT/ Carnegie Mellon University, 2010 (http://www.sei.cmu.edu/tspsymposium/past-proceedings/2010/Panel_Kernel.pdf)
IT ProfessionalsSoftware Professionals
Youth
Old-age
DemographicBonus
Men Women
Demographics are on our side
118 million inhabitants with a median of 27 years. 52 million in the labor force. According to forecasts, there will be more than 83 million
people of productive age by 2020.18
Source: ProMéxico with information of US Census Bureau: http://www.census.gov/population/international/data/idb/informationGateway.php; INEGI, 2011; Population Projections for Mexico 2005-2050, CONAPO. *Population (in millions) by age group.
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Mexico’s global leadership
IT • 3rd largest exporter in the world.
AUTOMOTIVE AND AUTOPARTS• 8th producer and 4th exporter globally of new light vehicles in the world.
ELECTRIC-ELECTRONIC• Leading flat television screen exporter in the world.
AEROSPACE• Mexico is the 6th supplier to the American aerospace industry.
Source: ProMéxico with information of FEMIA, GTA, AMIA y OICA.
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20
Mexico is an exporter of sophisticated products
Mexico ranks
in the Harvard and MIT's Atlas of
Economic Complexity.
• It acknowledges that Mexico can retain large amounts of productive knowledge.
• Mexico manufactures and exports a large number of sophisticated products. It
• accounts for 80% of our exports. Source:ProMéxico, with information of INEGI/ Presidency/ Harvard and MIT, Atlas of Economic Complexity/ OECD.
Exports of Medium and high manufactures as percentage of the GDP (2013)*
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28.9%24.8%16.7%14.1%12.4%
12345
GermanySouth Korea
ChinaMexico
France
A sophisticated economy
Source: ProMéxico with information of IHS – Global Insight. / * Only G20 nations.
We have the largest film and video games market in Latin America.
We rank first in creative industries in Latin America, according to UNCTAD.
We have the largest talent pool for the IT and creative industry in Latin America.
We are building the Digital Creative City in Guadalajara, Mexico.
Latin America’s creative hub
We are the 5th country with the largest movie attendance.
22Source: ProMéxico with information of CEPAL/ PWC, Global Entertainment and Media Outlook/ UNCTAD, Creative Economy Report 2010.
CompetitivenessSoftware Development
International Results (US=100)Video Game productionInternational Results (US=100)
Cost Index Cost Index
MexicoCanada
UKNetherlands
AustraliaJapan
FranceUS
ItalyGermany
MexicoCanada
UKNetherlands
AustraliaJapan
FranceUS
ItalyGermany
23Source: ProMéxico with information of KPMG, Competitive Alternatives, 2014.
Leader in relevant events
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Mexico’s success stories abroad
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• Latin America’s largest independent provider of IT services.
• Its clients are Fortune 500 and Fortune 1000 companies.
• Presence in 20 countries.
• 6,000 people worldwide.
• Neoris is one of 23 global services partners of SAP AG.
• Leading IT consulting and systems integration company in Mexico.
• Second largest IT company in Latin America.
• Great market share in the US and Europe.
Digital Creative City / Digital hub
• Hub center for the Spanish speaking market worldwide.
• Smart city with urban model for the future.
• Digital infrastructure.• Will host a population of
50,000 people.• And destination of global
media firms.26
• Home to over 160 technology and digital media businesses.
• Host to companies at the forefront of animation, computer games, web design, mobile applications, online media and more.
www.promexico.gob.mx
@ProMexicoTW
+52 (55) 54 47 7000Camino a Santa Teresa 1679, Col. Jardines del PedregalCP 01900, México, D.F.
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Case Study: Information Technology
• Infosys opened two centers in Monterrey, Mexico, over the course of 4 years.
• Offers IT Help Desk, design of web-interfaces and other BPO and IT-related services.
• Mexico was chosen because of its population size, large graduate pool, proximity to US, and Spanish speaking population.
• The company has gained approximately 30 new clients after the launch of Mexico’s operation.
• Operations are currently carried out in three modern centers: two in Gualadajara and one in Querétaro.
• Offers application development and testing, consulting, infrastructure services and BPO.
• Mexico is one of the most important links for the expansion strategy of the company in the region.
• Mexico’s competitive advantages: closeness in distance and time zone to the United States, political and economic stability, and high academic level of graduate professionals.
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Creative industries chain
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