He highlighted that Mexico has about 16% market share in imports from the United States in 2024, something that has grown three times compared to what it had in 1988 (5%).
“China, which grew much faster, (…) has now decreased in recent years. So there is a great opportunity for Mexico to grow its share in the United States market faster,” he commented during his participation in the Forum. BloombergNEF in Monterrey.
Ebrard pointed out that the strengthening of the relationship with the United States is something that will be maintained, in fact, next week with the presence of the president of Mexico, Claudia Sheinbaum at the CEO Dialogue, important investment announcements will be made by American companies.
Regarding investments, the official announced that they are working on a portfolio aligned with the sectors in which they see the greatest opportunity for Mexico and in the 10 industrial corridors that he presented. Sheinbaum on his 100 points . But everything has to be worked very closely with the businessmen.
“We are going to organize a council, a representation will be installed within the Ministry of Economy of the private sector, federal entity by federal entity, this has never existed in Mexico, it is so that we have a single investment plan,” he stated.
Ebrard added that an obsession of industrial policy will be greater innovation and technology, as it is essential for attracting investments. Mexico ranks 58th out of 132 countries in technological development.
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