Many of these U.S. small businesses are new to exporting. This trade mission, organized by the SBA, provides small business owners with an opportunity to explore their options by allowing them to work first-hand with Mexican businesses as well as government and financing agencies. The value of Mexico as a vital economic partner is reflected in the rapid growth in trade. It s a door of opportunity that s wide open. Four days later, the group will participate in similar exchanges in Guadalajara, before returning to the U.S. on March 12.
Organizers describe the trade mission as full of enormous opportunities for U.S. companies.
They include wood furniture, construction materials, computers and peripherals, plastics and medical supplies, as well as processes linked to the fabrication of metal products, water treatment and the disposal of industrial waste. Mexico s domestic production is highly dependent on imported components, raw materials and capital goods, and more than 75 percent of these come from the United States. This trade mission is structured to strengthen commercial and investment ties and expand dialogue between the two nations. It will also bring together entrepreneurs of both nations to develop trade, investment and other bilateral partnerships. According to recent statistics, firms that export experience 20 percent faster employment growth and are nine percent less likely to go out of business than non-exporting firms.