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INFORMATION
   
Doing Business in the Philippines                  [download here]
Basic Facts for Investors (English)                  [download here]

  

Trade and Investment

In 2023, Philippine-Mexico bilateral trade reached US$ 1.3 billion with USD 906 million (Export) and USD 352 million (Import),  in favor of the Philippines.  Mexico ranks as the Philippines´ 17th largest trading partner (out of 184). Trade between the Philippines and Mexico is largely on electronics, circuits, converters, spectacles and data processing equipment.

The Philippines enjoys robust economic relations with Mexico, particularly in investments. Among the Mexican companies present in the Philippines are  Kidzania (a children’s interactive learn/play center, 2015), and Mabe (kitchen and household appliances, 2014). 

In Mexico, Philippine-owned International Container Terminal Services, Inc., currently operates two terminals in Manzanillo and Veracruz, while IMI (Integrated Micro-Electronics), Inc., a subsidiary of the Ayala Corporation and one of the top 50 electronics manufacturing service providers in the world, established a manufacturing site in Mexico in 2011. 

 

More recently, global liquor company Emperador Inc., owned by Mr. Andrew Tan, purchased major Mexican brands such as Presidente (Mexico’s no. 1 Brandy), Azteca de Oro and Don Pedro. The buy-out expanded Emperador´s global market, particularly in Latin America, making it the largest brandy producer in the world.

 

DTI opened its first Philippine Trade and Investment Center (PTIC) south of the US in Mexico City on 01 May 2016.  PTIC-Mexico aims to develop trade and investment opportunities in Mexico, as well as in Central and South America. For more information please visit PTIC-Mexico's webpage: https://www.dti.gov.ph/overseas/mexico