For Australians

Market profile

Mexico is actively pursuing a program designed to reduce its reliance on the USA as a trading partner. Mexico has completed free trade agreements with 33 countries giving it access to over one billion consumers. Mexicans are inclined to be more formal than their Australian counterparts. When meeting with Mexican business people make sure to bring plenty of business cards, although it is common for your Mexican counterpart not to have any business cards to give you. Mexicans will always greet and farewell all people in attendance accompanied by small talk about current issues or family topics.

Cancelled meetings are common. It is advisable to confirm all appointments close to the meeting time. In fact, you may need to re-confirm your meeting several times, even on the day of the meeting. Although it is important to be punctual to meetings, it is generally accepted that visitors will often be late through no fault of their own. Given the size of Mexico City, it is important to have a good idea of exactly where you are going and an estimate of travel time. Lateness is not a sign of disrespect for your time.

Business commonly takes place over meals, primarily lunch and increasingly over breakfast. A point to note is that the bill at a restaurant is rarely divided between small parties. One person usually invites the others to a meal. It is also advisable to recognise the significance of the word ‘invite’, which in Mexico is often a synonym meaning, ‘to pay for’. Your generosity will count toward developing a personal relationship.

More information on doing business in Mexico

Opportunities

Mexico's market insights and opportunities

Read the transcript and biography for Radek A. Diviš

FACTS 

  • Imports from Mexico A$2,082 million
  • Exports to Mexico A$532 million
  • Capital Mexico City
  • Official Language Spanish
  • Area 1,958,000 sq km
  • Population 118.4 million

Events

EDUEXPOS Latin America 2015 – second semester
1 Sep 2015
Promote your institution at EDUEXPOS education fairs in Latin America.
ExpoMin Mexico 2015, Acapulco
7 Oct 2015
Austrade invites you to participate in ExpoMin Mexico, the largest mining exhibition in Mexico and o ...

More Events

Country information provided by DFAT

Country brief

A comprehensive overview of political, economic and bilateral and regional trade agreements.

» read more at DFAT

Trade and economic fact sheet

Containing general information, recent economic indicators, Australia’s trade and investment relationship with Mexico and their global merchandise trade relationship that is updated twice a year.

» read more at DFAT

Smartraveller

The Department of Foreign Affairs and Trade’s Smartraveller site provides advice for business travellers and tourists going to Mexico. This is regularly updated and should be checked before planning travel.

» read more at DFAT

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