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The Nuts & Bolts of Manufacturing in Mexico and More...

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Interview with Isis Gomez, VP of International Trade and Compliance for Co-Production International

isis gomez immex vat exemptions us mexico trade expert

Isis has worked in the industry for fifteen years and holds a bachelor’s degree in International Trade and Customs from Instituto Tecnológico de Baja California (TBC). She assists our partners in Mexico with import/export compliance and customs processes, including minimizing or deferring VAT and duties costs for IMMEX certified companies under CPI’s shelter program. Isis is Six Sigma Green Belt Certified.

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The average wage in Mexico for manufacturing and maquiladora industries (What is a maquiladora?) is different than the minimum wage in Mexico. The average wage for an assembler in a Mexico manufacturing operation is $2.60 dollars an hour , equaling an average daily wage of $20 dollars. Representing a dramatic difference from the actual minimum wage in Mexico, Foreign companies manufacturing in Mexico strive for employee retention as evidenced by attractive average wages and benefits packages.

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Decoupling has begun between two of the largest economies in the world: China and the United States. This is no longer a short-term trade war, but rather a new world order. Though escalating to the point of chaos in a battle of media headlines and the tit-for-tat retaliatory tariffs between the two nations, manufacturing companies aren’t sitting around flat-footed waiting for the next shoe to drop. Companies are leaving China and a lot of them are moving production to Mexico.

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Mexico Manufacturing Industry News

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