The United Mexican States is a country in the southern part of North America. Surrounded by Guatemala and Belize to the South, and the United States of America to the North, it is bordered by the Gulf of Mexico and the Caribbean Sea to the East, and by the Pacific Oceanto the West. Mexico is the 14th largest country in the world, covering an area close to 2 million sqkm. It is also the 11th most populated country on earth with an estimated population of 130.5 million inhabitants. The GDP of Mexico represents US$ 1,150 billion in 2017 (top twenty world largest economic powers). (source: France Diplomatie, World Bank).
Mexico is the ninth biggest oil producer in the world and the largest producer of silver, but itis also known for its corn, sugar, coffee, and fruit and vegetables. Its geographical proximity with the US is an asset for its economy. On the other hand, Mexico’s economic performance is highly influenced by the US market. Mexico is the main touristic destination in Latin America and the 13th most visited destination in the world (source: World Bank, World Tourism Organization).
France plays a significant role in the Mexican economy (11th largest supplier worldwide and 4th largest in Europe). There are nearly 500 French companies operating in Mexico (including major groups) in a wide range of industries. Franco-Mexican trade has increased continuously since 2009 and reached a new record in 2016, exceeding € 6 billion (source: France Diplomatie).
In order to meet the needs of its clients on the Mexican market, Simon Associés has developed privileged relations with economic and legal partners locally.