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Exporting and Shipping to Mexico –a Trade & Export Guide
by Latin American Cargo specialized cargo shipping servicesMexico can be a terrific country for both trade and export – a perfect opportunity for those, who are looking to explore a new market. Mexico is known for its manufacturing industry and its thriving pharmaceutical industry – pulling ahead as one of the best Latin American countries to invest in. Exporting to Mexico is a great opportunity to expand your business overseas. However, you should consider some essential things before exporting or shipping to Mexico.
First, investing into the Mexican economy without any prior knowledge of business standards or local regulations is bound to leave you penniless in record time. In order to help mitigating this, some renowned freight forwarders and cargo companies have come up with precise solutions to help you make your exporting and shipping to Mexico easier.
Before you start shipping to Mexico, it is better to contact a company that specializes in freight transportation to Mexico and to learn how to deal with it in efficient way.
Know About Business Opportunities in Mexico
Infrastructure, education, medical supplies, manufacturing and energy are some of the many business opportunities that exist in Mexico. Before you plan on exporting to Mexico, it is better to consider how your company can benefit from these expanding and thriving industries.
Popular Importations to Mexico
Mexico has imported hundreds of billions USD worth of goods in last couple of years. Some of the popular importations are electrical machinery, telephones, equipment, computers, electronic integrated circuits and micro-assemblies, mineral fuels, plastics, optical, technical and medical equipment and iron and steel. Organic chemical goods and Aluminum are also frequently imported to Mexico.
Know About the Import Regulations
Before you start exploring different industries opportunities, there are a couple of things that you need to keep in mind. You should keep in mind that Mexico has strict regulations, when it comes to import. Any deviation from them can be penalized.
• A large part of Mexico doesn’t speak English. Most of the paperwork will have to be in Spanish. If you have some Spanish knowledge, it will definitely be an advantage. Otherwise you are better off contracting a transport company that knows the language and the local corporate culture.
• Exporting regulations can vary based on the products you plan on exporting as well as the country of origin and the quantities being shipped.
• Product classification is one of the more important aspects you will have to deal with, when it comes to exporting goods to Mexico.
It is important to figure out who has jurisdiction over your goods. In all cases, it will be a certain public department. Figuring out the right one can be tricky. Different branches and government agencies can be involved with customs clearance for your goods.
You will have to classify your goods as per the rules, immediately after figuring out who has jurisdiction.
You are advised to check out the items prohibited or restricted to import into Mexico. Some items that are not allowed to export to Mexico are narcotics and derivated, predatory animals, used clothes or firearms.
What Are the Important Documents Required for Easy Shipping to Mexico?
A decent amount of paperwork is also required, when it comes to shipping to Mexico: commercial invoice, bill of lading, certificate of origin, packing lists, sales contract, Performa invoice, AES filing and B13 filing. AES filing is required when exporting from the US and B13 filing is required when exporting from Canada. Insurance policy is also necessary when shipping to Mexico.
When exporting and shipping to Mexico, contract a top freight forwarders or a specialized cargo company with a dedicated team of professionals and complete knowledge of the Latin American region, to make the entire process easier.
Find the right one and get complete assistance and resources for shipping to Mexico.
First, investing into the Mexican economy without any prior knowledge of business standards or local regulations is bound to leave you penniless in record time. In order to help mitigating this, some renowned freight forwarders and cargo companies have come up with precise solutions to help you make your exporting and shipping to Mexico easier.
Before you start shipping to Mexico, it is better to contact a company that specializes in freight transportation to Mexico and to learn how to deal with it in efficient way.
Know About Business Opportunities in Mexico
Infrastructure, education, medical supplies, manufacturing and energy are some of the many business opportunities that exist in Mexico. Before you plan on exporting to Mexico, it is better to consider how your company can benefit from these expanding and thriving industries.
Popular Importations to Mexico
Mexico has imported hundreds of billions USD worth of goods in last couple of years. Some of the popular importations are electrical machinery, telephones, equipment, computers, electronic integrated circuits and micro-assemblies, mineral fuels, plastics, optical, technical and medical equipment and iron and steel. Organic chemical goods and Aluminum are also frequently imported to Mexico.
Know About the Import Regulations
Before you start exploring different industries opportunities, there are a couple of things that you need to keep in mind. You should keep in mind that Mexico has strict regulations, when it comes to import. Any deviation from them can be penalized.
• A large part of Mexico doesn’t speak English. Most of the paperwork will have to be in Spanish. If you have some Spanish knowledge, it will definitely be an advantage. Otherwise you are better off contracting a transport company that knows the language and the local corporate culture.
• Exporting regulations can vary based on the products you plan on exporting as well as the country of origin and the quantities being shipped.
• Product classification is one of the more important aspects you will have to deal with, when it comes to exporting goods to Mexico.
It is important to figure out who has jurisdiction over your goods. In all cases, it will be a certain public department. Figuring out the right one can be tricky. Different branches and government agencies can be involved with customs clearance for your goods.
You will have to classify your goods as per the rules, immediately after figuring out who has jurisdiction.
You are advised to check out the items prohibited or restricted to import into Mexico. Some items that are not allowed to export to Mexico are narcotics and derivated, predatory animals, used clothes or firearms.
What Are the Important Documents Required for Easy Shipping to Mexico?
A decent amount of paperwork is also required, when it comes to shipping to Mexico: commercial invoice, bill of lading, certificate of origin, packing lists, sales contract, Performa invoice, AES filing and B13 filing. AES filing is required when exporting from the US and B13 filing is required when exporting from Canada. Insurance policy is also necessary when shipping to Mexico.
When exporting and shipping to Mexico, contract a top freight forwarders or a specialized cargo company with a dedicated team of professionals and complete knowledge of the Latin American region, to make the entire process easier.
Find the right one and get complete assistance and resources for shipping to Mexico.
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Created on Sep 15th 2020 19:41. Viewed 454 times.
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