Mexico: Doing business & staying in touch

Doing business in Mexico

Business culture in Mexico places a strong emphasis on relationships, trust and personal interaction. While meetings may follow a structured agenda, establishing rapport is often considered just as important as the business discussion itself, particularly in the early stages of a professional relationship.

Punctuality is generally expected, although meetings may not always start exactly on time. It is advisable to arrive promptly while allowing for some flexibility. Appointments should be scheduled in advance and confirmed, and business cards are commonly exchanged at the beginning of meetings.

A handshake is the standard greeting in business settings, often accompanied by direct eye contact. In more familiar relationships, a light embrace or cheek kiss may be used, though this is less common in formal contexts. Titles and surnames are typically used initially, with first names adopted once a relationship is established.

Dress tends to be formal in corporate environments, particularly in major cities such as Mexico City, Monterrey and Guadalajara, where business suits or smart attire are expected. Communication style is generally polite and indirect, and it is important to remain courteous and patient throughout negotiations and discussions.

Office hours

Mon to Fri, 09:00 to 18:00.

Economy

Mexico has one of the largest and most diversified economies in Latin America, with strong sectors in manufacturing, energy, agriculture, mining and services. Its strategic location and extensive trade links make it a key economic hub, particularly in relation to North America.

Manufacturing plays a central role in the economy, especially in industries such as automotive production, electronics and aerospace. Many international companies operate in Mexico, benefiting from established supply chains and access to major export markets.

Energy is another important sector, with Mexico being a significant producer of oil and natural gas. Renewable energy sources, including wind and solar power, are also developing as part of broader energy diversification efforts.

Agriculture contributes to both domestic consumption and exports, with products such as avocados, tomatoes, maize and coffee widely produced across different regions. The country's varied climate supports a wide range of crops.

The services sector is a major driver of economic activity, including tourism, finance, retail and telecommunications. Mexico's cultural heritage, natural attractions and accessibility make tourism a significant contributor to the economy.

Economic conditions can vary between regions, with industrialised urban centres showing higher levels of development compared to some rural areas. Ongoing investment and trade continue to shape the country's economic landscape.

GDP

US$1.86 trillion (2025).

Main exports

Vehicles and automotive parts, electronics, machinery, oil and petroleum products, agricultural goods including fruit and vegetables.

Main imports

Machinery and equipment, electrical goods, vehicles, chemicals and refined fuels.

Main trading partners

United States, Canada, China, Germany and Japan.

Keeping in Touch in Mexico

Mobile phone

Mobile phone coverage in Mexico is generally good, particularly in cities, towns and along major transport routes. The main mobile network providers include Telcel, AT&T México and Movistar.

Visitors can purchase prepaid SIM cards at airports, mobile shops and convenience stores. Registration may be required, and a passport is usually needed. Data packages are widely available and reasonably priced.

Coverage may be more limited in remote or mountainous areas, though major tourist destinations are typically well served.

Internet

Wi-Fi is widely available in Mexico, particularly in cities, tourist areas, hotels, cafés and restaurants. Many establishments offer free Wi-Fi for customers, though connection quality can vary.

Speeds are generally good in urban areas and suitable for browsing, messaging and video calls. In more remote regions, connections may be slower or less reliable.

Public Wi-Fi hotspots are available in some parks, airports and public spaces. Many visitors rely on mobile data for more consistent access, especially when travelling between destinations.

Media

Mexico has a diverse media landscape, with a mix of state-owned and private television, radio, print and digital outlets. Spanish-language media dominates, though some English-language content is available in major cities and tourist areas.

Television and radio are widely accessible, and newspapers and online platforms provide national and regional news coverage. Digital media and social networks are widely used, particularly via smartphones.

International news channels are commonly available in hotels and through cable or satellite services.

Visa and passport information is updated regularly and is correct at the time of publishing. You should verify critical travel information independently with the relevant embassy before you travel.