In the Headlines
October 14, 2024

Mexico Makes 40% of Its Imports from Asia

Reforma
International Trade attorney Turenna Ramírez was interviewed by Reforma about the Mexican Ministry of Economy's plan to reduce dependence on imports from Asian countries. The article highlighted that currently 39.3 percent of Mexico's imports come from Asia, with China as the main supplier. Ms. Ramírez pointed out that this goal requires strategic planning in collaboration with the private sector, including trade facilitation measures and investment incentives.

"This requires time, planning, infrastructure, investment and also measurement. In other words, objectives need to be measured over periods, how efficiently this replacement is being made," she said.

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