How to successfully attack the Spanish market

Mexico and Spain

 

The Iberian country has become one of the most important markets for Mexico in recent years, since 2014 Spain has bought more products from our country such as: fossil fuels, machines and mechanical appliances, optical and medical devices, appliances and electrical materials, organic chemicals, fish, crustaceans and molluscs, beverages of all kinds except juices, inorganic chemicals that generated a flow of $10 billion.

 

Niche opportunities for Spanish products

 

Spain is located in a preferred place in Mexico, favored by technology, the common language and the strong business presence in the country, with 5,900 companies of Spanish capital, as well as the "Spain brand" that enjoys attractiveness in sectors such as gourmet food, infrastructure, energy, transport and telecommunications providers, which are some of the niche opportunities identified.

Alongside these, the automotive, electrical and electronics industries also have great potential.

According to data from the Spanish Secretary of State for Trade, trade in that country is in continuous growth, in addition to mentioning that the Integral plans for "Market Development", in which Mexico already identifies itself as a strategic country next to The United States, the BRICS (Brazil, Russia, India, China and South Africa), Japan, Algeria and Morocco have helped the share of trade grow more and more.

 

 

Another important factor for the growth of Spain's trade relationship with Mexico is the size of the population. With more than 122 million inhabitants mostly young, according to the National Institute of Statistics and Geography (INEGI, 2016), it is the eleventh country in the world in inhabitants.

With its network of 53 trade treaties and agreements, Mexico is also the gateway to a potential market of more than 1 billion consumers, 60% of global GDP and also a place where clusters are being developed around strategic sectors such as processed foods, aeronautical sector, TICs and renewable energy.

 

In Grupo Griska we know that the import and export process between Mexico and Spain must be followed by correct advice and that is why our company has a presence in the main ports and airports of these countries.

We want to accompany you in all your business, for any questions or quotes contact us.

 

Source:

http://www.mincotur.gob.es/es-ES/Paginas/index.aspx

http://www.economiahoy.mx/

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