An Overview of Mexico
- Mexico has a population of 127.6 million.
- Capital: Mexico City
- Official Language: Spanish is thede facto official language
- Total Area: 1.973 million km²
- Currency: Mexican peso
Economic Statistics of Mexico
- Mexico has reached a GDP of 2.274 trillion USD. Its largest industries are
- Food and beverages
- Iron and steel
- The breakdown of Mexico GDP Composition includes
- Service (60.51%)
- Industry (30.15 %)
- Agriculture (3.47 %)
- The main importers of Mexico’s goods are
- United States (82%)
- Canada (3.3%)
- Germany (1.6%)
- Brazil (0.98%)
- While the main exporters to Mexico are
- United States (45%
- Japan (3.94%)
- Germany (3.88%)
- Korea (3.87%)
The Printing Industry in Mexico
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- The total output value of Mexico's book, newspaper, and magazine printing industry was 451.81 million Mexican pesos in March 2020. The output value of magazine printing alone was 41.1 million pesos.
- This industry includes businesses that print books, newspapers, magazines, and other printed materials, and also printing letterheads with watermarks. Printing on clothing and textile items, as well as quick printing services coupled with photocopying, are all part of the industry.
- During the forecast era, the Mexican Print Label Market is projected to grow at a 5.5% CAGR (2021-2026). Factors such as rising demand for manufactured goods and an increase in individual's disposable income in Mexico are expected to boost business growth potential in this forecast period.
- The healthcare industry has been increasing demand for market growth, since governments around the world deemed it necessary during the COVID-19 pandemic. During the pandemic, the increased use of pharmaceuticals and medical devices has created significant possibilities for print label players in the country. The segment is set to see a major increase in consumption rates in the coming months.
- As a result, more people in Mexico are looking for printers for sale whether from domestic sources or via imports.
The Packaging Industry in Mexico
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- Packaging material production accounted for 1.7 percent of Mexico's GDP in 2019, 5.8% of the industrial sector GDP, and 8.5 percent of manufacturing GDP. Mexico manufactured 12.8 million tons of packaging containers and packaging materials in 2019 for a total value of USD 16 billion.
- The Mexican packaging machinery market is very competitive as the Mexican economy expands and diversifies. Due to high foreign direct investment throughout the food processing industry, primary (production) and secondary (handling) packaging equipment acquisitions have been rising at a rate of about 5% per year.
- Plastic is the most versatile material used by all sectors that use packaging materials, as per the Mexican Association for Bottling and Packaging, with a steady increase of its market share over the last five years. Processing equipment and supplies for the food and beverage industry, as well as plastic container producers oriented toward the personal care industry, and cleaning and sanitizing items, all present significant opportunities for packaging businesses.
- This boosting economy in Mexico will continue to drive demand for industrial inkjet printer, printing equipment, printing parts, printing consumables such as inks, make ups and cleaning solutions.
The Manufacturing Industry in Mexico
- Over the last decade, Mexico's car manufacturing sector has played a key role in the economy, drawing some of the world's largest assemblers such as Chrysler Fiat, Ford, GM, and Toyota, to name a few. Mexico is also the largest automaker in South America, producing nearly 4 million vehicles per year. 82 percent of these units are thought to be exported.
- Apparel and textile production, Mexico's fourth-largest manufacturing sector, accounts for 3.7 percent of the country's manufacturing GDP (1.3 percent in textiles and 2.4 percent in apparel). Manufacturers are shifting operations to Mexico for a variety of cost-cutting reasons as manufacturing costs in China continue to increase. This involves electronics production as well.
- Manufacturing in Mexico is a viable choice for businesses looking to reduce production and labor costs while keeping a presence in North America. Taking advantage of NAFTA (North American Free-Trade Agreement) and the IMMEX Program, as well as energy cost savings and a well skilled and competent workforce, are only a few of the manufacturing advantages.
- Hence, Mexico’s expanding manufacturing sector has increased demand for printing and industrial ink such as Videojet ink, Inkjet refills, and Hitachi parts.
Sea Ports and Trading Hubs of Mexico
Camainks uses Port of Manzanillo when exporting printing products to Mexico.
- Port of Manzanillo
- Port of Lazaro Cárdenas
- Port of Veracruz
- Port of Altamira
- Port of Ensenada
For importing Inkjet printers, Citronix printers, Videojet inks, and other spare parts, Camainks uses the largest Port of Manzanillo exporting to our clients in Mexico. We have exported items such as inkjet printers, CIJ printers, laser printers, and specialized brands of printer consumables including:
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- Videojet inks
- Domino inks
- Citronix cij inks
- Other printer spare parts
What Printers and Ink Do Mexico Import?
Although Mexico does have some manufacturers for printers and ink like Risograph ink and Domino Inkjet printer, Mexico still needs to import from countries such as United States, China, Japan, Germany, and Korea. This demand for importing printers and ink in Mexico is due to its fast-growing economy. Some printers, ink, and related consumables that Mexico imports from these countries include,
Compatible Hitachi TH 60 Make Up for industrial printers
What Regulations Are There on Importing Printers and Ink to Mexico?
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- Importing goods into Mexico necessitates the use of a Mexican Customs Broker. Contracting with a party who is well-versed in Mexican customs rules and procedures ensures that foreign transactions run smoothly. Importers must be registered with the Mexican government's Official Registry of Importers.
- Import documents (pedimentos) must be submitted to Mexican Customs Authorities. When importing into Mexico, the pedimento is one of the most important trade documents. It must be completed by a Mexican customs broker and include the relevant documents: commercial invoice, origin certificate, weight and volume certificate, and identification.
- The Harmonized Tariff Code System must be used to classify the item or products being imported into Mexico (HS Code). To verify the source country of an item or products being imported into Mexico, a Certificate of Origin is required. It is critical that this document be submitted to Mexican Customs, as the good or products would be refused entry if it is not.
- The Mexican Ministry of Health has taken steps to publish a national chemical policy that places the burden of proof on companies that use and/or import certain chemicals to prove their safety. Shipments of hazardous materials to Mexico must adhere to all Mexican regulations.
- Because inks contain hazardous chemicals, it is important to follow Mexico’s import regulations.
Why Should Mexico Import Printers and Ink?
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- Availability - The local industry has limited capacity and some clients in Mexico require printers and ink promptly.
- High Product Cost - Given the domestic competition in Mexico, printers and the continuous ink supply are more expensive to buy domestically than on the world market.
- Product Quality - While most international suppliers have a good brand reputation and quality, some smaller domestic manufacturers in Mexico can have variant product quality.
Where Can I Buy Printers and Ink for Mexico?
If you are looking for individual use printers and inks, there are many domestic manufacturers and distributors available in Mexico. However, if you looking for large quantities of inks, make ups and cleaning solutions, Camainks has been exporting print products such as Videojet ink, Linx printing technologies, and markem imaje 2200 to clients in Mexico. Feel free to contact us at [email protected] or WhatsApp us at +86-131-2037-9271 for a FREE quotation.
We also ship worldwide; for other countries, check out our experience here.