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Export Plan

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Submitted By arunramesh16
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Country Profile of Selected Markets
I. Country: MEXICO
A. People : Mexican population estimated as on date of 2013 (110 Millions)
B. Age group: Average male: Female ratio is 0.9

25-54 Age groups is maximum percentage of the population, we have a great potential in this segment as they are the frequent buyers. We have also given the female to male ratio.

C. Language: 93% Spanish, 7% is the rest.

D. Religion:

Roman Catholic religion is the major citizens of this country.

E. Cultural and social behavior :  Urban population accounts for 78%
 Extremely traditional families exist.
 Family is the center of the social structure.
 Time is flexible
 People are more diplomatic
 Business generally 9-5 preferred
 Business structure is hierarchical structure
 Greater importance in maintaining the chain of hierarchy.
 They consider frequent eye contact as disrespect.

Source: http://www.communicaid.com/access/pdf/library/culture/doing-business-in/Doing%20Business%20in%20Mexico.pdf

F. Climate: varies from tropical to dessert.
G. Conclusion: The Mexicans consider the trustworthy and diplomacy is the key elements in doing the business. They are not as broad minded and open as Americans but still the business culture is much easier to adapt than any developing countries in the world.

II. Political Risk Analysis
A. Government structure: Federal republic- congressional system - multi party system.
It has three branches (executive, legislative, Judicial)
B. Stability: the government is stable over the years
C. Social order& politics : Stable
D. Conclusion: the country is having a good relationship with India and has been trading over the years. So there would not be any problems in exporting to this country.

III. Economic Analysis
A. Economic sectors and growth trends :

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