Mexico: International Trade & Investment

Senegal and Mexico share strong diplomatic ties, but the real opportunity lies in transforming this relationship into tangible business ventures. Mexico's open investment regime, access to 130 million consumers, and strategic position as a gateway to North American markets present compelling opportunities for Senegalese companies in agribusiness, manufacturing, telecommunications, and logistics to expand their operations across the Americas.

The Mexican Ministry of Economy has initiated an antidumping investigation into carbon steel sheet imports from Japan following a petition by Grupo Acerero, S.A. de C.V. The investigation covers hot-rolled, flat-rolled steel products and establishes specific deadlines for Japanese producers and exporters to respond, with the dumping period under review spanning all of 2025.

On August 30, 2026, President Claudia Sheinbaum submitted a bill to Congress that would amend the Foreign Investment Law and create a national-security review mechanism for foreign acquisitions in Mexico.

El marco jurídico mexicano en materia aduanera y de comercio exterior ha evolucionado hacia un modelo de cumplimiento más estricto y controlado.

On February 23, 2026, President Sheinbaum published amendments to the Regulations of the Mexican Customs Law (Reglamento de la Ley Aduanera) in the Official Gazette (Diario Oficial de la Federación).

The MVE, which will be enforceable as of April 1, 2026, is a digital document integrated into Mexico's Single Window for Foreign Trade (VUCEM – Ventanilla Única de Comercio Exterior) through which importers must declare the customs value of goods entering Mexico.

Mexico's customs and foreign trade legal framework has evolved into a substance-based compliance model. Authorities now expect importers to demonstrate not only what was imported, but also why, under what legal relationship, and under what economic terms the transaction took place.

On November 19, 2025, a Decree amending, adding and repealing various legal provisions of the Mexican Customs law was published in the Diario Oficial de la Federacion (Mexican Official Gazette).

Mexico 2026 Customs Updates: During the third quarter of 2025, Mexico's General Import and Export Taxes Law (GIETL) and Customs Law were amended. In addition, the 2026 General Rules of Foreign Trade (FTR) were published.