As of December 31, 2022, Arca Continental‘s market share in the territories served in Mexico was 72.2% in soft drink sales volume. At the same time, its share was 58.4% for total non-alcoholic beverages, according to Nielsen data. The company believes that its strategic and leading market position
IMMEX is a tariff deferral program established in 2006 to increase the competitiveness of the Mexican export sector. In general, this program provides benefits to authorized companies engaged in international trade. Some of its features are as follows, according to the USITC. Mexico‘s Federal Tax Code and Income
On October 12, 2022, Mexico agreed to accept an unspecified number of Venezuelan migrants bound for the United States who did not apply to legally enter the United States through a new program and were removed at the U.S. border under Title 42. In exchange, the Department of
Despite attempts to diversify its economic ties and build its domestic economy, Mexico remains heavily dependent on the United States. Above all, that dependence is as an export market (approximately 76.8% of Mexico’s exports in 2022 went to the United States) and as a source of remittances, tourism
Border Patrol apprehensions of aliens illegally crossing into the United States between ports of entry have increased, reaching a record 2.2 million in fiscal year 2022, according to a U.S. congressional analysis. Of those apprehensions, the majority are migrants from Latin America and the Caribbean. The motivation to
Prosec and Regla Octava are production promotion programs in Mexico separate from the Maquiladora and Manufacturing Export Industry Program (IMMEX), but companies may use these three programs together. On the one hand, Prosec (Programa de Promoción Sectorial) allows the importation of a defined set of goods for use