Market Intelligence
Get comprehensive and up-to-date information about the Mexico market and the export potential for your products and services!
For more information about our market research services, please contact our specialists for the relevant industry sectors.
Public comments are welcome on proposed changes to Mexico’s Harmonized System (HS) of Goods Classification, commonly referred to as HS or tariff codes.
In 2024, the deadline for imposing penalties for not issuing the Complementary Waybill 3.0 is extended
MEXICO CERTIFICATION OF ORIGIN UPDATE
On October 11, 2023, The Mexican President published a decree, offering attractive fiscal incentives tailored to crucial sectors of the export industry
SAT/Mexican IRS announced on September 25, 2023 the new version 3.0 of the Carta Porte Supplement. This update officially takes effect on November 25, 2023.
The main objective is to add an IFT seal to the label as a mark that the product complies with quality specifications that are yet undetermined.
The decree went into effect August 16, 2023, and expires July 31, 2025.
On July 18, 2023, after four years without a Mexican Tax Ombudsman, the Government of Mexico confirmed the appointment of the new PRODECON Attorney General.
The June 22, 2022 decision allowing Customs Brokers applications-first time in 24 years-may impact U.S. exporters experience and exporting requirements.
The Mexican government has implemented regulations prohibiting Mexican companies from importing goods that involve forced labor, effective May 18, 2023.
On April 19, 2023, Mexico’s Official Gazette (DOF) announced that Mexico’s iconic foundry, Altos Hornos de Mexico (AHMSA) declared bankruptcy.
The Government of Mexico has established a new threshold for imports relevant to U.S. companies planning to explore or expand their business via e-platforms.
On September 7, 2022, the Ministry of the Economy published the Foreign Trade Compliant Company Program (Empresa Cumplida en Comercio Exterior) (“ECCE”) guide.
Mexico’s Customs Agency is implementing a mandatory requirement for all Mexican importers, a “Notice of Crossing” prior to clearing goods through Mexican ports.
The decree contains new tariffs, taxes, and provisions on Commercial Identification Numbers (NICO) and Harmonized Tariff Schedule (HS Codes).