Mexico | Nearshoring and BBVA Mexico's role in boosting Mexican exports

The North American Free Trade Agreement (NAFTA) has increased the relevance of foreign trade in the Mexican economy, and led to a deep structural change of the Mexican economy.

Key points

• Key points:
• Manufacturing's share on exports is currently about 86%, while before Nafta this contribution was about 50%.
• NAFTA led to a massive Nearshoring process, especially from the USA which accounted for about half of investment flows to Mexico.
• As well as leading the way in manufacturing credit, BBVA Mexico offers specialized financial products to companies specializing in foreign commerce.

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