growth is the forecast for Mexico in 2016, according to the World Bank.
Today, Mexico has entered into more than 45 free trade agreements, most recently the Trans Pacific Agreement (TPP). Dubbed the largest trade agreement of a generation and potentially affecting 40% of the world’s economy, opening a massive potential for trade across the Pacific.
“The country has changed so much in terms of its economic structure over the past 20–25 years. It’s now an open economy, looking outward, rather than inward,” says Eduardo Garcia, an independent economist in Mexico City and founder of Sentido Común, a Mexican financial news website.
In 2015, Maersk Line transported just shy of 250,000 containers to and from Mexico, with its largest trade lanes to Asia.
“Maersk Line enables the global supply chain by being a big conveyor belt whereby clients on both sides of the Pacific can be assured that their products will be where they need to be, when they need to be,” Veraldo says.