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Major global firms continue to invest in Mexico’s pharmaceutical industry. In 2017, 20 of the world’s top-25 pharmaceutical giants were active in the country, and 22.7% of total health spending went towards the pharmaceutical industry, according to the OECD. That same year, Mexico was the second-largest pharmaceutical market in Latin America...

 

Against a backdrop of increasingly severe and financially straining climate events and natural disasters, technology is poised to play an important role in maintaining and improving global agricultural output. The adoption of digital and precision farming practices has been shown to improve crop resiliency, and boost productivity and incomes,...

 

Since 2013 Mexico has achieved significant agricultural export growth, reversing a trade deficit in agricultural products that almost reached $5bn in 2012. According to the Ministry of Agriculture and Rural Development (Secretaría de Agricultura y Desarrollo Rural, SADER), the sector posted a net trade surplus of $5.8bn in 2018, up 10.8% from...

 

In recent years Mexico has emerged as a successful exporter of non-traditional crops such as avocados, berries and tomatoes. In 2018 during his first term in office, President Andrés Manuel López Obrador, better known by his acronym AMLO, made promises to reduce the country’s dependence on grain imports. However, as of mid-2019 the new...

 

Aided by easier and cheaper travel, global tourism has experienced two decades of almost uninterrupted growth. According to the World Bank, the number of international departures more than doubled between 1997 and 2017, from 687m to 1.57bn per annum. With the global middle class estimated by the US-based think tank Brookings Institution to be...

 

In light of the new multi-phase tourism policy, what diversification initiatives will be put in place to strengthen the industry?

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