The Mexico Hardware Fair is held regularly in Guadalajara every year. It is a large-scale trade exhibition jointly organized by the Mexican Ministry of Industry and Commerce and the National Industrial Manufacturing Development Chamber. It is comparable to the Cologne Hardware Fair in Germany and the American Hardware and Garden Show. The world’s three major hardware exhibitions, and the largest international hardware exhibition in South America and Latin America. The exhibition area is as high as 60,000 square meters, with more than 4,000 exhibitors from 30 countries and regions in the world, and more than 150,000 professional visitors.
Mexico used to be a country with high tariffs, but by the end of 2005 it had lowered most of its import tariffs. The resident population of Mexico has reached 110 million, and the population in the capital Mexico City alone has reached 30 million. Mexico’s Minister of Economy Soho said at the “Mexico Investment and Trade Opportunities” seminar: “In 2006, Mexico exported goods and services worth US$1.69 billion to China, and China exported goods worth US$24.44 billion to Mexico. It is estimated that In the next three years, China’s direct investment in Mexico will reach 300 million U.S. dollars, which is five times the current amount.” Soho said that because Mexico belongs to the North American Free Trade Area, through Mexico, goods can be exported to Mexico with low tariffs or even zero tariffs. For the United States and Latin American countries, this will become the biggest advantage for Chinese companies to build factories in Mexico. In recent years, Mexico’s economic growth has been stable, and its inflation rate has been lower than 4%, and it has been decreasing year by year. Mexico can radiate the markets of developed countries and developing countries through Mexico. We,HEBEI UNISENFASTENER CO., LTD. will also go to Mexico to participate in the exhibition in September.
Post time: Feb-13-2023