Mexico 

Mexico landenbeleid

Beleid vastgesteld op 01 mei 2012

• Het signaleringsplafond is 1500 mln euro
• - waarvan per 2012-04-30 506 mln euro benut is
• Open zonder beperkingen

Landenklasse: 3

Mexico landenrapport

Atradius Dutch State Business Economic Research
Country Report last updated 15 May 2011 
Country MEXICO 

Political Situation

Rather Stable; Poor Security Situation

Head of state
President Felipe Calderón.

Form of government
Government of the Partido Acción Nacional (PAN).

Internal Economic Situation
Recovered From 2009-Recession

General situation
Mexican GDP-growth is closely synchronised with the US business cycle: in 2009 real GDP declined by 6.1% as real  exports dropped by 14% and investments by 11%. In 2010  recovery that is based on an upswing of exports (+24%) and some rebound in private investor/consumer demand. Real GDP increased by 5.5%. The banking sector is well capitalised and solid but performing below potential with assets to GDP only 46% GDP (Brazil 122%), constraining credit growth to foster private sector consumption. More unfavourable Corruption Index (98th out of 178). 
 
External Economic Situation   : Good Solvency And Liquidity

Main sources of foreign exchange
Manufactured goods (82%, of which maquiladora 45%); oil (13%); workers’ remittances.

Main foreign markets
United States (>80%), other Latin America (5%).

Main expenses of foreign exchange
Intermediate products (76%), consumer goods (14%).

 
Balance of payments  
The drop in im-/exports in 2009 was completely erased by the rise in 2010, leaving the current account balance more or less unchanged. The C/A deficits are easily financed by capital imports, especially FDI and incoming ST-portfolio capital. After a significant peso-depreciation in 2009 (>21% vs US$), gradual recovery in 2010/’11.