When it comes to Mexico, many people feel that this country does not seem to be a good place to do business. However, when the global economy is experiencing slow growth, all parties are generally optimistic about Mexico’s development prospects: economic development is booming, political stability, bond credit The rating has also been upgraded. Although local e-commerce in Mexico is developing, there are many cross-border e-commerce platforms that want to enter Mexico to seize the opportunity, including Chinese cross-border e-commerce platforms.
In 2018, China, as one of Mexico’s top ten import sources, ranked second in the import trade volume of various countries. However, compared with the United States, which accounts for half of Mexico’s import market, China’s products are only three products made in the United States. one part. The good news is that in this promising Mexican market, the amount of Chinese-made imports is gradually increasing.
Data from eMarketer, an international market research organization, show that sales in the Mexican e-commerce market increased by 25% from 2016 to 2017, reaching US$7.6 billion. Mexico’s e-commerce sales are expected to reach $18 billion by 2020.