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Export Market

Mexico

ISO: MX / MEX

Country Profile

Capital Mexico City
Population 130.6M
GDP $1.86T (2024)
GDP per Capita $14,186
Income Level Upper-Middle Income
Currency Mexican peso (MXN $)
Language Spanish
Timezone UTC-08:00
Region North America

UK Trade Status

FTA in Force

The UK has a free trade agreement with Mexico, providing preferential market access for UK exporters.

Trade Barriers

10 active barriers affecting UK exporters

Lack of regulatory framework for green hydrogen in Mexico

There is no regulatory framework setting a clear guideline for the development of green hydrogen projects in Mexico, which is curbing opportunities for UK investors and suppliers of good and services.

Sectors: Energy

Reported: 30 Jan 2025

Lack of recognition of English language assessments by the Ministry of Education in Mexico

UK providers of English language assessments have struggled with regulatory uncertainty on the standards they are required to comply with in Mexico. This has limited the operation of UK businesses in this sector and generated economic losses.

Sectors: Education and training

Reported: 15 Sep 2023

Delay in registration procedures for financial services companies in Mexico

UK businesses have expressed concerns about delays in obtaining registrations to operate in Mexico. UK government has been working with local officials to streamline licences.

Sectors: Financial and professional services

Reported: 27 Jan 2022

Lack of open finance secondary regulation in Mexico

Mexico needs to publish additional regulations on open finance to make this a reality and to generate opportunities for UK businesses. UK government has engaged with Mexican officials to showcase the British regulatory model and streamline the new set of …

Sectors: Financial and professional services

Reported: 29 Nov 2021

Lack of a predictable framework on Mexican Health Technology Assessment (HTA) cause issues for UK exporters

The current HTA makes it difficult to introduce new and innovative health treatments. The UK aims to support Mexico in developing systems and strategies to: a. Improve the health and social care priority setting and evidence-based decision making. b. Support …

Sectors: Medical devices and equipment, Pharmaceuticals and biotechnology

Reported: 26 Jan 2021

View all 10 barriers on GOV.UK →

Geographic Region

Latin America and Caribbean

Trading Bloc Memberships

Mexico is a member of the following trade agreements and economic blocs.

CPTPP Comprehensive and Progressive Trans-Pacific Partnership Trade Agreement UK Member PA Pacific Alliance Free Trade Area USMCA U.S. Mexico Canada Agreement Trade Agreement

Export Guidance

Relevant guidance for exporting to Mexico.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇦🇷 Argentina 🇧🇸 Bahamas FTA 🇧🇧 Barbados FTA 🇧🇿 Belize FTA 🇧🇴 Bolivia 🇧🇷 Brazil 🇨🇱 Chile FTA 🇨🇴 Colombia FTA

Official Resources

Government export support for Mexico.

great.gov.uk Market Guide → GOV.UK Country Information →
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