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November 2011 - SMEs: The Growth of Small Giants in Mexico

The essential part of a country’s economy consist of small and medium sized enterprises (SMEs) that contribute to job creation and economic output. This is evident in Mexico, where SMEs make up 35% of the GDP and contribute with 7 out of 10 formal jobs.

 

Mexico is Online with the Internet and e-Commerce

As the fastest growing and second largest technology market in Latin America, Mexico has one of the world’s highest rising rates of Internet penetration. In last ten years, Mexican online users have grown more than 1,000% reaching almost 35 million users in 2010. This exceeds the total number of users in Spain and Italy. Thus, e-commerce in Mexico has also grown in importance and it is expected to continue its expansion as more Mexicans begin to shop and do business online.

  • Success Stories
    • Industrias Bachoco to Acquire O.K. Industries
    • The First Microsoft Technology Center in Mexico was Inaugurated
    • Eurocopter will Open a New Plant in Mexico
    • Boehringer Inaugurates New Vaccines Plant In Mexico

 

  • State Profiles
    • Louisiana
    • Durango

 

Download file November 2011