Background on Concanaco and its Relevance
The Confederation of National Chambers of Commerce, Services and Tourism (Concanaco Servytur) is a prominent organization representing businesses in Mexico. Comprising 36 chambers from across the country, Concanaco plays a crucial role in advocating for commerce, services, and tourism interests. Its significance lies in its ability to gather insights from a vast network of businesses, making it an authoritative voice on Mexico’s economic landscape.
Concerns Among the Business Community
Concanaco recently conducted an extensive survey among its members in 19 federal entities, primarily focusing on the northern and central-low regions of Mexico. The survey revealed growing concerns within the business community regarding various customs and tax changes, along with heightened insecurity.
Investment and Production Outlook
According to the survey, 70% of Concanaco’s affiliated businesses anticipate a contraction in investment and production over the next 12 months. Many companies have either closed or reduced their operations in 2025 due to these challenges.
Relocation, Reduction, or Closure of Operations
The survey highlights that 83.8% of the consulted entrepreneurs are aware of at least one company evaluating closure, reduction, or relocation of operations in Mexico. The primary reasons cited are high operational costs (58.2%) and unexpected regulatory or customs changes (41.8%).
Sector-wise Impact
The survey indicates that various sectors have expressed concern about the economic situation, with services (32%), customs brokers (14%), industry (13%), maquiladoras (12%), commerce (8%), and logistics (5%) showing the most significant impact.
Economic Deterioration and Uncertainty
Concanaco’s president, Octavio de la Torre, reported that 98% of the surveyed businesses perceive the country’s economic situation as either deteriorating or uncertain during 2025.
Economic Indicators in the Northern Border Region
In the northern border region, specifically in Tijuana, maquiladora exports have experienced a 7.1% decline in the first half of 2025. Moreover, industrial warehouse availability has increased by 29% compared to the previous year, signaling investment flight and underutilized productive infrastructure.
Key Questions and Answers
- What is Concanaco? Concanaco Servytur is the Confederation of National Chambers of Commerce, Services and Tourism, a prominent organization representing businesses in Mexico.
- What concerns are highlighted by the survey? The survey reveals growing concerns within the business community regarding customs and tax changes, regulatory uncertainty, high operational costs, and heightened insecurity.
- What percentage of businesses anticipate economic contraction? 70% of Concanaco’s affiliated businesses anticipate a contraction in investment and production over the next 12 months.
- What is the primary reason for businesses considering closure or reduction of operations? High operational costs (58.2%) and unexpected regulatory or customs changes (41.8%) are the main reasons.
- What is the economic perception of Mexico in 2025, according to Concanaco? 98% of surveyed businesses perceive the country’s economic situation as either deteriorating or uncertain during 2025.
- What are the economic indicators in the northern border region? Maquiladora exports have declined by 7.1% in the first half of 2025, and industrial warehouse availability has increased by 29% compared to the previous year.