Trade
Cross-Border Trade
Also known as: Border trade, Transborder commerce
The exchange of goods and services between regions or communities adjacent to an international border, with distinct economic and regulatory dynamics.
Also known as: Border trade, Transborder commerce
The exchange of goods and services between regions or communities adjacent to an international border, with distinct economic and regulatory dynamics.
Cross-border trade is the commercial exchange occurring in areas adjacent to an international border. Mexico's border with the United States generates bilateral trade exceeding $600 billion annually, with unique dynamics including free zones and border strips.
USMCA (T-MEC)
Trade agreement between the United States, Mexico, and Canada that replaced NAFTA in July 2020, governing trade, investment, and intellectual property rules.
CustomsFree Trade Zone
A designated area within a country where foreign goods can enter without payment of foreign trade taxes, under specific conditions established in customs legislation.
TradeMaquiladora
A manufacturing facility in Mexico that temporarily imports raw materials, components, and machinery for processing or assembly and re-exports the finished product, generally operating under the IMMEX program.
LogisticsCustoms Transit
Regime where goods are transferred under customs control from one customs office to another within the country or to a foreign destination.