Mexico is Arizona’s top trading partner, with $6.3 billion in Arizona exports to Mexico in 2012 (2.9 percent of the total U.S. exports to Mexico).
Other facts:
- There are 24 million border crossing person-trips from Mexico into Arizona each year, which accounts for 19 percent of Arizona’s international total in tourism dollars.
- Mexican sources are responsible for more than $420 million in foreign direct investment in Arizona since 2007.
- There are 182 direct nonstop flights a week between Mexico and Arizona.
Cross-border trade is increasing. Prominent Mexican companies in Arizona include GoNet USA (software and services, an Inc. 5000 fastest-growing company), Cemex (regional headquarters in Phoenix and branches throughout the state), Interceramic (construction materials with multiple locations), Vitro (glassmaker with locations in Phoenix and Tempe), Gruma (food products with locations in Phoenix and Tempe), ECN (mining industry control systems), Bimbo (food company that owns U.S. food companies) and Tiempo (Arizona software development company with subsidiary operations in Mexico).
For more information, contact Michael Patterson at Polsinelli.
