Location of Mexico

Mexico is a federal republic in the southern half of North America. Mexico has the fifteenth largest nominal GDP and the eleventh largest by purchasing power parity. The Mexican economy is strongly linked to those of its North American Free Trade Agreement (NAFTA) partners, especially the United States.[1][2] Mexico was the first Latin American member of the Organisation for Economic Co-operation and Development (OECD), joining in 1994. It is classified as an upper-middle income country by the World Bank[3] and a newly industrialized country by several analysts.[4][5][6][7] By 2050, Mexico could become the world's fifth or seventh largest economy.[8][9] The country is considered both a regional power and middle power,[10][11][12][13] and is often identified as an emerging global power.[14] Mexico is a member of the United Nations, the World Trade Organization, the G8+5, the G20, the Uniting for Consensus and the Pacific Alliance.

For further information on the types of business entities in this country and their abbreviations, see "Business entities in México".

Largest firms

This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before March 31, 2017.[15] Only the top five firms (if available) are included as a sample.

Rank Image Name 2016 Revenues (USD $M) Employees Notes
152 Pemex $57,774 125,689 State-owned oil and gas entity controlling much of the Mexican market. The firm was created through the nationalization of all foreign oil companies in Mexico in 1938 and governs oil exploration, extraction, refining, and commercialization in the country.
176 América Móvil $52,201 194,193 Global mobile telecommunications firm with 289 million subscribers, making it one of the largest in the world. Notable subsidiaries include Claro, Telmex, NET, Embratel, Telcel, TracFone Wireless, and Page Plus Cellular.

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
Aeroméxico Connect Consumer services Airlines Monterrey 1988 Regional airline, part of Aeroméxico
Aeroméxico Consumer services Airlines Mexico City 1988 Airline
Aeromexpress Industrials Delivery services Mexico City 1990 Cargo airline, part of Aeroméxico
AeroUnion Industrials Delivery services Mexico City 1998 Cargo airline; shipping
Ah Cacao Real Chocolate Consumer goods Food products Playa del Carmen 2003 Confectionery
ALFA Conglomerates - Monterrey 1974 Food & beverage, industrials, oil & gas, (BMV: ALFA)
Alpek Oil & gas Exploration & production Monterrey 1975 Petrochemical, part of ALFA
Alpura Consumer goods Food products Mexico City 1973 Dairy products
Altos Hornos de México Basic materials Iron & steel Monclova 1942 Steel, (BMV: AHMSA)
América Móvil Telecommunications Mobile telecommunications Mexico City 2000 Mobile network, (BMV: AMX)
Arca Continental Consumer goods Soft drinks Monterrey 2001 Bottling, (BMV: CONTAL)
Argos Comunicación Consumer services Broadcasting & entertainment Mexico City 1992 Film production
AT&T Mexico Telecommunications Mobile telecommunications Mexico City 2015 Wireless, part of AT&T (US)
Atletica Consumer goods Clothing & accessories San Miguel el Alto 1995 Sportswear
Aurrerá Consumer services Broadline retailers Mexico City 1958 Defunct, acquired by Wal-Mart (USA)
Autobuses de Oriente (ADO) Consumer services Travel & tourism Mexico City 1939 Bus lines
Aviacsa Consumer services Airlines Mexico City 1990 Airline, defunct 2011
Avolar Consumer services Airlines Tijuana 2005 Airline, defunct 2008
Azteca Consumer services Broadcasting & entertainment Mexico City 1993 Television, part of Grupo Salinas
Bachoco Consumer goods Food products Celaya[16] 1965 Poultry, (BMV: BACHOCO)
Banco Azteca Financials Banks Mexico City 2002 Bank, part of Grupo Salinas
Banco Santander (Mexico) Financials Banks Mexico City 1991 Part of Banco Santander (Spain)
Bancomext Financials Banks Mexico City 1937 State bank
Banorte Financials Banks Monterrey 1899 Bank, (BMV: GFNORTE)
BanRegio Financials Banks Monterrey 1994 Bank
Barcel Consumer goods Food products Lerma 1950 Part of Grupo Bimbo
BBVA Bancomer Financials Banks Mexico City 1932 Part of BBVA (Spain)
Benedetti's Pizza Consumer services Restaurants & bars Colima City 1983 Fast food
Cablemás Telecommunications Fixed line telecommunications Mexico City 1968 Cable
Calimax Consumer services Food retailers & wholesalers Tijuana 1939 Grocery
Camino Real Consumer services Hotels Mexico City 1958 Hotels and resorts
Canel's Consumer goods Food products San Luis Potosí 1925 Confectionery
Carso Global Telecom Telecommunications Fixed line telecommunications Mexico City 1996 Telecommunications (BMV: TELECOM)
Casa Ley Consumer services Food retailers & wholesalers Culiacan 1954 Part of Albertsons Companies, Inc. (USA)
Cemento Cruz Azul Industrials Building materials & fixtures Mexico City 1881 Cement
Cemex Industrials Building materials & fixtures Monterrey 1906 Construction, materials, engineering
Chedraui Consumer services Food retailers & wholesalers Mexico City 1927 Grocery
Cinemex Consumer services Recreational services Mexico City 1993 Owned by Onex Corporation (Canada), Oaktree Capital Management (USA)
Cinépolis Consumer services Recreational services Morelia 1947 Theaters
City Club Consumer services Broadline retailers Monterrey 2002 Wholesale club
Comercial Mexicana Consumer services Food retailers & wholesalers Mexico City 1930 Grocery, defunct 2018
Comex Group Industrials Construction & materials Mexico City 1959 Paint, owned by PPG Industries
Comisión Federal de Electricidad Utilities Electricity Mexico City 1937 State-owned energy
Consejo Mundial de Lucha Libre Consumer services Recreational services Mexico City 1933 Wrestling
Consorcio ARA Industrials Heavy construction Mexico City 1977 Construction (BMV: ARA)
Coppel Consumer services Department stores Culiacán 1941 Retail
Correos de México Industrials Delivery services Mexico City 1580 Postal services
Cuauhtémoc Moctezuma Brewery Consumer goods Brewers Monterrey 1890 Part of Heineken International (Netherlands)
Cervecería Baja California Consumer goods Brewers Mexicali 2002 Brewery
DINA S.A. Industrials Commercial vehicles & trucks Ciudad Sahagún 1951 Buses, trucks, parts, military vehicles
El Palacio de Hierro Consumer services Restaurants & bars Mexico City 1850 Stores and restaurants (BMV: GPH)
Estafeta Carga Aérea Industrials Delivery services Mexico City 2000 Cargo airline; shipping
Expansión Consumer services Publishing Mexico City 1966 Part of Time Inc. (US)
Falco Electronics Consumer goods Consumer electronics Mérida 1991 Electronics, electronic parts
Farmacias Benavides Consumer services Drug retailers Monterrey 1971 Pharmacies (BMV: BEVIDES)
FEMSA Consumer goods Soft drinks Monterrey 1974 Beverages (BMV: FEMSA)
Ferrocarriles Nacionales de México Industrials Railroads Mexico City 1903 Railway, defunct 2001
Fondo de Cultura Económica Consumer services Publishing Mexico City 1934 Publishing
Gamesa Consumer goods Soft drinks San Nicolás de los Garza 1921 Part of PepsiCo (USA)
Gorditas Doña Tota Consumer services Retail Monterrey[17] 1952 Restaurant chain, part of FEMSA
Gruma Consumer goods Food & beverage Monterrey 1949 Tortillas (BMV: GRUMA)
Grupo Aeroportuario del Sureste Industrials Transportation services Mexico City 1998 Airport (BMV: ASUR)
Grupo Anderson's Consumer services Restaurants & bars Cancún 1963 Restaurants
Grupo BAL Conglomerates - Mexico City - Energy, metallurgy, finance, insurance
Grupo Bimbo Consumer goods Food products Mexico City 1945 Food conglomerate (BMV: BIMBO)
Grupo Carso Conglomerates - Mexico City 1990 Industrials, media, retail, telecom (BMV: GCARSO)
Grupo CIE Consumer services Broadcasting & entertainment Mexico City 1990 Entertainment (BMV: CIE)
Grupo Elektra Financials Consumer finance Mexico City 1950 Financial services (BMV: ELEKTRA)
Grupo Famsa Consumer services Broadline retailers Monterrey 1970 Retail
Grupo Financiero Banamex Financials Banks Mexico City 1884 Part of Citigroup (US)
Grupo Lala Consumer goods Food products Gómez Palacio 1950 Dairy
Grupo México Basic materials General mining Mexico City 1978 Mining, (BMV: GMEXICO)
Grupo Modelo Consumer goods Brewers Mexico City 1992 Part Anheuser-Busch InBev (Belgium)
Grupo Omnilife Consumer goods Personal products Guadalajara 1991 Nutrition and skin care
Grupo Posadas Consumer services Travel & tourism Mexico City 1967 Tourism (BMV: POSADAS)
Grupo Reforma Consumer services Publishing Monterrey 1922 Publishing
Grupo Salinas / Grupo Azteca Conglomerates - Monterrey 1906 Media, financials, telecommunications
Grupo Sanborns Consumer services Broadline retailers Mexico City 1903 Retail (BMV: GSANBOR)
HSBC Mexico Financials Banks Mexico City 1941 Part of HSBC (UK)
Hydra Technologies Consumer goods Automobiles Zapopan[18]  ? Aircraft, UAV
Banco Inbursa Financials Banks Mexico City 1992 Bank (BMV: GFINBUR)
Interjet Consumer services Airlines Mexico City 2005 Airline
Italika Consumer goods Automobiles Toluca 2005 Motorcycles, ATV
Jarritos Consumer goods Soft drinks Guadalajara 1950 Beverage
Jose Cuervo Consumer goods Alcoholic drinks Tequila 1795 Beverage
Jumex Consumer goods Soft drinks Ecatepec de Morelos 1961 Beverage
Kyoto Electronics Consumer goods Consumer electronics Mexico City 2009 Consumer electronics
La Comer Consumer services Food retailers & wholesalers Mexico City 1944 Grocery
La Costeña Consumer goods Food products Mexico City 1923 Canned food
Lanix Consumer goods Consumer electronics Hermosillo 1990 Electronics
Liverpool Consumer services Broadline retailers Mexico City 1847 Department stores (BMV: LIVEPOL)
Lucha Libre AAA World Wide Consumer services Recreational services Mexico City 1992 Wrestling promotion
Mabe Consumer goods Durable household products Mexico City 1946 Appliances
Mastretta Consumer goods Automobiles Mexico City 1987 Automobiles
Mayordomo Consumer goods Food products Oaxaca City 1956 Confectionery
Meebox Consumer goods Consumer electronics Guadalajara 2009 Consumer/commercial electronics
Mexicana de Aviación Consumer services Airlines Mexico City 1923 Airline, defunct 2010
MexicanaClick Consumer services Airlines Mexico City 2005 Airline, defunct 2010
Mexico City Metrobús Consumer services Travel & tourism Mexico City 2005 State-owned bus line
MVS Comunicaciones Consumer services Broadcasting & entertainment Mexico City 1967 Radio and television
Ocesa Teatro Consumer services Recreational services Mexico City 1997 Theater, part of Grupo CIE
Orbia Oil & gas Exploration & production Tlalnepantla de Baz 1953 Petrochemical (BMV: MEXCHEM)
OXXO Consumer services Food retailers & wholesalers Monterrey 1977 Grocery, part of FEMSA
Paletería La Michoacana Consumer services Restaurants & bars Mexico City 1940 Ice cream parlor chain
Pascual Boing Consumer goods Soft drinks Mexico City 1940 Beverage
Pemex Oil & gas Exploration & production Mexico City 1938 State-owned petroleum
Peñoles Basic materials General mining Mexico City 1887 Mining (BMV: PENOLES)
Restaurante Arroyo Consumer services Restaurants & bars Mexico City 1940 Restaurants
Sabritas Consumer goods Soft drinks Mexico City 1943 Part of PepsiCo (US)
Satmex Telecommunications Fixed line telecommunications Mexico City 1997 Communications, defunct 2014
Sauza Tequila Consumer goods Food products Guadalajara 1873 Part of Suntory (Japan)
Selther Consumer goods Clothing & accessories Monterrey 1970 Bedding, textiles
Semex Consumer goods Consumer electronics Mexico City 1997 Consumer electronics, part of Sharp Corporation (Japan)
Señor Frog's Consumer services Restaurants & bars Mexico City 1989 Restaurants
Sigma Alimentos Consumer goods Food products Monterrey 1980 Food
Softtek Technology Software Monterrey 1982 Software, IT solutions
Soriana Consumer services Food retailers & wholesalers Monterrey 1968 Grocery (BMV: SORIANA)
TAESA Lineas Aéreas Consumer services Airlines Monterrey 1988 Airline, defunct 2000
Televisa Consumer services Broadcasting & entertainment Mexico City 1973 Mass media (BMV: TLEVISA)
Telmex Telecommunications Fixed line telecommunications Mexico City 1947 Fixed line, part of América Móvil (BMV: TELMEX)
Tequila Herradura Consumer goods Food products Amatitán 1870 Part of Brown-Forman (US)
Cerveza Tijuana Consumer goods Brewers Tijuana 2000 Brewery
Urbi Industrials Heavy construction Mexicali 1981 Construction, real estate
Videxport Consumer goods Food products Hermosillo 1975 Fruits and nuts
VivaAerobús Consumer services Airlines Mexico City 2006 Airline
Volaris Consumer services Airlines Mexico City 2004 Airline
World Boxing Council (WBC) Consumer services Recreational services Mexico City 1963 Boxing
Zonda Telecom Consumer goods Consumer electronics Guadalajara 1968 Electronics, mobile telephones

See also

References

  1. ↑ "Mexico (05/09)". US Department of State. June 25, 2012. Retrieved July 17, 2013.
  2. ↑ "CRS Report for Congress" (PDF). Congressional Research Service. November 4, 2008. Retrieved July 17, 2013.
  3. ↑ "Country and Lending Groups". World Bank. Archived from the original on March 18, 2011. Retrieved March 5, 2011. Uppermiddle Income defined as a per capita income between $3,976 – $12,275
  4. ↑ Paweł Bożyk (2006). "Newly Industrialized Countries". Globalization and the Transformation of Foreign Economic Policy. Ashgate Publishing. p. 164. ISBN 0-7546-4638-6.
  5. ↑ Mauro F. Guillén (2003). "Multinationals, Ideology, and Organized Labor". The Limits of Convergence. Princeton University Press. p. 126 (table 5.1). ISBN 0-691-11633-4.
  6. ↑ David Waugh (2000). "Manufacturing industries (chapter 19), World development (chapter 22)". Geography, An Integrated Approach (3rd ed.). Nelson Thornes. pp. 563, 576–579, 633, and 640. ISBN 0-17-444706-X.
  7. ↑ N. Gregory Mankiw (2007). Principles of Economics (4th ed.). Mason, Ohio: Thomson/South-Western. ISBN 978-0-324-22472-6.
  8. ↑ "Mexico 2050: The World's Fifth Largest Economy". March 17, 2010. Archived from the original on July 25, 2013. Retrieved July 12, 2013.
  9. ↑ "World in 2050 – The BRICs and beyond: prospects, challenges and opportunities" (PDF). PwC Economics. Archived from the original (PDF) on February 22, 2013. Retrieved July 17, 2013.
  10. ↑ James Scott; Matthias vom Hau; David Hulme. "Beyond the BICs: Strategies of influence". The University of Manchester. Archived from the original on May 25, 2017. Retrieved April 11, 2012.
  11. ↑ "How to compare regional powers: analytical concepts and research topics" (PDF). British International Studies Association. Archived from the original (PDF) on November 30, 2012. Retrieved April 11, 2012.
  12. ↑ "Ministry of Foreign Affairs of Japan" (PDF). Retrieved May 7, 2012.
  13. ↑ "Oxford Analytica". Archived from the original on April 24, 2007. Retrieved July 17, 2013.
  14. ↑ "G8: Despite Differences, Mexico Comfortable as Emerging Power". ipsnews.net. June 5, 2007. Archived from the original on August 16, 2008. Retrieved May 30, 2010.
  15. ↑ DeCarlo, Scott (20 July 2017). "The Fortune 2017 Global 500". Fortune.
  16. ↑ "Bachoco, S.A. De C.V.: Private Company Information". Bloomberg. Retrieved 2017-12-16.
  17. ↑ "Gorditas Dona Tota S.A. de C.V.: Private Company Information". Bloomberg. 2013-01-01. Retrieved 2017-12-16.
  18. ↑ "Pro Mexico". Negocios.promexico.gob.mx. 2009-06-08. Retrieved 2017-12-16.
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